Growth Fund

Investment Target

  • The Fund will allocate its Committed Capital to early stage investment opportunities in a range of market sectors including (but not limited to) IT and telecommunications (digital, media, mobile and web), clean tech and renewable energy, biotech, medical devices, food and beverages, financial services, agriculture, AR/VR entertainment, and the Internet of Things.
  • The Fund seeks to invest in these sectors in New Zealand at the Seed & Series A stages with potential follow on investments in top performers.

Compelling Market Opportunity

  • High density of talent in population and culture of innovation and entrepreneurship in New Zealand.
  • Significant market gap for venture capital. Valuations at Seed and Series A levels are significantly lower in New Zealand than in China or the US, providing scope for significant valuation uplift in follow-on funding rounds, and higher multiples at exit.
  • Resourced to actively help portfolio companies get to large Series B rounds and Early Exits.

Access to network

Deep and relevant network across the Asia region and China, including venture capital funds, strategic investors, and major technology companies, opening access to funding and exit opportunities in China and Asia.

Strong Team

  • Experienced and cohesive team with strong passion and commitment to entrepreneurship, creation and innovation. They all have deep and relevant expertise and networks across the China and Asia Pacific region built up over years of being entrepreneurs and investors.
  • The directors of the General Partner of the Fund (being Zino Ventures Limited, which will manage the Fund) GPs are experienced in early stage investments, growth and exits across the region and across a range of sectors, with decades of combined early-stage investing and operating experience in these markets.
  • Between them, the directors of the General Partner have made over 50 early stage investments – including companies that have executed IPOs and major trade sales.

Supportive eco-system

  • Strategic partnerships with AlibabaCloud, Ice House, University (Uniservice) and research institutions.
  • Broad connections with Angel Association of NZ and New Zealand’s most active angel and VC investment groups.
  • We collaborate with all players in the local market and consider them partners instead of competitors. This collaborative structure allows the Fund to benefit from our networks (including connections with Jubilee Capital (“JCM”) in Singapore), experience and resources, to drive investment returns.
  • The Fund has developed a strong sourcing and co-investment strategy with co-investor networks to ensure access to the best opportunities on offer in New Zealand, China and Asia.

Our Portfolio

Enring
Enring provides Social Commerce, marketing and payment solutions for business clients, such as retailers and CBEC exporters. By implementing advanced CRM systems based on social media channels (Facebook Messenger and WeChat), Enring’s business clients are now able to gain sophisticated user behavior insights and serve customers with artificial intelligence applications.

In addition, Enring also provides internet marketing and payment services to clients such as creative and media-buying, digital distribution channels solutions and social/content marketing and FX payment services, collaborating with Wechat Pay and Pay Express.