GD1

GD1 is a New Zealand‑based venture capital firm that invests in early‑stage companies with global ambitions. It offers capital, operational expertise, and access to an international network to help founders scale beyond their local markets.
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John Kells

Co-Managing Partner

Vignesh Kumar

Co-Managing Partner

Past deals in New Zealand

Auror

Series C in 2024
Auror Limited is a crime prevention technology company that offers a platform designed to enhance incident reporting for businesses and law enforcement agencies. The platform allows for the electronic reporting of various incidents, including shoplifting and fraud, and consolidates information and evidence in a single location. This capability enables law enforcement to identify crime trends, connect patterns related to repeat offenders and organized crime, and respond to real-time intelligence to improve crime prevention strategies. Auror’s solution also provides real-time alerts to store managers and security personnel, facilitating informed decision-making and maximizing the return on investment for security measures. Founded in 2012 and based in Auckland, New Zealand, Auror has expanded its presence with offices in Denver and Melbourne to support a growing global retail clientele. The company was previously known as Eyedentify Limited until its rebranding in 2015.

VXT

Seed Round in 2024
VXT Limited, established in 2018 and headquartered in Christchurch, New Zealand, specializes in developing voice message management tools for businesses. The company offers a suite of services including email forwarding, smart voicemail greetings, and enhanced security features. VXT's platform enables users to make phone calls, host video calls, engage in internal team chats, and utilizes AI tools to convert voicemails into text messages, streamlining communication processes for industries such as recruitment and legal sectors by automating tasks like message prioritization.

Formus

Convertible Note in 2023
Formus is a technology company focused on enhancing personalized orthopedics through advanced AI and computational biomechanics. Founded on two decades of research at the Auckland Bioengineering Institute, the company has developed a 3D pre-operative planning platform that is cleared by regulatory agencies in key markets. This technology has been utilized in over 3,000 hip replacement surgeries across more than 25 medical facilities in Australia, New Zealand, Japan, and the United States. Formus's platform utilizes an interactive, AI-driven system to customize workflows for orthopedic procedures, allowing for precise selection and placement of implants tailored to individual patients. By collaborating with implant manufacturers and integrating with existing industry workflows, Formus aims to improve surgical outcomes while enhancing efficiency and scalability in orthopedic practices.

Dawn Aerospace

Series A in 2022
Dawn Aerospace designs and manufactures reusable spacecraft and launch systems to enable frequent, sustainable access to space. The company develops same-day reusable launch vehicles that can operate with ordinary airspace and aircraft, without specialized space-launch infrastructure, and non-toxic, storable propulsion systems for satellites of all sizes, including CubeSats, offering higher performance while reducing reliance on toxic fuels. Dawn aims to provide end-to-end space transportation capabilities for deployment, positioning and return of spacecraft in a scalable, environmentally conscious manner. Founded in 2016, Dawn is based in New Zealand and the Netherlands, with research, manufacturing and testing facilities in Auckland and Delft.

Zenno Astronautics

Seed Round in 2022
Founded in 2017, Zenno Astronautics specializes in developing and manufacturing propulsion systems for small satellites. Its flagship product, Z01, utilizes superconducting technologies to meet demanding satellite positioning requirements, enabling efficient mission management and maximizing commercial returns.

VXT

Pre Seed Round in 2022
VXT Limited, established in 2018 and headquartered in Christchurch, New Zealand, specializes in developing voice message management tools for businesses. The company offers a suite of services including email forwarding, smart voicemail greetings, and enhanced security features. VXT's platform enables users to make phone calls, host video calls, engage in internal team chats, and utilizes AI tools to convert voicemails into text messages, streamlining communication processes for industries such as recruitment and legal sectors by automating tasks like message prioritization.

Formus

Seed Round in 2022
Formus is a technology company focused on enhancing personalized orthopedics through advanced AI and computational biomechanics. Founded on two decades of research at the Auckland Bioengineering Institute, the company has developed a 3D pre-operative planning platform that is cleared by regulatory agencies in key markets. This technology has been utilized in over 3,000 hip replacement surgeries across more than 25 medical facilities in Australia, New Zealand, Japan, and the United States. Formus's platform utilizes an interactive, AI-driven system to customize workflows for orthopedic procedures, allowing for precise selection and placement of implants tailored to individual patients. By collaborating with implant manufacturers and integrating with existing industry workflows, Formus aims to improve surgical outcomes while enhancing efficiency and scalability in orthopedic practices.

Runn

Seed Round in 2021
Founded in 2018, Runn specializes in Software-as-a-Service resource planning and forecasting software. Its platform enables project managers to efficiently plan, track, and forecast staffing capacity and capability, optimizing workloads and avoiding bottlenecks.

Auror

Series B in 2021
Auror Limited is a crime prevention technology company that offers a platform designed to enhance incident reporting for businesses and law enforcement agencies. The platform allows for the electronic reporting of various incidents, including shoplifting and fraud, and consolidates information and evidence in a single location. This capability enables law enforcement to identify crime trends, connect patterns related to repeat offenders and organized crime, and respond to real-time intelligence to improve crime prevention strategies. Auror’s solution also provides real-time alerts to store managers and security personnel, facilitating informed decision-making and maximizing the return on investment for security measures. Founded in 2012 and based in Auckland, New Zealand, Auror has expanded its presence with offices in Denver and Melbourne to support a growing global retail clientele. The company was previously known as Eyedentify Limited until its rebranding in 2015.

Ubco

Series B in 2021
Ubco is a New Zealand-based company that designs, develops, and manufactures utility electric vehicles and portable power solutions for on- and off-road use. It offers dual electric-drive off-road motorbikes and a range of utility electric vehicles and portable power products for agricultural, commercial, and recreational applications. Ubco serves customers through a network of dealers and representatives in New Zealand and Australia and also sells online. Founded in 2015 and headquartered in Tauranga, Ubco provides a digitally connected utility electric vehicle platform that combines transport, portable power, accessories, and software, enabling farmers, conservationists, tourism operators, and delivery fleets to monitor performance and manage workflows from a single system.

Ubco

Venture Round in 2021
Ubco is a New Zealand-based company that designs, develops, and manufactures utility electric vehicles and portable power solutions for on- and off-road use. It offers dual electric-drive off-road motorbikes and a range of utility electric vehicles and portable power products for agricultural, commercial, and recreational applications. Ubco serves customers through a network of dealers and representatives in New Zealand and Australia and also sells online. Founded in 2015 and headquartered in Tauranga, Ubco provides a digitally connected utility electric vehicle platform that combines transport, portable power, accessories, and software, enabling farmers, conservationists, tourism operators, and delivery fleets to monitor performance and manage workflows from a single system.

Vesper Marine

Series B in 2020
Vesper Marine Ltd. is a manufacturer of marine safety products specializing in the automatic identification system (AIS) for the marine electronics industry. The company, incorporated in 2007 and based in Auckland, New Zealand, develops a variety of communication solutions for both recreational and commercial vessels. Its product offerings include WatchMate transponders, receivers, displays, GPS sensors, and AIS/VHF antenna splitters, as well as the advanced Cortex system, which integrates a VHF radio with smartAIS transponder technology for enhanced vessel monitoring. Vesper Marine's smartAIS transponders feature built-in alarms to notify mariners of potential collisions, dragging anchors, or man overboard situations. The company's products are distributed through a global network of partners across various countries, including Australia, the United States, and several European nations, catering to a diverse clientele that ranges from sailing and power boats to workboats and charter services.

Mish Guru

Series A in 2018
Mish Guru is a social media marketing software company based in Auckland, New Zealand, founded in 2014. It offers a web-based platform that enables brands, agencies, and artists to manage and optimize content on Snapchat and Instagram Stories, including posting, tracking, and audience engagement. The platform also rebroadcasts crowd-sourced snaps during campaigns or live events to boost follower interaction. It curates high-performing audience content to drive follower growth, increase engagement, and refine future strategies, helping marketers save time, enhance brand presence, and reduce customer acquisition costs. By automating content management and optimizing storytelling across major social channels, Mish Guru aims to scale a brand's content team and accelerate the effectiveness of social media programs.

Vesper Marine

Series A in 2016
Vesper Marine Ltd. is a manufacturer of marine safety products specializing in the automatic identification system (AIS) for the marine electronics industry. The company, incorporated in 2007 and based in Auckland, New Zealand, develops a variety of communication solutions for both recreational and commercial vessels. Its product offerings include WatchMate transponders, receivers, displays, GPS sensors, and AIS/VHF antenna splitters, as well as the advanced Cortex system, which integrates a VHF radio with smartAIS transponder technology for enhanced vessel monitoring. Vesper Marine's smartAIS transponders feature built-in alarms to notify mariners of potential collisions, dragging anchors, or man overboard situations. The company's products are distributed through a global network of partners across various countries, including Australia, the United States, and several European nations, catering to a diverse clientele that ranges from sailing and power boats to workboats and charter services.

Spotlight Reporting

Series A in 2016
Founded in 2003, Spotlight Reporting is a global provider of cloud-based business intelligence tools for accountants, advisors, and CFOs. The company offers integrated solutions including Spotlight Reporting for performance analysis, Spotlight Dashboard for resilience reporting, Spotlight Forecasting for predictive analytics, and Spotlight Multi for consolidated views across multi-entity organizations.
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