Just capital: venture firm GD1 on NZ's investment boom

Just capital: venture firm GD1 on NZ's investment boom
Global From Day 1 just raised $130 million for its third fund. (Image: Supplied)
Dan Brunskill
New Zealand’s venture capital market has doubled in size in the past year alone as successful exits from the likes of Vend and Rocket Lab have fed the ecosystem, says GD1 partner Vignesh Kumar.His venture firm, Global From Day 1, just raised $130 million for its third fund and plans to raise another $30m.Large institutional funds, private wealth platforms and “noteworthy tech-founders” were among those contributing the cash, the firm said.New Zealand Growth Capital Partners made a $45m investment from the Elevate NZ Venture Fu...

More Markets

NZ stocks end flat as US Fed decision looms
Markets Market Close

NZ stocks end flat as US Fed decision looms

Market finishes slightly down as telco company Spark loses more ground.

Jamie Gray 12 Sep 2025
Locate Technologies plans to quit ASX for NZX
Markets

Locate Technologies plans to quit ASX for NZX

Bitcoin-favouring Locate Technologies eyes move to NZX's main board.

Staff reporters 12 Sep 2025
Vital takeover bid passes threshold at 11th hour
Markets

Vital takeover bid passes threshold at 11th hour

Tait International has secured acceptances to meet the 90% minimum condition for its Vital takeover less than a day before the offer was set to expire.Vital filed a substantial product holder (SPH) notice to the NZX on Friday morning, which showed Tait's stake lifted to 92.1%...

Gregor Thompson 12 Sep 2025
Tower again hikes FY underlying profit outlook
Markets

Tower again hikes FY underlying profit outlook

Insurer sees FY underling profit up as large events weigh less than expected     

Staff reporters 12 Sep 2025