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Hot Topic Hawke’s Bay
General Business
2 mins to read
6

Movac raises $202m for latest venture capital fund

NZ Super Fund, Fisher Funds, and Generate jump on board to give technology companies a financial boost.

NZ Super Fund commits up to $70m, third investment in Movac.

Jonathan Mitchell Wed, 10 May 2023

Venture capital firm Movac has raised $202 million for its latest venture capital fund, after lining up the New Zealand Super Fund, Fisher Funds, Generate KiwiSaver, and the Government Superannuation Fund as key institutional investors.

The Movac Growth Fund 6 would provide growth funding to local

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Jonathan Mitchell Wed, 10 May 2023
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Movac Mark Vivian Del Hart NZ Super Fund Fisher Funds Generate Iwi
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