Movac Fund VI | 1998 VC Fund

Movac

cb Email

Status

ACTIVE

Global HQ

Wellington, New Zealand

Countries of investment

New Zealand

Investment stages

Series A
Series B
Series C
Growth

Industries

Enterprise Software
SaaS
Cybersecurity
Marketplaces
IoT
Gaming
Life Sciences
HealthTech
MedTech
Manufacturing

About
Movac is a Wellington-based venture capital firm focused on backing New Zealand technology companies scaling globally. Their focus spans SaaS, enterprise software, cybersecurity, life sciences, and manufacturing across New Zealand. The firm supports Kiwi tech founders from Series A through growth stages.

Min check size: $1M
Max check size: $6.2M
Fund size: Unlock
NPS: Unlock

Investment Thesis

Movac is a Series A to growth stage venture capital firm deploying capital across enterprise software, SaaS, cybersecurity, HealthTech, and MedTech sectors. They invest in New Zealand technology companies with proven product-market fit and potential to scale to $100M+ in revenue. The firm differentiates itself as New Zealand's most experienced technology investor since 1998, deeply integrated into the Kiwi tech sector.

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Manager's Experience

Led by Phil McCaw (Founding Partner) with investment experience dating back to 1998, along with Mark Vivian, David Beard, Jason Graham, and other partners. Team includes former executives from Amazon and Microsoft bringing Silicon Valley scaling experience. Managing $125M Fund VI with historical exits including Trade Me, Vend, PowerbyProxi, and Greenbutton.