Fundraising Fox

Altered Capital

Venture capital

Auckland · Series A–Late Stage · 12 people tracked

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Investment thesis

Altered Capital positions itself around 'positive sum thinking' and reasoning from first principles, aiming to unlock potential and back global pioneers. The firm emphasizes commitment beyond capital to the founders and companies it supports.

Source: firm website, verified Aug 3, 2026.

Stage
Series A–Late Stage
HQ
Auckland, NZ
Leads rounds
Leads
Instruments
Equity
Founded
2022
Last 12 months
1 investment
AUM
$350M
Tracked investments
1

Team · 12 people

from the firm's website & public directories
Craig Mawdsley· Founding Partnerin
Sam Rapson· Partnerin
Nick Hallwright· Investment Directorin
Heath Milne· Investment Managerin
Joshua Commons· Investment Analystin

What they invest in

from 1 of 1 portfolio companies

AI & Machine Learning ×1Logistics & Supply Chain ×1SaaS ×1

HQs:Canada×1

Investments · 1 tracked

founders shown can be your intro path
Starboardstarboard.bizinSep 2025

Starboard offers an AI agent that automates the freight quoting workflow for freight forwarders, reading RFQs, sourcing carrier rates, applying margins, and generating quotes.

AI & Machine LearningLogistics & Supply ChainSaaSToronto, CA

Sumeet T(Founder)

Co-investorsFlair VenturesGaruda VenturesEclipseIcehouse VenturesKing River CapitalOIF Ventures

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Altered Capital invest at?
Altered Capital invests at the Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Altered Capital focus on?
Altered Capital focuses on EdTech, Fintech, Healthtech, SaaS, Sector Agnostic.
Where is Altered Capital located?
Altered Capital is headquartered in Auckland, NZ.
Does Altered Capital lead rounds?
Yes, Altered Capital leads investment rounds.

Images

Altered Capital photo

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