Founded in 1998, Movac is a Wellington-based venture capital firm specializing in early-stage tech investments.
Location
Wellington, Wellington Region, NZ
Founded
1998
Movac is a Wellington-based venture capital firm specializing in full lifecycle technology investments. Founded in 1998, the company focuses on high-touch, high-conviction investments, providing Kiwi capital and global talent to support business growth. Movac typically invests across various stages, including seed, angel, and private equity rounds.
The firm offers functional expertise, international connectivity, and capability building to its portfolio companies. Notable investments include Kry10, PartsTrader, and Ponoko. Movac emphasizes personal development of invested teams and provides strategic capital support, allowing founders to focus on running their businesses. With years of collective experience in commercializing and growing businesses, Movac brings valuable resources to its portfolio companies.
Movac - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies4
Current Portfolio Count4
Top Investment Stages
Angel1 (33.3%)
Seed1 (33.3%)
Series C1 (33.3%)
Stage Mix
Angel 33%Seed 33%Series C 33%
Concentration shown as share of disclosed investments by stage.