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Govt-backed Elevate invests $45m in another venture fund

Global From Day One’s new fund brings ‘firepower’ to the Kiwi venture capital sector.

Maria Slade Thu, 01 Jul 2021

Government venture fund Elevate has made its largest investment to date, committing $45 million to venture capitalist Global From Day 1’s third fund.

Global From Day 1 (GD1) is an investor in high-growth tech ventures including electric utility bike maker Ubco, wearable tech pioneer

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Govt-backed Elevate invests $45m in another venture fund
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