Movac

Movac was founded in 1998, and focuses on investing in NZ tech companies at seed stage, Series A and beyond. Movac is led by established investors Phil McCaw, David Beard, Mark Stuart and Mark Vivian. Movac has deployed more than $150m into NZ tech companies via their previous four funds. This is their fifth fund, and their second fund involving NZGCP (previously NZVIF). Prior portfolio companies include PowerbyProxi (sold to Apple), Trade Me (sold to Fairfax) and GreenButton (sold to Microsoft). Existing portfolio companies include Aroa Biosurgery (recent IPO in Australia on ASX), Vend, Coretex, Timely, Mobi2Go, TracPlus, Author-it, Unleashed Software and Revolution Fibres.