Acceptable Managed Fund · Growth category.
Invest in New Zealand climate-tech through your AIP visa.
Climate Fund 2 is approved by Invest New Zealand as an Acceptable Managed Fund under the Active Investor Plus visa, Growth category. The visa requires NZD $5 million in acceptable investments over three years. Residency requires 21 days in New Zealand across the three-year conditional visa period.
How it works.
Three steps.
STEP 01
Book a confidential briefing call
A discreet call with one of our team to cover the fund, the visa pathway, and whether Climate Fund 2 fits your circumstances. Feel free to bring your adviser.
STEP 02
Commit through Catalist
Sign up for Catalist, the regulated NZ securities platform we use for wholesale offers. Verify your identity. Submit your commitment online.
The AIP visa requires NZD $5 million in acceptable investments across the Growth category. Climate Fund 2 commitments count toward that total.
STEP 03
Hold for the residency period
Spend 21 days in New Zealand across the three-year conditional period. Permanent residency follows at 36 months.
Watch.
Why decarbonisation is the result, not the cost.
The partners, the Climate Impact Committee, and the founders we back, on what Climate Fund 2 invests in.
For AIP investors.
What you need to know.
AIP visa rules can change. Information current as of November 2025. Invest New Zealand approves Acceptable Managed Funds under the Growth category. Immigration New Zealand manages the visa application process. Verify current requirements with both before making a commitment.
What we invest in.
New Zealand climate-tech, scaling globally.
Companies that win because they are cheaper, better, faster, or more scalable. Lower emissions follow as a consequence.
Industrial · CVCF 1 + 2
Liquium
Catalysts that transform Haber-Bosch ammonia synthesis, addressing 2% of global emissions.
Dramatically increasing catalyst productivity vs commercial incumbents. CVCF 2 first investment, February 2026.
Energy storage · CVCF 1
MGA Thermal
Patented miscibility-gap-alloy thermal storage, making 24/7 renewables a reality.
Series A complete; demonstration plant operational.
Water · CVCF 1 + 2
NovoLabs
World-first Supercritical UV Disinfection System, treating wastewater with UVT below 1%.
NZ Hi-Tech Awards 2024, Most Awarded Hi-Tech Company.
Waste & circular · CVCF 1
Cleanery
Patented household and personal care products in powdered form, replacing single-use bottles.
Sold in supermarkets across Australasia and the USA.
Talk to us.
An AIP investment is a complex decision. We are here to help.
The team responds within one working day. We can schedule a call with your immigration adviser or wealth adviser too. We will not include them automatically. That is your call.
Direct contact
Rohan MacMahon
Partner · Climate Venture Capital Fund
rohan@2040ventures.com
+64 21 410 861
For wholesale investors only.
New Zealand law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision.
The usual rules do not apply to this offer because there is an exclusion for offers where the amount invested upfront by the investor (plus any other investments the investor has already made in the financial products) is $750,000 or more.
As a result of this exclusion, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for this investment. Investments of this kind are not suitable for retail investors. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
Last updated November 2025.