Fundraising Fox

Movac

Venture capital

Auckland · Seed–Late Stage · 26 people tracked

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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.

Stage
Seed–Late Stage
Check
$600K – $3M
HQ
Auckland, WA, NZ
Leads rounds
Leads
Instruments
Equity
Founded
1998
AUM
$36.6M
Tracked investments
33

Team · 26 people

from the firm's website & public directories
Chris Hinch· Founder

Founder of TracPlus, a Movac portfolio company.

Todd O’Hara· CEO

CEO of TracPlus, a Movac portfolio company.

What they invest in

from 16 of 33 portfolio companies

SaaS ×8AI & Machine Learning ×5Enterprise Software ×4Medical Devices ×4Healthtech ×3IoT ×3Biotech ×2Developer Tools ×2

HQs:New Zealand×4

Investments · 33 tracked

founders shown can be your intro path
Alimetryalimetry.comin𝕏

Alimetry 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)inArmen Gharibans(Co-founder)Karen O'Regan(CBO)Craig Shannon(CTO)Christie Dunwoodie(CFO)Christopher Andrews(CMO)

Co-investorsBooster Innovation FundCerity Partners VenturesGD1Matū

Aroa Biosurgeryaroabio.comin𝕏

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

Co-investorsCure Kids Ventures

Aurorauror.coin𝕏

Auror operates a Retail Crime Intelligence platform that lets retailers record and share structured crime data and connect with law enforcement to identify repeat and organized offenders.

AI & Machine LearningEnterprise SoftwareGovTechRetail TechSaaS

James C.(Founder)in

Co-investorsFolklore VenturesGD1NZ Growth Capital PartnersReinventure Group

AutoGrab

Automotive data and intelligence platform that aggregates vehicle listings, specifications, pricing, and market signals to help dealers and automotive ecosystem partners optimize sourcing, pricing, and inventory decisions.

Co-investorsPremier Capital Partners

Avasaavasa.ioin

Avasa develops technology to simplify microsurgical procedures, replacing manual hand sewing with automated microvascular connection methods.

HardwareMedical Devices

Co-investorsBooster Innovation FundBridgewest VenturesCure Kids VenturesNZ Growth Capital Partners

Coretexcoretex.comin𝕏Acquired

Coretex, now an EROAD company, provides fleet management and ELD (Electronic Logging Device) solutions that monitor vehicles, track trips, and verify cargo conditions across the supply chain.

IoTLogistics & Supply ChainSaaS

Crimson Education

Education company and 2025 Hi-Tech Awards finalist

Co-investorsArc AngelsIcehouse VenturesROC Venture GroupVerlinvest

Dawn Aerospace

New Zealand-Dutch space transportation company making non-toxic satellite propulsion, a reusable spaceplane and in-orbit refueling.

Co-investorsGD1Icehouse Ventures

Hnryhnry.co.nzin𝕏

Hnry provides financial administration and tax services for self-employed individuals and sole traders.

Enterprise SoftwareFintechSaaSAuckland, NZ

Claire(Co-founder)James(Co-founder)James Fuller(Founder)inKaran(Managing Director, Australia)

Co-investorsAthletic VenturesCreative HQ — The IncubatorIcehouse VenturesLeft Lane CapitalRampersand

HungryHungry

Melbourne-based hospitality technology company providing mobile order-and-pay, online ordering and kiosks for venues.

Kaynemailekaynemaile.com

New Zealand manufacturer of patented polycarbonate architectural mesh used as interior screens and building facades.

Co-investorsNZ Growth Capital Partners

Kindo

Kindo is an enterprise AI security and orchestration platform for securely adopting, governing, and automating AI across a workforce.

Kry10kry10.comJan 2024 · $6M

Kry10 provides an operating system (KOS) and platform built on the formally verified seL4 microkernel for developing, deploying, and managing mission-critical connected devices.

CybersecurityDeveloper ToolsIoT

Jason Fox(Founder)in

Co-investorsFolklore VenturesNuance CapitalNZ Growth Capital PartnersIn-Q-Tel

LawVulawvu.comin𝕏

LawVu is a legal workspace platform that integrates matters, contracts, and spend management for in-house legal teams.

AI & Machine LearningEnterprise SoftwareLegalTechSaaS

Co-investorsAirTree VenturesArc AngelsIcehouse VenturesInsight PartnersShasta Ventures

Mint Innovationmint.bio

Mint develops a chemistry-based process to recover critical minerals from electronic waste, avoiding high-temperature smelting.

Circular EconomyCleantechNew MaterialsAuckland, NZ

Will Barker(Co-founder)inOllie Crush(Co-founder)inMatt Bedingfield(Global President)in

Co-investorsArc AngelsBlackbird VenturesIcehouse VenturesWNT VenturesEnterprise AngelsLiverpool Partners

Mirukumiruku.com

Miruku develops a molecular farming platform ("Dairy Seed System") that engineers oilseed crops to produce dairy proteins and fats in their seeds, which can be harvested and processed into ingredients using existing agricultural infrastructure.

AgTechBiotechFoodTech

Co-investorsBetter Bite VenturesNZ Growth Capital PartnersNZVCMotion Capital

Miruku

New Zealand molecular farming company engineering oilseed crops to produce dairy proteins and fats without cows.

Mobi

B2B travel-technology company that handles routing and planning problems for large travel enterprises.

Open
ParkHelp

ParkHelp supplies parking guidance sensors, digital signage and management software for garages, airports, malls and cities.

Portainerportainer.ioin𝕏

Portainer builds a container management platform that simplifies deployment and administration of containerized applications.

Cloud ComputingDeveloper ToolsEnterprise Software

Anthony Lapenna(Founder)inNeil Cresswell(Founder)in

Co-investors33NAlt VenturesBessemer Venture PartnersBright Pixel CapitalNZ Growth Capital PartnersShasta Ventures

PowerbyProxipowerbyproxi.comAcquired

New Zealand wireless power company, acquired by Apple in 2017, that built Qi-based high-power wireless charging modules.

Re Leasedre-leased.comin

Re-Leased is a cloud-based commercial property management software that helps real estate teams manage leases, tenants, maintenance, and credit control while connecting finance and operations.

AI & Machine LearningPropTechSaaS

Co-investorsIcehouse VenturesJLL Spark Global VenturesJLL Spark

Respiraqrespiraq.comin

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-investorsEven CapitalOutset Ventures

Roster Labrosterlab.comin

RosterLab provides AI-powered staff rostering software that automatically generates and optimises complex schedules using a mathematical optimisation engine, handling compliance rules, skill mix, and staff preferences.

AI & Machine LearningHR TechSaaS

Co-investorsMatūPacific Channel

Shift72

New Zealand company providing white-label OTT streaming platforms for film festivals, cinemas and entertainment brands.

Static
Tectrax

New Zealand marine technology company building electric amphibious systems that let trailer boats launch without a ramp or tow vehicle.

Timely
TracPlustracplus.comin

TracPlus provides an operational intelligence and telemetry platform, including its FireFlyte product, that gives aerial firefighting agencies and operators a real-time view of aircraft, drops, and mission operations along with tracking, monitoring, and compliance reporting.

Data & InfrastructureIoTSaaS

Co-investorsPartners for GrowthPartners for Growth (PFG)

Unleashed
Vendvendhq.comin𝕏Acquired

Vend, now part of Lightspeed and marketed as Lightspeed Retail (X-Series), is a cloud-based point-of-sale and retail management platform for retailers to manage inventory, sales, customers, payments, and reporting across in-store and online channels.

E-commerceRetail TechSaaS

Co-investorsFolklore VenturesPoint NinePunakaiki FundSquare Peg CapitalBlue Heron CapitalDERIVE VENTURES+2 more

Wave

Wave is a mobile money provider building a low-cost digital financial network across Africa.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Movac made?
Movac has 31 tracked investments.
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.
Who does Movac co-invest with?
Movac most often shares deals with Icehouse Ventures, NZ Growth Capital Partners, Arc Angels, among 34 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Auckland 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

Movac photo

Co-investors · 1

Madrona Venture Group

Madrona Venture Group is a Seattle-founded venture firm that partners with founders across early and acceleration stages, providing capital plus hands-on support in recruiting, strategy, business development, and fundraising.

$2M – $10M

Firms observed investing alongside Movac, from public investor directories. Shared companies are the overlap with Movac's recorded portfolio.

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