![]() GD1 Fund II is currently open for investment until final close later this year. GD1 is occupying a niche in between where the angel market invests and where other VC funds target slightly larger investments.” NZVIF Investment Director Aaron Tregaskis said: “Venture capital investment is at healthy levels but we always need new funds coming into the market to continue and build on the momentum which has been achieved. ![]() ![]() Co-founded by Justin Wright and serial entrepreneur Miles Valentine (founder of Zeacom), Qotient has offices and customers in Auckland, Sydney and San Francisco. The Fund has made its first investment in sales automation SaaS startup Qotient. ![]() We are typically investing into companies which already have revenues of US$1-3 million, customers in offshore markets, and a clear global competitive advantage,” GD1’s Chintaka Ranatunga said. “Investors are showing faith in our proposition, which is to target early-stage software companies needing investment of between US$500,000 and US$2.5 million at the pre-Series A and Series A stages. GD1 Fund II is a cross-border technology-focused fund with the majority of capital to be invested in New Zealand and Taiwanese startups with a focus on the US and Asian markets. The firm prefers to invest in the information technology. New Zealand investors include Stephen Tindall’s K1W1, Diligent Founder Brian Henry, and a range of private investors with technology and finance backgrounds. Founded in 2001, Sparkbox Ventures is a venture capital firm based in Auckland, New Zealand. The remainder came from Sparkbox, the Fund’s management team and private investors in New Zealand, Taiwan, Australia, Singapore, Hong Kong, and the US, it said in a statement. New Zealand Venture Investment Fund (NZVIF) and its Taiwan counterpart National Development Fund committed around NZ$11 million (US$7.5 million) each towards this. Global from Day One (GD1), a VC fund launched by Auckland-based Sparkbox Ventures and Taipei-based VC firm Pinehurst Advisors, has raised NZ$38 million (US$26 million) towards its second fund. This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website.GD1 Fund II is a cross-border technology fund targeting startups in New Zealand and Taiwan with a focus on the US and Asian markets YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. Cookieįacebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin.Ī cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface. These cookies track visitors across websites and collect information to provide customized ads. Read moreĪdvertisement cookies are used to provide visitors with relevant ads and marketing campaigns. We also calculated 2 valuable employees in our database. The fund is constantly included in 2-6 deals per year. The usual things for fund are deals in the range of 1 - 5 millions dollars. Opposing the other organizations, this Sparkbox Ventures works on 25 percentage points less the average amount of lead investments. The typical startup value when the investment from Sparkbox Ventures is 5-10 millions dollars. The real fund results show that this VC is 12 percentage points less often commits exit comparing to other companies. We also support our companies with the tools, networks, technical assistance and strategic guidance needed to succeed and scale into long-term solutions to poverty. In the next rounds fund is usually obtained by Reinventure Group, Y Combinator, Valar Ventures. WHAT WE DO Pioneer Investments We invest in early-stage companies whose products and services enable the poor to transform their lives. The meaningful sponsors for the fund in investment in the same round are Global from Day One, Valar Ventures, Chintaka Ranatunga. Despite the Sparkbox Ventures, startups are often financed by New Zealand Venture Investment Fund, Valar Ventures, Global from Day One. The standard case for the fund is to invest in rounds with 2-3 partakers. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight Booktrack, Kami, Footfalls & Heartbeats. The venture was found in Australia.Īmong the most successful fund investment fields, there are EdTech, Artificial Intelligence. The leading representative office of defined VC is situated in the Auckland. Sparkbox Ventures is the famous VC, which was founded in 2001.
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