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Tech & Innovation
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Movac closes NZ-first secondary fund at $50m

The Growth Opportunity Fund will provide liquidity to existing tech company investors.

Movac partner Mark Vivian.

Venture capital firm Movac has closed its Growth Opportunity Fund 1 at $50 million, following a flurry of interest in the past six weeks that took it well past its $30m target.

Partner Mark Vivian said fund capital raises were always “unique and unpredictable ... What you’re finding is, with

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Fiona Rotherham Fri, 31 Oct 2025
Contact the Writer: fiona@nbr.co.nz
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Movac closes NZ-first secondary fund at $50m
Tech & Innovation,
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