Rangatira Annual Report 2025 - Flipbook - Page 27
Annual Report 2025
Managed funds
Investment date: 2021
Investment date: 2014
Core Fund 2021, Opportunity Fund 2021
Airtree is a venture capital investor with A$1.3bn under
management and a portfolio of 100+ companies.
Airtree invests in startups from pre-revenue right
through to later growth stages, with investment sizes
ranging between $100,000 and $50 million.
Rangatira is invested in both the 2021 Core and
Opportunity Funds. The Core Fund invests in the best
pre-seed, seed, and series A technology companies
with strong ties to Australia and New Zealand. The
Opportunity Fund targets a smaller number of growth
stage (Series B+) opportunities.
Investment date: 2011
Fund V, Fund VI, Fund VII
Icon Ventures is an early-stage venture capital fund
based in Palo Alto, California with $1.4bn under
management. Founded in 2003, Icon has been at the
forefront of venture investing for over two decades,
partnering with founders and other top-tier VC funds to
build category-defining businesses.
Investment date: 2020
Fund 3, Fund 3 SideCar, Fund 5 Growth 6
Movac is a leading venture capital manager in
Wellington, New Zealand. Fund 3 invested in 6
companies including PowerbyProxi (acquired by
Apple in 2017) and Aroa Bosurgery (listed on the
ASX in 2020). In 2020, Rangatira invested in Movac’s
Fund 5 which now has a portfolio of 20 companies,
and in 2022, invested in Movac’s Growth Fund 6
which invests in more established high growth
companies in New Zealand.
Fund II, Fund III
Pacific Channel is a specialist deep tech venture
capital investor focused on scientific and advanced
engineering breakthroughs across food, health, and the
environment. They invest in companies at their earliest
stages and actively support them to accelerate growth.
Investment date: 2023
Investment date: 2019
Te Ahumairangi Investment Management is a
Wellington-based team of experienced investment
professionals who focus entirely on the management
of global equities. They bring a genuinely global active
equity fund to New Zealand investors looking for good
long-term returns with lower risk, at low fees.
Intermede is a London-based global equity investment
management company. It applies a research-intensive,
fundamental bottom-up, long term orientated
approach, with a focus on building a portfolio of
high-quality growth companies that can deliver
compounding returns.
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