Movac
Venture capitalAuckland · Seed–Late Stage · 26 people tracked
Investment thesis
Movac positions itself as a full-lifecycle technology investor that is high-touch and high-conviction, backing exceptional teams solving hard problems in large markets. It brings New Zealand capital together with global talent and networks, and emphasizes functional expertise, international connectivity, capability building, and capital strategy. The firm has centered Kiwi founders and Kiwi investors in its work since 1998, drawing on 100+ years of collective experience commercialising and growing businesses.
Source: firm website, verified Aug 3, 2026.
Team · 26 people
from the firm's website & public directoriesWhat they invest in
from 6 of 31 portfolio companiesEnterprise Software ×3Medical Devices ×3AI & Machine Learning ×2Healthtech ×2SaaS ×2Biotech ×1Cloud Computing ×1Developer Tools ×1
HQs:New Zealand×2
Investments · 31 tracked
founders shown can be your intro pathAlimetry develops the Gastric Alimetry system, a non-invasive body surface gastric mapping device that provides objective diagnostics for patients with chronic gastrointestinal symptoms.
AI & Machine LearningDigital HealthHealthtechMedical DevicesAuckland, NZ
Greg O'Grady(Co-founder)Armen Gharibans(Co-founder)Karen O'Regan(CBO)Craig Shannon(CTO)Christie Dunwoodie(CFO)Christopher Andrews(CMO)
Aroa Biosurgery develops soft tissue repair and wound management products based on its AROA ECM extracellular matrix platform, including bioscaffolds for acute and chronic wounds, surgical reconstruction, and hernia repair.
BiotechHealthtechMedical Devices
Avasa develops technology to simplify microsurgical procedures, replacing manual hand sewing with automated microvascular connection methods.
HardwareMedical Devices
Education company and 2025 Hi-Tech Awards finalist
Portfolio news
latest coverage across their companiesHnry · startupdaily.net · Dec 12, 2025
Frequently asked questions
- What stage does Movac invest at?
- Movac invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is Movac's typical check size?
- Movac typically writes checks of $600K – $3M.
- What sectors does Movac focus on?
- Movac focuses on Advanced Manufacturing, Biotech, Consumer, Data & Infrastructure, Deep Tech, Enterprise Software, FoodTech, Medical Devices, SaaS, Sector Agnostic.
- Where is Movac located?
- Movac is headquartered in Auckland, NZ.
- Does Movac lead rounds?
- Yes, Movac leads investment rounds.
Media · Podcasts & interviews
featuring the teamAuckland Innovation Event, San Francisco - Phil McCaw - Movac
90 Seconds Media · Phil McCaw
MOVAC - Phil McCaw - "Investing in Multicore" on Vimeo
Multicore World · Phil McCaw · vimeo.com
Phil McCaw of Movac - ICE Ideas Conference 2011
The Icehouse · Phil McCaw
Phil McCaw from Movac speaks to 90 Seconds about Business Investment
90 Seconds Media · Phil McCaw
Movac | Phil McCaw | Venture capital firm Movac is launching its fifth tech investment fund, hoping to raise between $150 million and $200m. "We need to get busy redefining... | By National Business Review
Phil McCaw · facebook.com
Images
Co-investors · 1
Madrona Venture Group is an early-stage venture capital firm that backs founding teams at seed, early, and acceleration stages, primarily in Seattle, the Bay Area, and beyond.
Firms observed investing alongside Movac, from public investor directories. Shared companies are the overlap with Movac's recorded portfolio.
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