2040 Ventures
VC Fund Manager based in Auckland
Key Facts
- Provider type
- VC Fund Manager
- Headquarters
- Auckland
- Established
- 2013 (12 yrs)
- FSP number
- FSP288485 ↗
- NZBN
- 9429030274563 ↗
- AIP status
- Approved
- Open offers
- 2 open / 2 total
- Funds listed
- 2
- Website
- www.2040.co.nz
Last reviewed: 19 May 2026
About 2040 Ventures
Evergreen venture capital fund and climate tech specialist with proven track record
Location
Auckland
Established
2013
12 years track record
AIP Approved
Eligible for Active Investor Plus visa
Funds Managed (2)
Punakaiki Fund
NZ's first and largest evergreen venture capital company. Total assets NZ$129M (31 Mar 2026) across 18 revenue-generating portfolio companies. Wholesale minimum NZ$50,000 via Catalist. Manager: 2040 Ventures Limited. AIP Growth pre-approved.
Climate Venture Capital Fund 2
Award-winning climate investor aiming for 25% IRR by backing companies mitigating 50M tonnes CO2-e before 2035
Open Funds & Active Offers(3)
2040 Ventures Climate Fund
OpenAward-winning climate investor targeting 25% IRR by backing companies mitigating 50M tonnes CO2-e before 2035
2040 Ventures Punakaiki Fund
OpenEvergreen venture capital fund with proven track record of successful exits including Vend, Timely, and Linewize
Punakaiki Fund
Always OpenNZ's first and largest evergreen venture capital company. Total assets NZ$129M (31 Mar 2026) across 18 revenue-generating portfolio companies. Wholesale minimum NZ$50,000 via Catalist. Manager: 2040 Ventures Limited. AIP Growth pre-approved.
Key People (6)
Lance Wiggs
Founding Partner
Leadership
MBA from Yale University (Strategy, Finance) and Bachelor of Technology (Hons) from Massey University. Investment-banking advisor for Trade Me on its sale to Fairfax Media. Helped hundreds of high growth companies through 2040 Ventures and NZTE programmes.
Chris Humphreys
Founding Partner
Leadership
Brings significant corporate finance experience and rigour to the team. Based in Te Anau, travelling regularly to Auckland.
Nadine Hill
Principal
Investment Team
Joined 2040 Ventures in October 2020, made Principal in March 2022. Previously investment manager at NZTE and Director of Project and Acquisition Finance at Westpac.
Jez Weston
Investment Team Member
Investment Team
Ph.D. in Engineering from Cambridge University, BEng in Materials Science, GradDipComm in Economics. 15 years experience in policy and climate advice with Royal Society, MPI, and MBIE.
Rohan MacMahon
Investment Team Member
Investment Team
BEcon and LLB from Sydney University. 25 years experience as management consultant, strategic planner, and corporate executive.
Cormac O'Brien
Investment Team Member
Investment Team
Joined 2040 Ventures after spending three years working with Snowball Effect to raise growth capital for Kiwi companies.
Get Started
Quick Info
Frequently Asked Questions
What is 2040 Ventures?
Evergreen venture capital fund and climate tech specialist with proven track record
Where is 2040 Ventures based?
2040 Ventures is based in Auckland. New Zealand-domiciled funds are subject to the Financial Markets Conduct Act 2013 (FMCA) and oversight by the Financial Markets Authority (FMA).
Is 2040 Ventures registered with the FMA?
2040 Ventures is registered on the FMA's Financial Service Providers Register (FSPR) under FSP288485 and holds NZBN 9429030274563. FSPR registration is a legal requirement for entities providing financial services in New Zealand and does not itself constitute an endorsement. Verify current standing at the FSP register before investing.
How long has 2040 Ventures been operating?
2040 Ventures was established in 2013 and has a 12-year track record. Past performance and operational history are not reliable indicators of future returns — review the fund's Information Memorandum and audited financial statements before investing.
How much capital does 2040 Ventures manage?
2040 Ventures reports assets under management of approximately NZD $110.0 million as last published. AUM figures are sourced from the manager's own disclosures and may include committed-but-uncalled capital depending on definition — confirm the basis with the manager directly.
What funds does 2040 Ventures manage?
2040 Ventures currently lists 2 funds on Wholesale Investor NZ, of which 1 is evergreen (permanently open for subscription rather than time-bounded vintages). 2 funds are flagged as Active Investor Plus (AIP) visa eligible per NZTE's Acceptable Managed Funds criteria.
What is the minimum investment in 2040 Ventures's funds?
Minimum investments across 2040 Ventures's currently listed offers range from NZ$100K. Minimums are set per offer and may change for new vintages — confirm the current minimum in the offer's Information Memorandum. Wholesale-only offers also require self-certification under FMCA Schedule 1 before subscription.
Are 2040 Ventures's funds eligible for the Active Investor Plus (AIP) visa?
2040 Ventures is flagged as AIP-approved on Wholesale Investor NZ, with 2 funds carrying the NZTE-pre-approved AIP eligibility marker. AIP visa applicants must invest at least NZ$5 million in Growth Category investments held for 36 months (or NZ$10 million Balanced held for 60 months) per Immigration New Zealand's current rules. Eligibility determination sits with NZTE + Immigration NZ — confirm against the live NZTE Acceptable Managed Funds list before relying on this classification.