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Te Ao Māori
6 mins to read

Māui Toa targets $8.5m raise for fusion venture OpenStar

A Māui Toa national roadshow is rallying Māori investors behind fusion startup OpenStar, as a Māori Energy Summit begins.

OpenStar’s fusion technology.

Key points
  • What’s at stake? Māori investors are being invited into frontier science through an $8.5m raise backing OpenStar’s fusion technology.
  • Background: Māui Toa’s roadshow builds a Māori investor base for OpenStar, which achieved first plasma last October and plans a global US$120m to US$150m round.
  • Main players: Māui Toa partners Guy Royal and Renata Hakiwai, OpenStar founder Dr Ratu Mataira, and NZTE Māori Exports head Jeremy Gardiner. 

Māui Toa is pulling Māori investors into deep tech with a collective $8.5 million raise for OpenStar. The kaupapa is simple: Māori capital backing Māori innovation. The push lands as the Māori Clean Energy Summit opens in New Plymouth today, a key stop on Māui Toa’s national roadshow.

The

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Mike McRoberts Tue, 14 Oct 2025
Contact the Writer: Mike@nbr.co.nz
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Key points
  • What’s at stake? Māori investors are being invited into frontier science through an $8.5m raise backing OpenStar’s fusion technology.
  • Background: Māui Toa’s roadshow builds a Māori investor base for OpenStar, which achieved first plasma last October and plans a global US$120m to US$150m round.
  • Main players: Māui Toa partners Guy Royal and Renata Hakiwai, OpenStar founder Dr Ratu Mataira, and NZTE Māori Exports head Jeremy Gardiner. 
Māui Toa targets $8.5m raise for fusion venture OpenStar
Te Ao Māori,Deals,
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