Elevate NZ Venture Fund
Open continuously
No deadline — apply whenever you are ready.
A NZ$300 million fund-of-funds investing into New Zealand venture capital funds rather than directly into startups, to increase the supply of Series A and B capital. Startups access it indirectly by raising from an Elevate-backed VC.
NZ Growth Capital Partners (NZGCP)
public · national
Deadline: rolling — Fund managers approach NZGCP for cornerstone commitments. Startups do not apply directly.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Stage: series_a, growth
- Locally registered entity required
Startups benefit indirectly. Elevate's direct counterparties are venture capital fund managers investing in New Zealand companies.
How to apply
- For startups: identify and pitch to VC funds that have received Elevate commitments.
- For fund managers: approach NZGCP with the fund proposition.
- NZGCP due diligence and investment committee.
- Cornerstone commitment to the fund.
What you will need
- Fund private placement memorandum (for managers)
- Standard VC diligence materials (for startups pitching Elevate-backed funds)
Source. https://www.nzgcp.co.nz/elevate/ — checked 2026-08-14 · not human-checked
"The Elevate NZ Venture Fund invests into venture capital funds to increase capital available to New Zealand companies."