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Hot Topic Budget 25
Investment
4 mins to read

Last-minute govt injection boosts Outset Venture’s second fund

The Sir Peter Beck-backed deep-tech VC firm has raised $41.5m for Fund II.

Outset Ventures general partner Angus Blair.

Deep-tech incubator and venture capital firm Outset Ventures has made a $41.5 million close to Fund II, after a last-minute boost from government-owned NZ Growth Capital Partners adding $15m from the Elevate fund of funds.

Elevate – which invests in fund managers to support investment in

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Fiona Rotherham Tue, 27 May 2025
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Last-minute govt injection boosts Outset Venture’s second fund
Investment,
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