The NZ entrepreneur trying to seed six unicorns

The NZ entrepreneur trying to seed six unicorns
Phase One CEO Mahesh Muralidhar. (Image: Phase One)
Greg Hurrell
New Zealand venture capitalist Mahesh Muralidhar is aiming to nurture six billion-dollar "unicorn" companies through Phase One, his early-stage funding community.The organisation selectively invests in early-stage companies. "The mission for ... Phase One is six unicorns, so six billion-dollar businesses that are privately held," he said.Muralidhar said Phase One had invested in around 14 early-stage companies. "It's a very small fund, so we've deployed around $600,000 and we've committed to another $50...

More Startups

UsedFULLY looks to Europe for commercial growth
Technology

UsedFULLY looks to Europe for commercial growth

The startup has signed an exclusive deal with Scion to roll out textile recycling tech.

Greg Hurrell 05 Mar 2025
Foiling ferry startup Vessev poised to fly
Technology

Foiling ferry startup Vessev poised to fly

The NZ-based electric boat manufacturer has deals in the works with companies in Hawaii.

Ben Moore 28 Jan 2025
The $70m rise and fall of Ubco
Technology

The $70m rise and fall of Ubco

The two-wheeled electric vehicle startup made it nine years and had a global footprint.

Ben Moore 21 Jan 2025
Startup Law Cyborg offers an affordable AI ‘little lawyer’
Technology

Startup Law Cyborg offers an affordable AI ‘little lawyer’

Founder Andrew Wierda developed the prototype while working as a grad at EY.

Ben Moore 20 Dec 2024