Announcing Icehouse Ventures
In April, The Icehouse announced their new investment arm - Icehouse Ventures.
This new business partnership has the objective of powering up access to capital for New Zealand founders and their companies. They are bringing in new shareholders; Simplicity Kiwisaver, FNZC, K1W1 (Sir Stephen Tindall's investment group), a number of Icehouse related investors and staff, and together pulling together all of their startup related activities inside The Icehouse under one umbrella - Icehouse Ventures.
This investment will provide capital to scale our start-up platform from last year’s 56 start-ups and $22m+ of investment to something materially greater over the next five years. Simplicity has also committed to invest up to $100 million over 5 years into funds managed by Icehouse Ventures.
Click here to read about the next phase at The Icehouse.