VC
New Zealand
Last Deal Dec 2025

Movac

Check Size
€1M – €15M
Outreach
Warm Intro Preferred

Investment Focus

Geographic Focus

New Zealand
Australia

Investment Thesis

New Zealand's largest and most experienced VC firm, managing NZ$350M+ across multiple funds. Invests in high-growth technology companies from seed to growth stage, with a strong track record in enterprise SaaS and agtech.

How to Pitch Movac

Warm Intro Needed
Movac mostly invests through warm intros. Check the co-investors and portfolio founders below for a path in before sending a cold email.

Who To Contact

David Beard
Partner
Fiona Foster
Partner
Source

Recent Deals

Auto-extracted from press releases.

Portfolio Highlights

Vend - Cloud-based POS and retail management platform (acquired by Lightspeed)
LanzaTech - Carbon recycling and gas fermentation biotech (NASDAQ IPO)
Tradify - New Zealand job management software for tradespeople

Team

Auto-detected from Movac's website.

Byron Van Vugt
Senior Investment Manager

Joined 2024, focuses on origination, due diligence, portfolio management; mechanical engineer background from Fisher & Paykel.

Emerge stage
Checked Aug 2026
David Beard
Partner
Checked Oct 2026
Fiona Foster
Partner
Checked Oct 2026
Jason Graham
Partner
Checked Oct 2026
Mark Stuart
Partner
Checked Oct 2026
Mark Vivian
Partner
Checked Oct 2026
Millie McKelvie
Investment Manager

Joined 2021, handles deal evaluation, due diligence, portfolio support; background in industrial engineering and private equity.

Checked Aug 2026
Millie McKELVIE
Investment Manager

Joined 2021, handles deal evaluation and due diligence with background in private equity and industrial engineering.

Checked Aug 2026
Nathan Bell
Senior Investment Analyst

Joined 2024, works on deal evaluation, due diligence, portfolio support; background in strategy consulting at Deloitte.

CleanTech
biodiversity
Checked Aug 2026
Phil McCaw
Co-Founder, Investment Committee Chair

Co-Founder of Movac, active investor in NZ tech since 1998, chairs Investment Committees for Funds 3, 4, 5.

Checked Aug 2026

Focus and check size from the firm's website. Website reachable as of Sept 2026.

Ready to Reach Movac?

A fit check scores your pitch against their thesis, stage and ticket. An email draft uses their real deals and thesis, not a template.