Venture capital fund · 1 deal
Every published round Punakaiki Fund took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Formus Labs | Unnamed stage | 4 Feb 2022 | US$5m ($7m) | Participant | Startup Daily (Mon 7 Feb 2022), Startup Daily (Fri 4 Feb 2022) |
Companies Punakaiki Fund has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Formus Labs | 4 Feb 2022 | 1 | 0 |
Fund closes reported for Punakaiki Fund, as distinct from the investments it has made.
Companies Punakaiki Fund has backed that another company then bought. An exit for the holding, not a deal Punakaiki Fund did.
Stories naming Punakaiki Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup of four ANZ raises: Conflux Technology's $11 million Series B, BuildPass's $7.5 million seed, Projectworks's US$5 million Series A alongside a CEO change, and DNAiTECH's NZ$1 million round.
Also Startup Daily
New Zealand surgical-planning startup Formus Labs raised US$5 million led by GD1 to launch its 3D joint replacement planner and expand into the US, with backing from four other investors and a Zimmer Biomet partnership.
Also Startup Daily
Weekly venture roundup covering Scalapay's giant series A, numerous Australian raises, acquisitions of Clipchamp, Paidy and CipherTrace, Houseparty's closure, crypto regulation developments, and Atlassian appointing a Cloudflare founder as director.
A weekly technology roundup reporting a New Zealand booking software firm's sale, an Australian beauty retailer's acquisition, several venture raises, executive share sales at an e-commerce firm, and a new government fund committee.