Pacific Channel will invest the fund into deep-tech ventures built around breakthrough technology, solving worthwhile problems and creating meaningful global impact and value.
The fund will invest in around 25 kiwi-based deep-tech companies developing clean-tech, agri-tech, future foods, advanced engineering and manufacturing innovation.
The fund brings together several private investors as well as New Zealand Growth Capital Partners’ Elevate NZ Venture Fund, which has committed $20m to the fund. It is the largest fund of its kind in New Zealand and reflects a strong commitment to building successful deep-tech ventures to create meaningful global impact and value.
With a strong local presence and global network, Pacific Channel provides an eco-system of support to its portfolio companies alongside its investment, with a particular focus on securing international co-investors and follow-on investors, forming critical strategic business relationships, and engineering successful exits.
The fund aims to provide early-stage deep-tech companies the resources, expertise, and networks required to accelerate growth and navigate the complex commercialisation pathway required to achieve success in global markets.
Fund II is multi-staged and will support companies in Pre-seed, Seed and Series A rounds .
The Pacific Channel team is now actively reviewing new deep-tech opportunities for investment. If you are involved in a deep-tech company and wish to seek investment now or in future, please email innovations@pacificchannel.com
