The Icehouse

Established in 2001, The Icehouse is a not-for-profit organization based in Auckland, New Zealand. It supports small and medium-sized enterprise owners and entrepreneurs by providing growth assistance. Backed by the New Zealand government, it focuses on helping Kiwi founders build global companies.

Stephanie Benseman

Principal

Mason Bleakley

Principal

Tom Furlong JD

Venture Partner

Bex Gidall

Associate

Lane Litz

Venture Partner

Past deals in GreenTech

BioLumic

Series B in 2025
BioLumic harnesses light signals to enhance plant growth and unlock crops' natural genetic potential. Its photogenics platform improves yield, vigor, disease resistance, and crop composition across various seeds and seedlings, without the use of chemicals or amendments.

Marama Labs

Seed Round in 2024
Founded in 2019, Marama Labs develops and markets a novel UV-Vis spectroscopy technology for scientific-analytical instrumentation. Its instrument measures absorption, extinction, and scattering spectra of clear and turbid liquids, helping customers maintain sample integrity, reduce preparation steps, and improve measurement turnaround time.

Mushroom Material

Seed Round in 2024
Mushroom Material develops sustainable packaging solutions using mushroom roots as the primary material. Their products mimic the protective properties of polystyrene but are biodegradable, customizable, fire-resistant, waterproof, and have a limitless sustainable supply.

Vertus Energy

Seed Round in 2024
Vertus Energy is a climate tech startup focused on accelerating the global transition to green energy. The company specializes in developing advanced technologies for producing biofuel from waste materials. Their BRIO™ technology significantly enhances the efficiency of this process, generating 60% more energy from the same amount of waste compared to traditional methods. Additionally, it processes three times the volume of waste than other systems available on the market. Vertus Energy's approach involves using anaerobic digesters and carbon sequestration and conversion technologies to transform pollutant waste into usable energy, making it a key player in efforts to de-fossilize heavy industries and combat climate change.

Miruku

Seed Round in 2024
Miruku is a startup developing animal-free milk proteins using plant technologies. It aims to produce these proteins cost-effectively and sustainably, potentially revolutionizing the dairy industry.

Marama Labs

Seed Round in 2024
Founded in 2019, Marama Labs develops and markets a novel UV-Vis spectroscopy technology for scientific-analytical instrumentation. Its instrument measures absorption, extinction, and scattering spectra of clear and turbid liquids, helping customers maintain sample integrity, reduce preparation steps, and improve measurement turnaround time.

Aspiring Materials

Venture Round in 2023
Aspiring Materials develops carbon capture technology that extracts mineral products from silicate rocks using magnesium hydroxide. This process generates a powdery material capable of removing and solidifying carbon dioxide at emission sources, such as industrial exhaust systems.

Vortex Power Systems

Venture Round in 2023
Vortex Power Systems Limited is a New Zealand-based company, founded in 2017, that specializes in innovative energy technology aimed at enhancing power generation efficiencies. The company has developed a proprietary system for capturing and converting low-grade waste heat from existing thermal power stations into electricity. This technology operates by creating and controlling a vortex in the atmosphere, generating winds that drive a power generation turbine. By utilizing waste heat energy from cooling water streams in thermal processes, Vortex Power Systems provides a zero-carbon solution that supports the energy industry's transition towards cleaner energy production and addresses concerns related to global warming and carbon emissions.

Daisy Lab

Seed Round in 2023
Daisy Lab is a New Zealand-based company developing precision fermentation to produce dairy-identical proteins without cows. Its approach uses microbes to replace traditional dairy production, aiming to reduce greenhouse gas emissions and lessen land and water use while maintaining animal-friendly practices. By harnessing local dairy ecosystem expertise, the company seeks to create dairy proteins that support sustainability, climate change mitigation, and food security.

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.

BioLumic

Series B in 2022
BioLumic harnesses light signals to enhance plant growth and unlock crops' natural genetic potential. Its photogenics platform improves yield, vigor, disease resistance, and crop composition across various seeds and seedlings, without the use of chemicals or amendments.

Foundry Lab

Series A in 2021
Foundry Lab is a digital metal casting company that specializes in innovative microwave casting technology, allowing for same-day turnaround of metal castings. The company has developed a software tool that automatically generates dense metal parts from computer-aided design files, ensuring that these parts maintain the same physical properties as traditionally cast metal. This technology provides a push-button, hands-free manufacturing process, enabling manufacturers to produce on-demand, high-quality metal components with significantly reduced costs, time, and environmental impact compared to conventional foundry methods.

Vertus Energy

Pre Seed Round in 2021
Vertus Energy is a climate tech startup focused on accelerating the global transition to green energy. The company specializes in developing advanced technologies for producing biofuel from waste materials. Their BRIO™ technology significantly enhances the efficiency of this process, generating 60% more energy from the same amount of waste compared to traditional methods. Additionally, it processes three times the volume of waste than other systems available on the market. Vertus Energy's approach involves using anaerobic digesters and carbon sequestration and conversion technologies to transform pollutant waste into usable energy, making it a key player in efforts to de-fossilize heavy industries and combat climate change.

EnergyBank

Seed Round in 2021
EnergyBank is a company focused on advancing energy storage technology to support the decarbonization of society. It specializes in developing innovative solutions for the offshore wind market, utilizing a unique method that involves moving large masses between the ocean floor and the surface. This approach allows for efficient energy storage, significantly enhancing the economic viability of renewable energy sources. By leveraging this technology, EnergyBank aims to contribute to a more sustainable energy landscape.

Aspiring Materials

Seed Round in 2021
Aspiring Materials develops carbon capture technology that extracts mineral products from silicate rocks using magnesium hydroxide. This process generates a powdery material capable of removing and solidifying carbon dioxide at emission sources, such as industrial exhaust systems.

Dawn Aerospace

Venture Round in 2021
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.

Mushroom Material

Pre Seed Round in 2020
Mushroom Material develops sustainable packaging solutions using mushroom roots as the primary material. Their products mimic the protective properties of polystyrene but are biodegradable, customizable, fire-resistant, waterproof, and have a limitless sustainable supply.

Carbon Click

Seed Round in 2020
Carbon Click is a carbon offsetting platform designed to help businesses mitigate their environmental impact by offering carbon offsets to customers. The platform eliminates the need for businesses to develop their own offsetting programs by providing a comprehensive solution that includes a roster of fully audited carbon offsetting partners. Additionally, Carbon Click features an impact dashboard that allows users to track and share the carbon reductions achieved through their purchases. This approach not only enables companies to neutralize their carbon footprint but also encourages customer engagement in climate action.

Dawn Aerospace

Seed Round in 2018
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.

BioLumic

Seed Round in 2016
BioLumic harnesses light signals to enhance plant growth and unlock crops' natural genetic potential. Its photogenics platform improves yield, vigor, disease resistance, and crop composition across various seeds and seedlings, without the use of chemicals or amendments.

Hot Lime Labs

Hot Lime Labs develops carbon dioxide capture technology for commercial greenhouses. It produces sustainable CO2 from waste wood and other waste organic material, recovering clean CO2 from the combustion process for use in greenhouses to improve crop yields and support higher food production while reducing environmental impact by using renewable waste streams.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.