# Movac

Source: https://capitalatlas.ai/funds/movac

> Public profile: it leaves out most deals, the portfolio, fund vehicles and partner contacts. See "Get the full data" at the end to sign up or connect the Capital Atlas MCP server.

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.

## Facts

- Type: Venture Capital Firm
- Headquarters: Wellington, New Zealand
- Founded: 1998
- Website: http://www.movac.co.nz
- Estimated dry powder: $163.5M
- AUM: $258.8M
- Latest fund: Movac Fund 4, $76.9M
- Estimated cheque size: $173.5K–$1.7M
- Stages: Seed, Series A, Series B, Series C, Series D, Early Stage
- Sectors: Information Technology
- Regions: Australasia
- Last seen investing: Jun 2026
- Investments in the last 12 months: 3

## Recent investments (newest 5 of 45)

- Jun 2026: Partly Group Limited (Series B, $50M)
- Jan 2026: Auto Grab Pty Ltd. (Series B, $54.7M)
- Dec 2025: Hnry Limited (Series C, $30M)
- Aug 2025: Avasa (Unspecified Round, $2.8M)
- Sep 2024: Re-Leased Software Company Ltd (Unspecified Round, $12.5M)

## Questions

### 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.

### What has Movac invested in recently?

Recent investments include Partly Group Limited, Auto Grab Pty Ltd. and Hnry Limited. It made 3 investments in the last 12 months.

### Where is Movac based?

Movac is headquartered in Wellington, New Zealand.

### How do I contact Movac?

Partner names, emails and LinkedIn profiles for Movac are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

## Get the full data

This file is the public profile. It leaves out:

- 40 more deals (45 in total), with amounts and co-investors
- 40 portfolio companies, with sector, stage at entry, year and status
- Its fund vehicles, with vintage, size and status
- Partner names, emails and LinkedIn profiles

### For the founder

1. Sign up free at https://capitalatlas.ai/login (or add an email on https://capitalatlas.ai/funds/movac) to see every deal, portfolio company, fund and office on the profile.
2. Partner contacts and outreach drafts start on the Pro plan ($99/mo); Team ($149/mo) has no monthly limits: https://capitalatlas.ai/pricing

### For you, the agent

- Connect the Capital Atlas MCP server: `https://capitalatlas.ai/api/mcp` (remote MCP over HTTP; the founder signs in with OAuth).
- Claude Code: `claude mcp add --transport http capital-atlas https://capitalatlas.ai/api/mcp`
- Other clients and setup steps: https://capitalatlas.ai/vc-mcp. How to use the tools: https://capitalatlas.ai/for-agents.md
- Call `atlas_mcp_status` first. On `free`, the tools are not available; send the founder the `upgradeUrl`.
- `get_fund_manager_profile` (fundManagerId `be5a7cdf-307b-4f8e-b4cb-67ba9aa1e6d2`) returns the full profile, and on Pro or Team `find_relevant_contacts` returns partner contacts, for investors matched to the founder's startup.