Lower-risk venture capital with a 10-year track record of growth, resilience and exits.
A full summary of our current investment offer.
As an evergreen venture capital fund, we offer lower-risk exposure by enabling investment into an established and mature $107m portfolio of New Zealand tech companies, which achieved combined revenues of $213 million and equity-weighted revenues of $73 million in 2024. Our robust 10-year track record demonstrates consistent growth, resilience, and successful exits.
Together, our mature portfolio, transparent distribution policy, and IPO readiness offer investors a clear and accelerated path to liquidity. Unlike traditional closed-end venture funds, where your capital can be tied up for over a decade.
With over 1,000 global investors—including AIP Visa holders, Family Offices, HNWIs, wholesale, and retail investors—our fund is governed by an experienced Board of Directors and provides transparent, publicly available reports with annual financial audits meeting IFRS Tier 1 standards.
Punakaiki Fund is permanently open. Invest once and never be asked for fees or capital calls.
¹distributions are subject to Board approval and are calculated after provisioning for future operating expenses, and may include performance fee payments to the manager.
Invest NZ$5 million into acceptable managed funds or direct investments.
Maintain your investment for at least three years.
Spend 21 days in New Zealand across the three-year conditional visa period.
Boring is the new exciting.
In a world obsessed with the next big thing, we take pride in being predictably profitable. We steer clear of speculative fads, focusing instead on sustainable, revenue-generating businesses. Our conservative approach might not make headlines, but it minimises risks and aims for modest, steady growth that’s anything but mundane.
A treasure chest of tech triumphs.
Diving into Punakaiki Fund, you’re not gambling on potential; you’re gaining a share in a proven $107m portfolio of 17+ revenue-generating companies. With a decade of diligent investment and development, our portfolio isn’t just growing; it’s flourishing. This is your chance to invest in a legacy of success, rather than the uncertainty of what’s to come.
Proven performance, not just promises.
Our track record speaks volumes: over a decade of consistent growth, with more than $25 million in exits from iconic Kiwi companies Vend, Timely, Moxion and LineWize. With nearly half of all funds raised already realised and reinvested, Punakaiki Fund isn’t just participating in New Zealand’s tech success stories; we’re helping write them.
Steady growth in turbulent times.
While global markets have faced their share of challenges, Punakaiki Fund’s portfolio stands as a testament to resilience and potential. Our companies have not just weathered the storm; they’ve thrived, with revenues climbing steadily against the odds. This isn’t just growth—it’s a clear indicator of the robust valuations and significant returns on the horizon as markets regain their footing.
A clear path to IPO.
We’re set on an ambitious goal: to list Punakaiki Fund and redefine venture capital liquidity in New Zealand. Designed with this future in mind, our structure promises an innovative route to liquidity, allowing you to enjoy the benefits of your investment on a timeline that traditional VC funds can’t match.
Sharp valuations, smarter investments.
Our knack for nailing valuations means we’re ahead of the game. Systematic, market-aligned, and independently audited, we avoid the valuation pitfalls that have tripped up many during the hype highs of recent years. By saying no to overvaluation and capping our expectations, we protect your investment from market mania, ensuring sustainable growth.
*The sale of Quantifi Photonics to Teradyne Inc was announced in March 2025 for a confidential amount.
New Zealand welcomes experienced, high-value investors to help build globally successful Kiwi businesses alongside the opportunity to embrace all aspects of life in New Zealand through the Active Investor Plus Visa program. Utilise your expertise and capital to contribute to the growth of New Zealand’s economy, while enjoying our expansive open spaces, awe-inspiring beauty, and unparalleled lifestyle.
With the Active Investor Plus Visa, you can:
As an approved ‘Managed Fund’ under the Active Investor Plus Visa, Punakaiki Fund can help you maximise your investment and experience the perfect harmony of business and lifestyle in New Zealand, a nation known for its thriving open market, innovative mindset, and exceptional quality of life.
Get in touch with our team to learn more today.
