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 16 of 33 portfolio companiesSaaS ×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 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)inArmen Gharibans(Co-founder)Karen O'Regan(CBO)Craig Shannon(CTO)Christie Dunwoodie(CFO)Christopher Andrews(CMO)
Co-investorsBooster Innovation FundCerity Partners VenturesGD1Matū
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
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
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
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
Education company and 2025 Hi-Tech Awards finalist
Co-investorsArc AngelsIcehouse VenturesROC Venture GroupVerlinvest
New Zealand-Dutch space transportation company making non-toxic satellite propulsion, a reusable spaceplane and in-orbit refueling.
Co-investorsGD1Icehouse Ventures
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
Melbourne-based hospitality technology company providing mobile order-and-pay, online ordering and kiosks for venues.
New Zealand manufacturer of patented polycarbonate architectural mesh used as interior screens and building facades.
Co-investorsNZ Growth Capital Partners
Kindo is an enterprise AI security and orchestration platform for securely adopting, governing, and automating AI across a workforce.
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
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 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
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
New Zealand molecular farming company engineering oilseed crops to produce dairy proteins and fats without cows.
B2B travel-technology company that handles routing and planning problems for large travel enterprises.
ParkHelp supplies parking guidance sensors, digital signage and management software for garages, airports, malls and cities.
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
New Zealand wireless power company, acquired by Apple in 2017, that built Qi-based high-power wireless charging modules.
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
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
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
New Zealand company providing white-label OTT streaming platforms for film festivals, cinemas and entertainment brands.
New Zealand marine technology company building electric amphibious systems that let trailer boats launch without a ramp or tow vehicle.
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)
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 is a mobile money provider building a low-cost digital financial network across Africa.
Portfolio news
latest coverage across their companiesVend · finsmes.com · Aug 17, 2026
Mint Innovation · trysignalbase.com · Mar 24, 2026
Hnry · startupdaily.net · Dec 12, 2025
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 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 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.
Firms observed investing alongside Movac, from public investor directories. Shared companies are the overlap with Movac's recorded portfolio.
Similar investors
Norwest Venture Partners is an investment firm whose growth equity team backs private, profitable, fast-growing companies, providing capital and hands-on support through its 'invited guest' approach.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Industrial Technology Investment Corporation is the venture capital arm of Taiwan's Industrial Technology Research Institute (ITRI), backing startups across multiple stages and sectors while providing access to ITRI's R&D resources.
Oost NL is a regional development agency that supports and connects innovative entrepreneurs in the Dutch provinces of Gelderland and Overijssel, helping accelerate technological innovation through capital, network, and knowledge.
VenturEast is one of India's longest-standing venture capital fund managers, investing since 1997 and managing over $325 million across more than 100 investments in technology, healthcare, and clean environment.



































