Elevate confirms Blackbird Ventures as first investment
The government fund is contributing $21.5m to back promising Kiwi startups.
The government’s $300 million Elevate venture capital fund has confirmed it has made its first investment.
As reported by NBR last month, the fund is joining forces with Australia-based Blackbird Ventures.
Elevate will contribute $21.5m to Blackbird’s existing $30m New Zealand fund,
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