# Icehouse Ventures: portfolio, investments and team

> Icehouse Ventures is a vc firm based in New Zealand. 178 investments on record, 35 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/icehouse-ventures (Millionrounds; every figure on the page links to its filing or article)

New Zealand · [Investor](https://millionrounds.com/investors)

# Icehouse Ventures

Last cheque observed Sep 2026; 178 cheques on record.

Deploying now New fund $68M, Jan 2025 VC firm

Seed Artificial Intelligence & Machine Learning (AI/ML) Big Data & Analytics CloudTech

Deploying now

**73%** of best year **35** **cheques in 12 months**, 178 on record

Since the last cheque **54** days **00** hrs **00** min **00** sec

Median round **$2.3M** Rounds led **6 of 178** Sole investor **13 rounds** Mostly in **New Zealand, 70%**

Pitch Icehouse Ventures

## Icehouse Ventures highlights

- 01 35 cheques in the last 12 months
- 02 Mostly Seed and Grant: 54% of its rounds
- 03 Sole investor in 13 rounds, median $1.4M

## What they do

> We are a venture capital firm that invests in exceptional Kiwi founders building global companies. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed
- **Sectors:** Artificial Intelligence & Machine Learning (AI/ML) Big Data & Analytics CloudTech
- **Based in:** New Zealand
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **178 appearances**

- **2026** 30 rounds
- **Sept** **[Drumbeat](https://millionrounds.com/company/drumbeat)** Seed · NZ · Startup Daily **$1.2M** *Led*
- **Sept** **[First Table](https://millionrounds.com/company/first-table)** Series B · NZ **$7.2M** With 2 others
- **Sept** **[Antioch](https://millionrounds.com/company/antioch)** Series A · US **$32M** With 3 others
- **Aug** **[Vessev](https://millionrounds.com/company/vessev)** Series A · NZ · Startup Daily **$19M** With 6 others
- **Aug** **[Neocrete](https://millionrounds.com/company/neocrete)** Venture · NZ **$3.5M** With 2 others
- **Aug** **[BioLumic](https://millionrounds.com/company/biolumic)** Venture · NZ **$8.3M** With 2 others
- **Jul** **[Outlier Space](https://millionrounds.com/company/outlier-space)** Pre-seed · NZ · TechStartups **$7.3M** With 7 others
- **Jul** **[Hyades](https://millionrounds.com/company/hyades)** Pre-seed · NZ · Startup Daily **$634K** *Led*
- **Jul** **[Linca](https://millionrounds.com/company/linca)** Seed · NZ **$2.9M** With 2 others
- **Jun** **[DataMasque](https://millionrounds.com/company/datamasque)** Series A · NZ · Wavemaker Partners **$4.0M** With 4 others
- **Jun** **[Partly](https://millionrounds.com/company/partly)** Series B · NZ **$50M** With 4 others
- **Jun** **[Dawn Aerospace](https://millionrounds.com/company/dawn-aerospace)** Series B · NZ · Firms' own news pages **$25M** With 18 others
- **Jun** **[Number 8 bio](https://millionrounds.com/company/number-8-bio)** Grant · AU **$15K** With 1 other
- **Jun** **[Leaft Foods](https://millionrounds.com/company/leaft-foods)** Venture · NZ **Undisclosed** With 2 others
- **May** **[Nuro](https://millionrounds.com/company/nuro)** Venture · US **Undisclosed** With 3 others
- **Apr** **[Marloo](https://millionrounds.com/company/marloo)** Seed · AU · Ventureburn **$10M** With 2 others
- **Apr** **[Ideally](https://millionrounds.com/company/ideally)** Series A · NZ · Ventureburn **$10M** With 5 others
- **Apr** **[Caruso](https://millionrounds.com/company/caruso)** Series A · NZ · Startup Daily **$9.3M** *Led*
- **Apr** **[Manifest](https://millionrounds.com/company/manifest)** Pre-seed · AU **$1.4M** With 2 others
- **Apr** **[Scentian Bio](https://millionrounds.com/company/scentian-bio)** Seed · NZ **$7.0M** With 3 others
- **Mar** **[Halter](https://millionrounds.com/company/halter)** Series E · NZ · Promus Ventures **$314M** With 9 others
- **Mar** **[Antioch](https://millionrounds.com/company/antioch)** Venture · US **$8.4M** With 3 others
- **Mar** **[NextWork](https://millionrounds.com/company/nextwork)** Seed · NZ **$4.5M** With 1 other
- **Mar** **[Number 8 bio](https://millionrounds.com/company/number-8-bio)** Grant · AU **$834K** With 2 others
- **Feb** **[Wayve](https://millionrounds.com/company/wayve)** Series D · GB · TechCrunch **$1.2B** With 16 others
- **Feb** **[Appetise](https://millionrounds.com/company/appetise)** Series A · NZ · Startup Daily **$7.0M** *Led*
- **Feb** **[Wellumio](https://millionrounds.com/company/wellumio)** Seed · NZ · Startup Daily **$4.3M** With 10 others
- **Feb** **[Wellumio](https://millionrounds.com/company/wellumio)** Pre-seed · NZ · Nuance Connected Capital **$7.3M** With 7 others
- **Feb** **[Contented AI](https://millionrounds.com/company/contented-ai)** Seed · NZ **$4.1M** With 3 others
- **Jan** **[Ivo](https://millionrounds.com/company/ivo)** Series B · US · AlleyWatch **$55M** With 6 others
- **2025** 28 rounds
- **Dec** **[Hnry](https://millionrounds.com/company/hnry)** Series C · NZ **$17M** With 3 others
- **Dec** **[Kitea Health](https://millionrounds.com/company/kitea-health)** Seed · NZ **$13M** With 4 others
- **Dec** **[LawVu](https://millionrounds.com/company/lawvu)** Venture · NZ **$6.0M** With 4 others
- **Nov** **[Number 8 Bio](https://millionrounds.com/company/number-8-bio)** Series A · AU · Startup Daily **$11M** *Led*
- **Nov** **[Foxglove](https://millionrounds.com/company/foxglove)** Series B · US · TechStartups **$40M** With 4 others
- **Oct** **[PAM](https://millionrounds.com/company/pam)** Seed · NZ · Startup Daily **$331K** With 5 others
- **Sept** **[Starboard Maritime Intelligence](https://millionrounds.com/company/starboard-maritime-intelligence)** Series A · NZ · Startup Daily **$14M** With 7 others
- **Sept** **[Watchful](https://millionrounds.com/company/watchful)** Seed · NZ **$3.5M** With 1 other
- **Sept** **[Nevam](https://millionrounds.com/company/nevam)** Seed · AU **$1.2M** Sole investor
- **Sept** **[PAM NZ](https://millionrounds.com/company/pam-nz)** Seed · NZ **$334K** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**36** of 55 we have independently watched raise

[Adherium](https://millionrounds.com/company/adherium)[Appetise](https://millionrounds.com/company/appetise)[Archipro](https://millionrounds.com/company/archipro)[Asknicely](https://millionrounds.com/company/asknicely)[Aspiringmaterials](https://millionrounds.com/company/aspiring-materials)[Avertana](https://millionrounds.com/company/avertana)[Biolumic](https://millionrounds.com/company/biolumic)[Cogo](https://millionrounds.com/company/cogo)[Datch](https://millionrounds.com/company/datch)[Dexibit](https://millionrounds.com/company/dexibit)[Ethique](https://millionrounds.com/company/ethique)[Fileinvite](https://millionrounds.com/company/fileinvite)[Firstaml](https://millionrounds.com/company/first-aml)[Fuel50](https://millionrounds.com/company/fuel50)[Genoapay](https://millionrounds.com/company/genoapay)[Halterhq](https://millionrounds.com/company/halter)[Heartlab](https://millionrounds.com/company/heartlab)[Hnry](https://millionrounds.com/company/hnry)[Inhibitcoatings](https://millionrounds.com/company/inhibit-coatings)[Jasper](https://millionrounds.com/company/jasper)[Lawvu](https://millionrounds.com/company/lawvu)[Learncoach](https://millionrounds.com/company/learncoach)[Melodics](https://millionrounds.com/company/melodics)[Nuro](https://millionrounds.com/company/nuro)[Parrotanalytics](https://millionrounds.com/company/parrot-analytics)[Pypervision](https://millionrounds.com/company/pyper-vision)[Shuttlerock](https://millionrounds.com/company/shuttlerock)[Solve](https://millionrounds.com/company/solve)[Spalk](https://millionrounds.com/company/spalk)[Ternary](https://millionrounds.com/company/ternary)[Tokueyes](https://millionrounds.com/company/toku-eyes)[Upstock](https://millionrounds.com/company/upstock)[Vessev](https://millionrounds.com/company/vessev)[Vidapp](https://millionrounds.com/company/vidapp)[Vortexpowersystems](https://millionrounds.com/company/vortex-power-systems)[Wayve](https://millionrounds.com/company/wayve) Astrix Blog Cdn E-leviate Feedmyfurbaby Foundrylab Groovnow Insidescompany Joyoushq Migratemate Mint Nanolayr Narrative Nectar Nilo Prenohq Thinkladder Tradifyhq Watchful

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$68M**

raised in Jan 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed

Median round joined **$2.3M** the round, not its cheque Alone, median **$1.4M**

Led 6 of 178 rounds **3%**

- **Sole investor:** 13 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed said *48*
- Grant *42*
- Venture *36*
- Series A *22*
- Series B *10*
- Pre-seed *8*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Callaghan Innovation](https://millionrounds.com/fund/callaghan-innovation) 79
- [New Zealand Growth Capital Partners](https://millionrounds.com/fund/new-zealand-growth-capital-partners-nzgcp) 39
- [K1W1](https://millionrounds.com/fund/k1w1) 34
- [Enterprise Angels](https://millionrounds.com/fund/enterprise-angels) 28
- [Blackbird Ventures](https://millionrounds.com/fund/blackbird-ventures-2) 27
- [SE Ventures](https://millionrounds.com/fund/se-ventures) 21

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## Who they invest alongside

The investors most often in the same rounds as Icehouse Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Callaghan Innovation** Investment firm **79** rounds together](https://millionrounds.com/fund/callaghan-innovation)[**New Zealand Growth Capital Partners** VC firm **39** rounds together](https://millionrounds.com/fund/new-zealand-growth-capital-partners-nzgcp)[**K1W1** Investment firm **34** rounds together](https://millionrounds.com/fund/k1w1)[**Enterprise Angels** Angel network **28** rounds together](https://millionrounds.com/fund/enterprise-angels)[**Blackbird Ventures** VC firm **27** rounds together](https://millionrounds.com/fund/blackbird-ventures-2)[**SE Ventures** Corporate VC **21** rounds together](https://millionrounds.com/fund/se-ventures)[**NZVC** VC firm **18** rounds together](https://millionrounds.com/fund/nzvc)[**Pacific Channel** VC firm **13** rounds together](https://millionrounds.com/fund/pacific-channel)[**Startmate** Accelerator **13** rounds together](https://millionrounds.com/fund/startmate)[**Founders Fund** VC firm **8** rounds together](https://millionrounds.com/fund/founders-fund)[**Airtree Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/airtree)[**Investible** VC firm **6** rounds together](https://millionrounds.com/fund/investible)

## Recently backed

The latest companies Icehouse Ventures put money into.

[**Drumbeat** $1.2M · Sept 2026](https://millionrounds.com/company/drumbeat)[**First Table** $7.2M · Sept 2026](https://millionrounds.com/company/first-table)[**Antioch** $32M · Sept 2026](https://millionrounds.com/company/antioch)[**Vessev** $19M · Aug 2026](https://millionrounds.com/company/vessev)[**Neocrete** $3.5M · Aug 2026](https://millionrounds.com/company/neocrete)[**BioLumic** $8.3M · Aug 2026](https://millionrounds.com/company/biolumic)

## Quick answers about Icehouse Ventures

### What does Icehouse Ventures invest in?

Icehouse Ventures invests most often at Seed and Grant (54% of the rounds on record), in sectors such as Artificial Intelligence & Machine Learning (AI/ML), Big Data & Analytics and CloudTech.

### How active is Icehouse Ventures?

178 investments on record, 35 of them in the last 12 months, and it led 6. The most recent was in Sept 2026.

### What has Icehouse Ventures invested in recently?

Its most recent investments on record: Drumbeat (Seed, Sept 2026), First Table (Series B, Sept 2026) and Antioch (Series A, Sept 2026).

### How big are Icehouse Ventures's cheques?

The median round it joins is $2.3M.

### Does Icehouse Ventures lead rounds?

Sometimes: it led 6 of its 178 investments on record (3%).

### Where does Icehouse Ventures invest?

Most of the companies it backs are in New Zealand (70%), Australia (15%) and the United States (13%).

### Is Icehouse Ventures investing now?

Yes: it is actively investing, with 35 investments in the last 12 months.

### Who does Icehouse Ventures invest alongside?

Most often Callaghan Innovation (79 rounds together), New Zealand Growth Capital Partners (39 rounds together) and K1W1 (34 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=icehouse-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=icehouse-ventures)