Even Capital
Venture capitalSeed–Growth
Find your way into Even Capital
Investment thesis
Even Capital exists to close the funding gap that disadvantages female founders, who receive a disproportionately small share of global venture capital despite strong performance. Describing itself as the only female-founded, female-funded and female-focused growth-stage venture fund in Aotearoa New Zealand, it applies a gender-lens investment approach that prioritizes companies with women in their founding teams. Its investments are guided by values grounded in equality and environmental, social and governance responsibility. The fund backs women-led businesses across sectors and geographies, primarily in New Zealand and Australia, supporting them through growth-stage financing.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 18 of 19 portfolio companiesAI & Machine Learning ×5Consumer ×5Enterprise Software ×4Healthtech ×4Fintech ×3FoodTech ×3Medical Devices ×3New Materials ×3
HQs:New Zealand×5Australia×2
Who they back
founder profiles across 13 portfolio companiesFounding team size:solo founder×82 founders×33 founders×2
Where their founders studiedfrom 10 founders with education data
Massey University - Te Kunenga ki Pūrehuroa ×3University of Melbourne ×2
What their founders studiedfrom 11 founders with field-of-study data
Economics ×3Finance & Accounting ×2Life Sciences ×2
Where their founders worked beforefrom 14 founders with career history
Bank of New Zealand ×2
Investments · 19 tracked
founders shown can be your intro pathBy year:2024 · 12023 · 23 dated
2X Global is a membership network and field-building organisation for institutions that finance and invest in women, offering investor capacity-building, gender-smart investing certification and standards, and market mobilisation efforts.
FintechImpact & Social Good
Oli is a wireless, wearable monitoring device designed for maternal and fetal health during labor and delivery that predicts complications like postpartum hemorrhage before they become emergencies.
AI & Machine LearningDigital HealthFemTechHealthtechMedical Devices
Co-investorsScale InvestorsAlberts Impact VenturesPacific Channel
Better Packaging makes sustainable and compostable shipping supplies, such as poly mailers, for eCommerce brands.
Circular EconomyE-commerceNew Materials
Becs Percasky(Co-Founder)
Co-investorsGandel Invest
Daisy Lab is a New Zealand company using precision fermentation to produce dairy products without cows, aiming to reduce the environmental impact of traditional dairy farming.
BiotechClimate TechDeep TechFoodTech
Irina MillerinNikki FreedinEmily McIsaacin
Co-investorsOutset VenturesIcehouse Ventures
Dennisson Technologies develops AURAFLEX, an advanced actuation technology that combines material science and photon physics for compact motion control applications.
Deep TechHardwareNew MaterialsRobotics
Anvil Serg Bañez(Founder)in
Co-investorsOutset Ventures
New Zealand's largest crypto exchange offering secure digital asset trading and services for global crypto markets
Janine Grainger(Founder)in
Co-investorsGD1Nuance CapitalNZVC
Femmi builds a running and health training program designed around female physiology, combining running coaches with women's health experts (endocrinologists, dietitians, physiotherapists, and sport psychologists).
FemTechSports TechWellness & Fitness
Esther Keown(Co-Founder)inLydia O'Donnell(Co-Founder & CEO)in
GoFIGR is an Australian workforce intelligence platform that helps organizations understand and respond to AI's impact on their workforce through AI impact assessments, internal talent marketplaces, and skills-based workforce planning.
AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSydney, AU
Helena Turpin(Founder)in
Co-investorsAntler
Heatseeker is a platform that combines synthetic personas built from first-party customer data with live in-market experiments to validate messaging, pricing, and go-to-market strategies.
AdTechAI & Machine LearningMarketing TechBundall, AU
Rutger Coolen(Founder)inKate O'Keeffe(CEO)in
Co-investorsEastend VenturesHearstLabTechstars
Multitudes collects and analyzes data about people across multiple continents, offering data insights while prioritizing ethics and user autonomy.
AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaS
Co-investorsBlackbird VenturesFlying Fox Ventures
Norish creates nutrient-dense organic whole-food products for children, emphasizing natural nutrition from real ingredients without synthetic additives.
ConsumerDirect to ConsumerFoodTechHealthtech
Gina Urlich(Founder, Clinical Nutritionist)
Orbis Diagnostics is developing a point-of-care diagnostics platform that produces blood test results from a single fingerstick of blood.
BiotechHealthtechMedical Devices
Co-investorsBooster Innovation FundNZ Growth Capital PartnersPacific ChannelBif
Orchestra is an end-to-end equity platform that enables companies to manage investor relationships and communications through a secure app where shareholders can track their investments and access company documents.
Enterprise SoftwareFintechSaaS
Alison Perkins(Founder & Client Success Director)in
Co-investorsAngel HQ
PAM is a mobile app that turns forwarded emails, screenshots, images, and voice notes into a shared smart family calendar with tasks, events, and reminders.
AI & Machine LearningConsumerWellness & Fitness
Nicole Retter(Founder)in
ReciMe is a mobile recipe organizer and meal planner that lets users store all their recipes in one app and automatically generate grocery lists ordered by supermarket aisle or by recipe.
ConsumerFoodTech
Christine Nguyen(Founder)inWill Kent(Founder)in
Co-investorsArtesianAlice Anderson FundTractor Ventures
RespirAq develops the RespirAq Active Humidifier System, a compact, battery-powered device that provides active heated humidification for mechanically ventilated patients without an external water supply, using a thermo-responsive smart material to capture and release moisture from the patient's breath.
HardwareHealthtechMedical Devices
Co-investorsMovacOutset Ventures
Sharesies is an investment platform that allows customers to buy and sell shares, ETFs, managed funds, and cryptocurrencies across New Zealand, US, and Australian markets, with features including auto-invest, AI-powered search, and portfolio management tools.
ConsumerCrypto & Web3FintechAuckland, NZ
Leighton Roberts(Founder)inBen Crotty(Founder)inMartyn Smith(Founder)in
Co-investorsAmplo VenturesArc AngelsCreative HQ — The IncubatorIcehouse VenturesNZVCRogue Insight Capital+2 more
Woolchemy develops natural wool-based materials for hygiene products like diapers, positioning an alternative to petroleum-based absorbent materials.
Circular EconomyConsumerNew Materials
Derelee Potroz-Smith(CEO & Founder)inAngela Potroz(Director)Alana Cheape(Head of Product & Marketing)in
BoardRichard Cutfield(Board Chair)
Co-investorsBooster Innovation FundPacific Channel
Portfolio news
latest coverage across their companiesBetter Packaging Co · betterpackaging.com · Aug 5, 2026
Baymatob · news.gsmedtech.com · May 27, 2026
Sharesies · nzherald.co.nz · Mar 21, 2026
Heatseeker · trysignalbase.com · Oct 25, 2025
PAM · arabfounders.net · Oct 10, 2025
Orchestra · post-gazette.com · Sep 23, 2025
Frequently asked questions
- How many investments has Even Capital made?
- Even Capital has 19 tracked investments.
- What stage does Even Capital invest at?
- Even Capital invests at the Seed, Series A, Series B, Growth stages.
- What sectors does Even Capital focus on?
- Even Capital focuses on Crypto & Web3, Digital Health, FemTech, Fintech, Healthtech, Impact & Social Good, Medical Devices, Sector Agnostic.
- Who does Even Capital co-invest with?
- Even Capital most often shares deals with Outset Ventures, Pacific Channel, Booster Innovation Fund, among 24 tracked co-investors.
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