Icehouse Ventures IVX Fund 

  Private Equity  

  

  Icehouse Ventures  

WARNING

The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.


If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.


You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.

Overview


The opportunity exists to express interest in an investment in the IVX Fund (“IVX”).


     Transaction Size NZD $75,000,000.00 (>$50m committed to date)

     Minimum investment NZD $50,000.00 (paid 25% p.a.)

     Issue Type Early Stage Capital

     Sector Diversified

 

 

Icehouse Ventures - New Zealand’s most active venture investment group - have recently launched IVX (short for Icehouse Ventures Expansion), a late-stage venture fund that will invest in 30 of New Zealand’s leading tech companies.

 

IVX is a late-stage fund, meaning most of the capital will be deployed into companies with established and growing teams, well-developed products & services, evidence of competitive wins, five or more years in market, revenue & proven business models, strong governance, and the most critical feature: potential for significant global growth. The fund has already begun investing into companies that meet this high bar, including:

 

     Shuttlerock - which has achieved $10m in revenues

     Tradify - which has achieved $9m in revenues

     Dawn Aerospace - whose technology is commercially operating on multiple satellites in space

     Mint Innovation - who have validated the science and processes underpinning their e-waste gold mines, and are now scaling globally

     Mentemia - (Co-founded by Sir John Kirwan) whose technology is being used by The Warehouse, Sky, Eroad and others


IVX has also announced participation in the $15m growth round of Joyous, an HR software company led by exited entrepreneur Mike Carden. Read more here.

 

IVX leverages Icehouse Ventures’ unique relationships, information, and follow-on rights which have built up over 18 years of seed stage investing. IVX’s investment pipeline includes Icehouse Ventures’s 250+ startup investments - a subset of which will thrive and become highly sought after (and thus inaccessible) investment opportunities. This pipeline simply cannot be reverse engineered.

 

Icehouse Ventures' mission is to invest in and support founders & early stage startups that can transform the future of New Zealand. To achieve this, they need to align a large and diverse group of investors. IVX opens the door to investors who would prefer to invest in startups, though only once they have traction.

 

The objective is for investors to not simply feel informed, but to be engaged. Icehouse Ventures achieves this through an immersive Investor Portal, annual events, engaging fund reports, and opportunities for investors to co-invest in specific companies they like.

 

The minimum investment in IVX is NZD $50k, to be drawn over four years, offering an attractive entry level for investors who are interested in this asset class.


Icehouse Ventures CEO, Robbie Paul, is hosting a presentation and Q&A session this Thursday at 4:00pm over Zoom. RSVP by emailing here.


 

Click on the Documents tab to see the Investor Pack or Register Interest for more information and to be connected to the IVX team. 

 

 

About Icehouse Ventures

 

Icehouse Ventures is New Zealand's most active venture investment group. Since 2003 we have invested over $190m into over 250 startups.


Webinar


Listen here to a webinar hosted by Icehouse Ventures CEO, Robbie Paul.

Robbie talks about:

  • What the IVX fund is, and its unique positioning
  • The power of the relationships and pre-emptive rights
  • The experience of investing in such a fund - an immersive experience


Issue Type:
Private Equity
Sector:
Technology
isEOI: true

Investment Details

Investment Type: Wholesale

Wholesale Investment Type: NZ Wholesale Equities

Transaction Size:NZD 75,000,000.00

Committed Capital: 

Pre-money valuation: 

Minimum Capital Raise: 

Share Price:NZD 0.00

Unit Price:NZD 1.00

Minimum Investment Size:NZD 50,000.00

Document Name Description Date Uploaded
IVX Introduction 23 July 2021 Preview/Download
Zoom: 0

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