Climate Fund 1 · 2021 to 2023.
New Zealand's first climate-focused venture fund.
Ten companies across water, energy, waste, food, marine, and industrial decarbonisation. The fund that proved the thesis Climate Fund 2 builds on.
By the numbers.
10
Active investments
Across six climate sectors in New Zealand and Australia.
8
Mindful Money Awards
Best Climate Action Investor category. 2 wins, 6 highly commended since 2021.
2
CVCF 2 follow-ons
Liquium and NovoLabs follow-on investments completed in 2026.
2021
Fund vintage
NZ's first climate-focused venture series.
"Climate impact can be a signal, not a sacrifice, for outsized financial performance."
Climate Fund 2 mission · building on Fund 1 · Information Memorandum, November 2025.
Climate Fund 1 portfolio.
Ten companies.
See the full Climate Fund 1 portfolio on the Portfolio page (filter pre-applied).
Annual reporting.
FY2025 Impact Report.
Each year we publish a full impact and ESG report. The report covers portfolio emissions across Scope 1 to 4. It includes ESG_VC framework assessments, sustainability goals tied to UN SDGs and the Planetary Boundaries framework, and operational + portfolio metrics.
Get the report by email.
Prior years' Impact Reports available to wholesale investors and AIP applicants on request.
What's next.