Elevate NZ Venture Fund feeds Blackbird

Tue, 08 Sep 2020

Elevate NZ Venture Fund – the government’s new venture capital fund being run by New Zealand Growth Capital Partners – is investing $21.5 million into the Blackbird Ventures’ New Zealand fund. Elevate’s first allocation following its launch in March 2020 supports an NZ fund established by Australia's largest venture capital fund, Blackbird Ventures, in August last year. It is now expanding its activities by joining forces with the Elevate NZ Venture Fund to invest into promising New Zealand start-ups. NZGCP chair Murray Gribben said th...

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