New $100m fund aims to supercharge Kiwi tech companies

Robbie Paul says it is encouraging three KiwiSaver funds have invested. (Image: NZME)

Mon, 25 Nov 2024

Icehouse Ventures has raised more than $100 million for a growth fund designed to help supercharge 20 mature, high-growth New Zealand technology companies.The venture capital firm’s Growth Fund II is fully subscribed and now taking orders from wholesale investors for oversubscription, with a minimum investment of $50,000 required.It had attracted cornerstone investment from KiwiSaver funds Generate Kiwisaver ($20m), Simplicity ($10m) and Pie Funds ($10m).Icehouse ‘advantage’The fund is a sequel to Icehouse's 2020 Grow...

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