New Zealand Growth Capital Partners is a venture capital firm established in 2002, with offices in Auckland and Wellington. The firm focuses on supporting early-stage and seed-stage technology companies in New Zealand, aiming to stimulate private investment in this sector. It primarily invests in small to medium-sized enterprises and is particularly interested in various technology-related fields, including financial services, information technology, big data, the Internet of Things, mobile applications, software as a service, artificial intelligence, and machine learning. New Zealand Growth Capital Partners typically invests up to $1.5 million in each portfolio company, emphasizing direct investments as well as participation in fund of funds.
Marama Labs Limited, founded in 2019 and based in Wellington, New Zealand, specializes in developing and marketing advanced UV-Vis spectroscopy technology. This innovative instrument allows users to identify and measure the characteristics of turbid samples by utilizing the spectral properties of light. The technology eliminates the need for extensive pre-testing processing and filtering steps, streamlining the analysis of both clear and turbid liquids. By offering an ultra-violet and visible spectrophotometer, Marama Labs enhances measurement efficiency, allowing customers to maintain sample integrity while reducing preparation time and improving overall measurement turnaround.
Zenno Astronautics
Seed Round in 2024
Zenno Astronautics Limited, based in Auckland, New Zealand, specializes in the development and manufacture of propulsion systems and software for small satellites and space exploration. Founded in 2017, the company offers innovative products such as Drive, a system designed for mission licensing and management of satellite propulsion. Zenno Astronautics also focuses on superconducting technologies, exemplified by its Z01 product, which addresses the positioning needs of satellites weighing 50 kg and larger, including those used in space station operations. By enhancing satellite maneuverability and mission management, the company aims to maximize the economic potential of satellite operations while promoting sustainable practices in space exploration.
Auror
Series C in 2024
Auror Limited offers a crime prevention platform that assists businesses and law enforcement in reporting incidents electronically. Their solution consolidates information about alleged offenders, enabling law enforcement to identify crime trends, recognize repeat offenders, and respond to real-time intelligence to enhance crime prevention efforts. The platform is customizable for various in-store incidents, such as shoplifting and fraud, and provides alerts to managers and security personnel about high-risk individuals. By facilitating collaboration with law enforcement and promoting community partnerships, Auror aims to reduce crime effectively. Founded in 2012 and headquartered in Auckland, New Zealand, Auror also has offices in Denver and Melbourne to support its retail clientele, which includes major global retailers. The company was previously known as Eyedentify Limited before rebranding in 2015.
Marama Labs
Seed Round in 2024
Marama Labs Limited, founded in 2019 and based in Wellington, New Zealand, specializes in developing and marketing advanced UV-Vis spectroscopy technology. This innovative instrument allows users to identify and measure the characteristics of turbid samples by utilizing the spectral properties of light. The technology eliminates the need for extensive pre-testing processing and filtering steps, streamlining the analysis of both clear and turbid liquids. By offering an ultra-violet and visible spectrophotometer, Marama Labs enhances measurement efficiency, allowing customers to maintain sample integrity while reducing preparation time and improving overall measurement turnaround.
Zenno Astronautics
Seed Round in 2022
Zenno Astronautics Limited, based in Auckland, New Zealand, specializes in the development and manufacture of propulsion systems and software for small satellites and space exploration. Founded in 2017, the company offers innovative products such as Drive, a system designed for mission licensing and management of satellite propulsion. Zenno Astronautics also focuses on superconducting technologies, exemplified by its Z01 product, which addresses the positioning needs of satellites weighing 50 kg and larger, including those used in space station operations. By enhancing satellite maneuverability and mission management, the company aims to maximize the economic potential of satellite operations while promoting sustainable practices in space exploration.
Tectonus
Venture Round in 2022
Tectonus Limited is an Auckland-based company that specializes in the manufacture of earthquake-resilient structural joints and connectors. Founded in 2016, Tectonus develops innovative seismic technology aimed at reducing the impact of earthquakes on buildings. Its product line includes various connectors, such as the RSFJ-Tbrace, RSFJ-Brace, RSFJ-Shearwall, and RSFJ-MRF, which are designed for use in both new construction and retrofitting projects. These self-centering seismic connections enhance the safety and durability of structures by effectively resisting earthquake forces and minimizing damage during seismic events and aftershocks. Tectonus's solutions cater to construction companies looking to improve building resilience and reduce risks associated with earthquakes.
Runn
Seed Round in 2021
Runn, based in Wellington, New Zealand, specializes in Software-as-a-Service resource planning and forecasting solutions tailored for project-based businesses. Founded in 2018, Runn's platform enables project managers to effectively plan, track, and forecast staffing capacities and capabilities. Its cloud-based software offers features such as capacity planning, resourcing, project management, and financial forecasting, along with tools for scenario planning that help users assess the impact of new work on resources and financial outcomes. Runn's solutions facilitate a comprehensive view of ongoing projects and team member allocations, allowing managers to identify overbooking and resolve resource conflicts. By optimizing workloads and improving visibility across projects, Runn aims to enhance operational efficiency and support timely project delivery.
CertusBio
Funding Round in 2021
CertusBio Limited specializes in developing biosensor monitoring technologies aimed at enhancing industrial and environmental monitoring. Founded in 2015 and headquartered in Christchurch, New Zealand, the company offers solutions for real-time data access across various process industries, including food, chemicals, pharmaceuticals, and biotechnology. Its biosensor technology is particularly beneficial for dairy processors, enabling them to monitor critical parameters such as lactose, proteins, and bacteria continuously. This capability allows for data-driven decision-making that improves operational efficiency, minimizes product losses, and reduces wastewater treatment costs. Additionally, CertusBio's technologies are applicable in sectors like wastewater treatment and agriculture, making them versatile tools for promoting sustainability and efficiency in industrial processes.
VidApp
Venture Round in 2021
VidApp Ltd specializes in publishing video content through mobile applications, enabling businesses to convert DVDs into user-friendly apps for platforms such as iPhone, Android, Apple TV, and Roku. Founded in 2013 and headquartered in Auckland, New Zealand, VidApp provides a self-service solution that integrates seamlessly with clients' web platforms. This technology allows clients to easily scale their offerings by publishing online courses and subscription services as native applications. By empowering businesses with innovative video streaming capabilities, VidApp aims to motivate and connect audiences effectively.
Marama Labs
Seed Round in 2021
Marama Labs Limited, founded in 2019 and based in Wellington, New Zealand, specializes in developing and marketing advanced UV-Vis spectroscopy technology. This innovative instrument allows users to identify and measure the characteristics of turbid samples by utilizing the spectral properties of light. The technology eliminates the need for extensive pre-testing processing and filtering steps, streamlining the analysis of both clear and turbid liquids. By offering an ultra-violet and visible spectrophotometer, Marama Labs enhances measurement efficiency, allowing customers to maintain sample integrity while reducing preparation time and improving overall measurement turnaround.
LawVu
Seed Round in 2021
LawVu Ltd is a software development company based in Tauranga, New Zealand, that specializes in providing solutions for in-house legal departments. Established in 2015, the company offers a comprehensive application designed to streamline various legal operations, including matter management, contract management, and outside counsel management. LawVu's platform allows legal teams to triage new issues, manage contracts, and oversee the quality of instructions sent to external legal providers. The software facilitates automation of contracts, lifecycle management, and integration with other systems, enabling users to gain visibility over their legal work and improve productivity. By centralizing legal operations, LawVu empowers in-house lawyers to demonstrate the value of their work and achieve better business outcomes.
InsituGen
Seed Round in 2020
InsituGen Ltd specializes in hormone testing to detect anabolic drugs in biological samples from racehorses and supplements intended for athletes and racehorses. Founded in 2017 and based in New Zealand, the company operates as a subsidiary of University of Otago Holdings Limited. InsituGen employs unique cell-free bioassays that replicate natural biological signaling pathways of estrogen and androgen receptors, allowing it to detect both known and unknown compounds that may interfere with these steroid hormone receptors. This testing platform is designed to enhance screening for anabolic drugs, including designer substances, and supports various applications, including antidoping efforts, companion animal wellness, and monitoring endocrine-disrupting compounds in water supplies. InsituGen’s services are characterized by their simplicity, cost-effectiveness, adaptability, speed, sensitivity, and accuracy, positioning the company as a leader in the field of hormone detection.
Tectonus
Seed Round in 2020
Tectonus Limited is an Auckland-based company that specializes in the manufacture of earthquake-resilient structural joints and connectors. Founded in 2016, Tectonus develops innovative seismic technology aimed at reducing the impact of earthquakes on buildings. Its product line includes various connectors, such as the RSFJ-Tbrace, RSFJ-Brace, RSFJ-Shearwall, and RSFJ-MRF, which are designed for use in both new construction and retrofitting projects. These self-centering seismic connections enhance the safety and durability of structures by effectively resisting earthquake forces and minimizing damage during seismic events and aftershocks. Tectonus's solutions cater to construction companies looking to improve building resilience and reduce risks associated with earthquakes.
Formus
Pre Seed Round in 2019
Formus specializes in personalized orthopedics by leveraging artificial intelligence and computational biomechanics to enhance pre-operative planning for joint replacement surgeries. With a foundation in two decades of musculoskeletal research, the company has developed a 3D planning platform that is FDA, PMDA, and TGA cleared, successfully planning over 3,000 hip replacement surgeries across more than 25 locations in Australia, New Zealand, Japan, and the United States. By collaborating with implant manufacturers, Formus integrates its technology into existing medical workflows, aiming to reduce costs while improving the reliability and scalability of orthopedic procedures. Its innovative approach allows surgeons to tailor surgical plans to the individual needs of patients, ultimately enhancing surgical outcomes and advancing the field of orthopedics.
Parkable
Parkable is a parking management platform based in Auckland, New Zealand, founded in 2014. The company offers a mobile application that allows users to find, reserve, and pay for parking spaces, including those in residential properties. Parkable enables property owners to rent out their parking spaces for an hourly rate and collects a percentage of the earnings as a service fee. The platform also provides tools for businesses and administrators to manage parking across multiple locations, offering features such as electric vehicle charger management, gate access, automatic number plate recognition, visitor parking, and occupancy tracking. By improving parking experiences and increasing occupancy rates, Parkable helps reduce administrative burdens and generate additional revenue for its clients.
Farrago
Farrago Limited, founded in 2018 and based in Wellington, New Zealand, develops an artificial intelligence platform that employs machine-learning algorithms to enhance data management. The platform focuses on identifying and eliminating duplicate records from databases, facilitating more accurate data analysis and predictive modeling. By enabling users to resolve complex data issues efficiently, Farrago supports stakeholders in making informed business decisions. The company is dedicated to improving productivity for back-office teams by providing advanced AI tools that streamline their operations.
PowerON
PowerON Ltd. specializes in the development and manufacturing of devices utilizing dielectric elastomer (DE) switch technology. Founded in 2019 and headquartered in Auckland, New Zealand, with an additional facility in Dresden, Germany, the company produces a range of electromechanical and semiconductor products, including customizable switches, actuators, signal processors, sensors, and logic devices. PowerON's innovative components are designed for applications in soft robotics, human-machine interfaces, and automation, offering advantages in size, weight, and durability under harsh environmental conditions. Their technology allows for the creation of multifunctional sensors and actuators that replace complex and heavy electromagnetic systems with more efficient single-component solutions.
Avertana
Avertana Limited is a company based in Auckland, New Zealand, that specializes in converting industrial waste into valuable mineral and chemical raw materials. Founded in 2012, it employs proprietary process technology to refine solid waste streams, producing essential products such as titanium dioxide for paints, alum for water purification, gypsum for construction materials, and Epsom salts for various applications. Avertana serves multiple industries, including industrial, agricultural, municipal water, consumer goods, mining, and chemical processing. The company emphasizes sustainability by offering a cost-competitive alternative to traditional manufacturing methods, significantly reducing environmental impact by minimizing waste and carbon emissions. Through its innovative approach, Avertana supports customers in building more sustainable supply chains while addressing the needs of a growing global market.
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