Icehouse Ventures' Fund IV raises half $30m target in one month

Icehouse Ventures' Fund IV raises half $30m target in one month
Icehouse Ventures CEO Robbie Paul. (Image: Supplied)
Staff reporters
Icehouse Ventures has raised half its $30 million Seed Fund IV a month after launching it.The venture capital firm stated that 80 investors had contributed $15m. More than half of those had invested in previous Icehouse seed funds, including Stephen Tindall, who has backed all four.The minimum investment is $50,000, and the fund is open to wholesale investors only. It will invest in companies from early-stage through to pre–Series A raises.Icehouse chief executive officer Robbie Paul said the enthusiasm for the fund reflected NZ’s c...