About Climate Venture Capital Fund.
New Zealand's first climate-focused venture series.
Climate Fund 1 launched in 2021 as New Zealand's first climate-focused venture fund. Climate Fund 2, currently raising, builds on that thesis with exclusive follow-on rights and new deal flow across Australasia. Both funds are managed by 2040 Ventures.
2040 Ventures.
Managed by 2040 Ventures.
2040 Ventures manages two flagship funds. Punakaiki Fund Limited (PFL) is an evergreen NZ tech venture investment company founded in 2014. Climate Venture Capital Fund (CVCF) is the climate-tech venture series this site is for.
PFL has a 10+ year operating history. It has 1,000+ shareholders and a portfolio of 18 active NZ technology investments. That operational platform, board craft, customer introductions, follow-on capital, and governance, is what backs every Climate Fund investment.
Visit 2040ventures.com →The team.
Climate Fund partners.
Three partners with NZ tech, climate, and venture experience. Direct contact details below; the team responds within one working day.
Rohan MacMahon
Partner · Climate
Rohan leads climate investments and investor relations. 25+ years across executive, consulting, and analyst roles, including leading climate-change and infrastructure projects across Australia and New Zealand. Former Ministerial Advisor on technology and digital policy.
Lance Wiggs
Co-Founder · Investments
Lance brings 30+ years of global business and investing experience. He has advised hundreds of high-growth companies. Co-founded Punakaiki Fund. Investment-banking advisor for Trade Me's $750M sale to Fairfax Media. Time with McKinsey & Co, EBRD, BHP Billiton, Mobil Oil, and as a Councillor for InternetNZ.
Dr Jez Weston
Co-Founder · Climate impact
Jez has 15+ years across policy and climate advice, Royal Society and various government departments. Managed the Commercialisation Partner Network and PreSeed Accelerator Fund (~$500M of government contracts). Member of the Return on Science Physical Science investment team. PhD Engineering, Cambridge University.
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