New investment fund to bridge money gap for startups
Three of the country’s leading investment groups have joined forces with The Icehouse to create a new funding vehicle for early-stage high growth companies.
The new partners include investment banking firm FNZC, Sir Stephen Tindall’s investment company K1W1 and KiwiSaver provider Simplicity.
Between them they have committed $3 million to help establish Icehouse Ventures, which will take over the previous startup activities of the Icehouse incubator as part of a restructure.