Movac
Est. dry powder
$163.5M
Raised, not yet invested
AUM
$258.8M
Assets under management
Latest fund
$76.9M
Movac Fund 4
Est. cheque size
$173.5K–
From fund sizes
Deals, last 12 months
3
Last seen investing Jun 2026
About Movac
Movac, is a venture capital firm that invests solely in New Zealand firms. The firm provides capital to companies in either the early or expansion stage of their development life cycles and makes larger deals alongside other investors. Movac invests in various technology sectors and had invested in businesses in the clean technology, hardware, media, and internet sectors in the past. The firm avoids property, retail, or reseller businesses. Movac prefers businesses that are able to grow rapidly in scale. Movac prefers board representation in its investee companies. The venture capital firm adopts an active role, lending its technical expertise, strategic, and operational advice and network to help the firms compete globally.
- Type
- Venture Capital Firm
- Headquarters
- Wellington, New Zealand
- Stages
- SeedSeries ASeries BSeries CSeries DEarly Stage
- Est. cheque size
- $173.5K–$1.7M
- Sectors
- Information Technology
- Regions
- Australasia
- Strategies
- Growth, Pre-Seed, Seed, Series A
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Series A6
- Seed5
- Series B5
- Series C4
- Series D2
Across 45 deals
Portfolio sectors
- Software16
- Medical Devices & Equipment4
- Consumer Products2
- Insurance2
- Media2
Across 40 companies
Portfolio countries
- New Zealand32
- US4
- Australia3
- Singapore1
Across 40 companies
Recent investments
Newest 5 of 45
- Series B$50M
Partly Group Limited
Jun 2026 · Series B
- Series B$54.7M
Auto Grab Pty Ltd.
Jan 2026 · Series B
- Series C$30M
Hnry Limited
Dec 2025 · Series C
- Unspecified Round$2.8M
Avasa
Aug 2025 · Unspecified Round
- Unspecified Round$12.5M
Re-Leased Software Company Ltd
Sep 2024 · Unspecified Round
Offices
1 location
- Wellington, New ZealandHQ
Questions about Movac
How much does Movac invest per deal?
Based on the size of its funds, Movac writes estimated cheques of $173.5K–$1.7M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
What stages does Movac invest in?
Movac has invested at Seed, Series A, Series B, Series C, Series D and Early Stage. Its most frequent rounds on record are Series A, Seed and Series B.
How much capital does Movac have left to invest?
Movac has an estimated $163.5M in dry powder: capital it has raised but not yet invested.