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Latest news with #Crown-backed


NZ Herald
26-05-2025
- Business
- NZ Herald
Sir Peter Beck's Outset Ventures has raised another $45m to invest in start-ups
Outset Ventures – which numbers Sir Peter Beck on its investment committee – has raised $45.5 million for its second venture capital fund, including $15m chipped in from the Crown-backed Elevate funds. The sum is well ahead of the initial 'Fund II' target of $30m and a big jump on


NZ Herald
13-05-2025
- Business
- NZ Herald
Tech Insider: Nicola Willis offers some venture capital sugar, five go tech in Queenstown, NetComm NZ falls over
Movac general partner Mark Vivian says the Government's fresh support for Elevate "is a sensible and pragmatic approach". Elevate gets an unexpected elevation. Technology Queenstown adds big names to boost its $1 billion push. NetComm NZ hits the wall. A Crown-backed venture capital fund has received a top-up. It's not nearly as much as some say is needed, but it's a step up from the general Budget 2025