# Mark Stuart

> Mark Stuart is a seed investor at Movac backing Software, SaaS and E-Commerce. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Movac](https://shizune.co/investors/profile/movac)
- Total investments: 9
- Last investment: Feb 2024
- Lead investor: 67%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/mark-stuart-8a2307

Mark Stuart is a seed investor at Movac focused on Software and SaaS. Mark Stuart is based out of Waikato and is the partner of Movac. Mark previously worked at WaikatoLink as a CEO. Mark Stuart attended the University of Otago.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 4 | 44% |
| SaaS | 2 | 22% |
| E-Commerce | 2 | 22% |
| Transportation | 2 | 22% |
| Retail | 1 | 11% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 22% |
| Series A | 2 | 22% |
| Funding Round | 2 | 22% |
| Series C | 1 | 11% |
| Series D | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Miruku | Miruku is a molecular farming dairy startup developing advanced dairy proteins through plant technologies that hold the potential to produce animal-free milk proteins cost-effectively. | $4.9M | Seed | Feb 18, 2024 |  |
| Dawn Aerospace | Based in New Zealand and the Netherlands, Dawn Aerospace is building same-day reusable launch vehicles and non-toxic satellite propulsion systems.Same-day Reusable Launch Vehicles that do not require specialised space-launch infrastructure, integrate with everyday aircraft in nearby airspace and launch as often and routinely as commercialaviation.Non-toxic high performance propulsion systems for satellites of all sizes. For small satellites, they simplify systems and replace the poisonous and highly-regulated fuel, hydrazine. For CubeSats, they increase capabilities by supplying 1,000x higher performance than electric-based propulsion systems.By building these technologies in tandem, Dawn is creating the end-to-end architecture required for delivering, positioning and returning spacecraft in a highly scalable and environmentally conscious way. | $12.7M | Series A | Dec 07, 2022 |  |
| ZeroJet | ZeroJet is an electric jet propulsion systems developing company for boats. They develop jet propulsion for the marine industry's transition to sustainable energy with electric jet propulsion systems. |  | Series A | Jul 04, 2022 |  |
| Miruku | Miruku is a molecular farming dairy startup developing advanced dairy proteins through plant technologies that hold the potential to produce animal-free milk proteins cost-effectively. | $2.4M | Seed | Mar 21, 2022 |  |
| Dawn Aerospace | Based in New Zealand and the Netherlands, Dawn Aerospace is building same-day reusable launch vehicles and non-toxic satellite propulsion systems.Same-day Reusable Launch Vehicles that do not require specialised space-launch infrastructure, integrate with everyday aircraft in nearby airspace and launch as often and routinely as commercialaviation.Non-toxic high performance propulsion systems for satellites of all sizes. For small satellites, they simplify systems and replace the poisonous and highly-regulated fuel, hydrazine. For CubeSats, they increase capabilities by supplying 1,000x higher performance than electric-based propulsion systems.By building these technologies in tandem, Dawn is creating the end-to-end architecture required for delivering, positioning and returning spacecraft in a highly scalable and environmentally conscious way. |  |  | May 27, 2021 |  |
| Dawn Aerospace | Based in New Zealand and the Netherlands, Dawn Aerospace is building same-day reusable launch vehicles and non-toxic satellite propulsion systems.Same-day Reusable Launch Vehicles that do not require specialised space-launch infrastructure, integrate with everyday aircraft in nearby airspace and launch as often and routinely as commercialaviation.Non-toxic high performance propulsion systems for satellites of all sizes. For small satellites, they simplify systems and replace the poisonous and highly-regulated fuel, hydrazine. For CubeSats, they increase capabilities by supplying 1,000x higher performance than electric-based propulsion systems.By building these technologies in tandem, Dawn is creating the end-to-end architecture required for delivering, positioning and returning spacecraft in a highly scalable and environmentally conscious way. |  | Seed | May 27, 2021 |  |
| Unleashed Software | Supply, production, inventory and sales software with exceptional product and customer focus | $7M | Series C | Oct 03, 2017 |  |
| Vend | Vend is web-based point-of-sale and retail management software. Vend allows real-world retail store owners or managers to have full visibility and centralized control of one to many retail stores.Vend runs in the browser and supports full online and offline modes. Even though Vend is web-based it works offline, so users can keep making salesif the internet drops out.Vend integrates seamlessly with other web applications used to run retail stores, like accounting, eCommerce, appointment scheduling, and others.The Vend platform is subscription-based, never requires backups or upgrades and lets retailers get on with running their retail enterprise instead of worrying about their IT infrastructure. | $8M | Series D | Dec 22, 2016 |  |
| ParkHelp | ParkHelp offers transportation solutions in the form of parking guidance technology like indoor & outdoor parking sensors & digital signs. |  |  |  |  |

9 of 9 investments shown.

## Co-investors
- [Icehouse Ventures](https://shizune.co/investors/profile/icehouse-ventures) — VC Fund, 4 deals together
- [New Zealand Growth Capital Partners](https://shizune.co/investors/profile/new-zealand-growth-capital-partners) — VC Fund, 3 deals together
- [Aera VC](https://shizune.co/investors/profile/aera-vc) — VC Fund, 1 deal together
- [Better Bite Ventures](https://shizune.co/investors/profile/better-bite-ventures) — VC Fund, 1 deal together
- [Cultivate Ventures](https://shizune.co/investors/profile/cultivate-ventures) — VC Fund, 1 deal together
- [GD1 (Global From Day One)](https://shizune.co/investors/profile/global-from-day-one-fund-ii) — VC Fund, 1 deal together

## About Movac

VC Fund · Wellington, New Zealand

Movac is a venture capital company that invests in early stage technology companies. The company was founded in 1998 and is based in Wellington, New Zealand.

5 contacts available at Movac.

| Name | Title | Profile |
| --- | --- | --- |
| Andrew Tokeley | Operating Partner | https://shizune.co/investors/profile/andrew-tokeley |
| David Beard | Partner | https://shizune.co/investors/profile/david-beard |
| Mark Stuart | Partner | https://shizune.co/investors/profile/mark-stuart-3 |
| Mark Vivian | Partner | https://shizune.co/investors/profile/mark-vivian |
| Yogesh Patel | Associate | https://shizune.co/investors/profile/yogesh-patel-3 |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Mark Stuart invest in?

Mark Stuart invests primarily in Software, SaaS and E-Commerce startups, most often at Seed and Series A stage. Most of the 9 investments tracked by Shizune back companies in New Zealand. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Mark Stuart last invest?

The most recent investment recorded for Mark Stuart closed in Feb 2024. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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