Icehouse Ventures
VC Fund Manager based in Auckland
Key Facts
- Provider type
- VC Fund Manager
- Headquarters
- Auckland
- Established
- 2001 (23 yrs)
- FSP number
- FSP18944 ↗
- NZBN
- 9429033908489 ↗
- AIP status
- Approved
- Open offers
- 1 open / 3 total
- Funds listed
- 3
- Website
- www.icehouseventures.co.nz
Last reviewed: 12 July 2026
About Icehouse Ventures
Icehouse Ventures is an Auckland-based early-stage venture capital firm investing in New Zealand-founded technology companies. This directory records more than NZ$750 million in assets under management, over NZ$488 million in total funds raised, more than 340 portfolio companies and an investor base of roughly 2,000. The firm's history in this directory dates from 2001; it is a registered financial service provider (FSP18944) with NZBN 9429033908489. Three Icehouse Ventures funds are listed on Wholesale Investor, all structured as limited partnerships for wholesale investors. Icehouse Ventures Growth Fund III (recorded fund size NZ$150 million) invests in New Zealand-founded technology companies raising growth-stage capital from Series A through Series D+, targeting a diversified portfolio of 20-30 companies across hardware, software, deep-tech, agritech and AI. The IV Sustainable Technology Fund (NZ$35 million) targets 20-40 seed-stage technology companies amplifying global sustainability. Icehouse Ventures Seed Fund IV LP (NZ$50 million) invests in around 30 high-growth technology companies from pre-seed to pre-Series A. On the NZTE Acceptable Managed Funds list for the Active Investor Plus (AIP) visa (dated 15 June 2026), Growth Fund III was added 25 May 2026 and the IV Sustainable Technology Fund on 11 April 2024; both are recorded here under the AIP Growth category. Seed Fund IV appeared on earlier editions of the list but is not on the current one. Key people recorded in this directory include Robbie Paul (CEO), partners Jack McQuire, Barnaby Marshall, Jo Wickham and Jason Wang, and CFO Scott Turner. Offers of interests in the funds are made to wholesale investors under the Financial Markets Conduct Act 2013 (Schedule 1) via the manager's own offer documents.
Location
Auckland
Established
2001
23 years track record
AIP Approved
Eligible for Active Investor Plus visa
Funds Managed (3)
IV Sustainable Technology Fund
20-40 impact seed stage technology companies amplifying global sustainability
Icehouse Ventures Seed Fund IV LP
~30 of NZ's leading high-growth technology companies at pre-seed to pre-Series A
Icehouse Ventures Growth Fund III
Invests in New Zealand-founded technology companies raising growth-stage capital (Series A through Series D+), targeting a diversified portfolio of 20-30 high-growth companies across hardware, software, deep-tech, agritech and AI.
Open Funds & Active Offers(3)
IV Sustainable Technology Fund
Investing20-40 of NZ's leading impact seed stage technology companies amplifying global sustainability
Icehouse Ventures Seed Fund IV LP
Closed~30 of NZ's leading high-growth technology companies at pre-seed to pre-Series A stages
Icehouse Ventures Growth Fund III
OpenGrowth-stage venture fund backing New Zealand-founded technology companies raising Series A through D+ capital. Target fund size $150M+; minimum investment $50,000 across four tranches; 10-year limited partnership. Wholesale investors only.
Key People (15)
Robbie Paul
CEO
Leadership
Has been with Icehouse Ventures from its angel network, to its first fund, to over $500m in FUM. Joined in 2008.
Jack McQuire
Partner
Leadership
Drawn to the optimism of founders tackling seemingly insurmountable global problems, a three-month internship has become a career spanning over a decade. Joined in 2013.
Barnaby Marshall
Partner
Leadership
Involved in the NZ startup ecosystem for over a decade as both founder and investor, supporting early-stage entrepreneurs to achieve global scale. Joined in 2017.
Jo Wickham
Partner
Leadership
Former private equity/corporate lawyer at London Magic Circle and Auckland firms; senior executive at globally listed NZ tech company and data-driven marketing startup. Joined in 2021.
Jason Wang
Partner
Leadership
EHF fellow who raised his first fund in 2016; established Chinese investor community and positioning the firm's diverse investor network. Joined in 2015.
Tim Brown
Venture Partner
Leadership
Allbirds co-founder and former All Whites captain bringing startup experience to Kiwi founders. Joined in 2024.
Tom Furlong
Venture Partner
Leadership
15 years in Silicon Valley corporate law; 15 years as VC at Granite Ventures with $1b FUM and unicorn portfolio. Joined in 2017.
Peter Thomson
CTO
Leadership
Built product and marketing for startups in New York and London; former private equity and venture capital lawyer with fintech passion. Joined in 2019.
Scott Turner
CFO
Leadership
Previously at Deloitte NZ and investment broking in London; exited his own startup before joining. Joined in 2016.
Matt Gunn
COO
Leadership
Former COO and Head of Growth at scaling retail and open data startups; raised over $30m for IV funds. Joined in 2020.
Mason Bleakley
Principal
Investment Team
Joined at age 19; raised over $30m in venture funds and helped launch First Cut, a $5.2m fund for founders under 30. Joined in 2017.
Steph Benseman
Principal and Head of Portfolio Services
Investment Team
Designed and delivered accelerators for startups and corporate innovation before joining. Joined in 2021.
Christine Jensen
Head of Marketing
Operations
Early marketer at two NZ fintech startups; expertise in content, comms, and brand elevation. Joined in 2025.
Becca Gaunt
Senior Legal Counsel
Operations
International VC experience from top-tier UK VC law firm and in-house counsel at European/US-focused VC. Joined in 2024.
Felicity Richards
Business Support Manager
Operations
Extensive Navy career; finance experience at London PE and asset management firms; supports international growth. Joined in 2023.
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Frequently Asked Questions
What is Icehouse Ventures?
Icehouse Ventures is an Auckland-based early-stage venture capital firm investing in New Zealand-founded technology companies. This directory records more than NZ$750 million in assets under management, over NZ$488 million in total funds raised, more than 340 portfolio companies and an investor base of roughly 2,000. The firm's history in this directory dates from 2001; it is a registered financial service provider (FSP18944) with NZBN 9429033908489. Three Icehouse Ventures funds are listed on Wholesale Investor, all structured as limited partnerships for wholesale investors. Icehouse Ventures Growth Fund III (recorded fund size NZ$150 million) invests in New Zealand-founded technology companies raising growth-stage capital from Series A through Series D+, targeting a diversified portfolio of 20-30 companies across hardware, software, deep-tech, agritech and AI. The IV Sustainable Technology Fund (NZ$35 million) targets 20-40 seed-stage technology companies amplifying global sustainability. Icehouse Ventures Seed Fund IV LP (NZ$50 million) invests in around 30 high-growth technology companies from pre-seed to pre-Series A. On the NZTE Acceptable Managed Funds list for the Active Investor Plus (AIP) visa (dated 15 June 2026), Growth Fund III was added 25 May 2026 and the IV Sustainable Technology Fund on 11 April 2024; both are recorded here under the AIP Growth category. Seed Fund IV appeared on earlier editions of the list but is not on the current one. Key people recorded in this directory include Robbie Paul (CEO), partners Jack McQuire, Barnaby Marshall, Jo Wickham and Jason Wang, and CFO Scott Turner. Offers of interests in the funds are made to wholesale investors under the Financial Markets Conduct Act 2013 (Schedule 1) via the manager's own offer documents.
Where is Icehouse Ventures based?
Icehouse 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 Icehouse Ventures registered with the FMA?
Icehouse Ventures is registered on the FMA's Financial Service Providers Register (FSPR) under FSP18944 and holds NZBN 9429033908489. 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 Icehouse Ventures been operating?
Icehouse Ventures was established in 2001 and has a 23-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 Icehouse Ventures manage?
Icehouse Ventures reports assets under management of approximately NZD $750.0 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 Icehouse Ventures manage?
Icehouse Ventures currently lists 3 funds on Wholesale Investor NZ. 2 funds are flagged as Active Investor Plus (AIP) visa eligible per NZTE's Acceptable Managed Funds criteria.
What is the minimum investment in Icehouse Ventures's funds?
Minimum investments across Icehouse Ventures's currently listed offers range from NZ$50K. 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 Icehouse Ventures's funds eligible for the Active Investor Plus (AIP) visa?
Icehouse 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.