NZVC will back up to 60 ANZ founders with its new $50 million Fund II
Auckland venture firm NZVC plans a second fund backing 50-60 Australia-NZ founders and has already invested in an Australian robotics startup and two New Zealand companies.
Startup · $11.3m raised · Manufacturing
On-demand metal casting for rapid, sovereign manufacturing
Wellington, OS
Every investor coverage indicates participated in a round Foundry Lab raised.
| Investor | Rounds | Invested |
|---|---|---|
| Blackbird Ventures | Series A | - |
| Carl Bass | Series A | - |
| Founders Fund | Series A | - |
| GD1 | Series A | - |
| Icehouse | Series A | - |
| K1W1 | Series A | - |
| Karl Iagnemma | Series A | - |
| Peter Beck | Series A | - |
| Promus | Series A | - |
| WNT Ventures | Series A | - |
Companies Foundry Lab acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| David Moodie | Chief · Founder | SmartCompany, Blackbird Ventures portfolio, Startup Daily |
Stories naming Foundry Lab. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Auckland venture firm NZVC plans a second fund backing 50-60 Australia-NZ founders and has already invested in an Australian robotics startup and two New Zealand companies.
Roundup of nine startup raises totalling $70 million, including Q-CTRL's Series B, Foundry Lab's round led by Blackbird, and EnGeneIC's crowdfunded COVID-19 vaccine raise, plus a new Elenium Automation board member.
Also Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily
Blackbird's investment note announces it led Foundry Lab's Series A. The New Zealand startup uses microwave-based digital metal casting to make cast metal parts in hours, founded by David Moodie, and is now recruiting specialist staff.