Generate KiwiSaver Scheme invests $20m into Icehouse Ventures

Kiwisaver fund make tech investments. (Image: Getty)
Generate KiwiSaver Scheme has invested $20 million in a $100m venture capital fund that will support 20 established New Zealand tech companies.The $20m is going into Icehouse Ventures’ Growth Fund II.Generates’ chief investment officer Sam Goldwater said the investment marked “another opportunity” to benefit from tech innovation and Icehouse Ventures had proven themselves to be a “top pedigree” venture capital investor.Icehouse Ventures chief executive Robbie Paul said Generate’s backing signalled the f...
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