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Hot Topic Aus election
Hot Topic Aus election
General Business
5 mins to read

Fund hell-bent on seeding Kiwi unicorns makes $2.1m close

Phase One Ventures to invest more into portfolio while founder Mahesh Muralidhar chases political aspirations.

Phase One Ventures founder Mahesh Muralidhar.

Phase One Ventures has made a final close of its $2.1 million early-stage venture capital fund and plans to invest further in its existing portfolio.

Some 12 of the 14 companies it has invested in have also secured institutional venture capital backing totalling close to $100m from the likes of

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Fiona Rotherham Wed, 07 May 2025
Contact the Writer: fiona@nbr.co.nz
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Fund hell-bent on seeding Kiwi unicorns makes $2.1m close
General Business,
108943
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