# New Zealand Government

> New Zealand Government is a VC fund in Wellington backing Health Care and Medical Device. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Wellington, New Zealand
- Total investments: 5
- Last investment: Jul 2026
- Lead investor: 60%
- Last updated: Aug 2026
- Website: https://x.com/govtnz
- Facebook: https://www.facebook.com/newzealandgov

New Zealand Government is a guide to find and use government services.

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $1.2M–$35M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 2 | 40% |
| Medical Device | 2 | 40% |
| SaaS | 1 | 20% |
| AgTech | 1 | 20% |
| Consulting | 1 | 20% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 4 | 80% |
| Debt Financing | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Golden Bay Cement | Golden Bay Cement manufactures and supplies cement, aggregates, and ready-mix concretes for various construction projects. | $35.1M | Grant | Jul 20, 2026 |  |
| Tend Health | Tend Health provides various types of Health Care services by providing an easy to use application. | $1.2M | Grant | Jun 06, 2025 |  |
| Toku Eyes | Toku Eyes creates diagnostic and screening tools to eliminate doctors' preventable health and vision deterioration. The company's tools provide a collection of artificial intelligence engines, each specialized in using a different imaging modality for diagnostics, prognostics, or health assessment purposes, allowing clinicians to aid inthe prevention of diabetes and preventable blindness. | $2.5M | Grant | Sep 30, 2024 |  |
| Scapegrace Distilling Co. | Scapegrace Distilling is a premium gin, vodka, and whisky distillers. Scapegrace Distilling was founded by Daniel McLaughlin and Mark Neal. | $1.8M | Debt Financing | Mar 22, 2023 |  |
| Onside | Onside is a complete rural site management solution that will help keep you growing, no matter what you’re growing. Onside understand how tough it is to balance dirty hands out in the field with all those management tasks. Especially when the tools you’re using are about as effective as digging a field with a toothpick. We thought there must be abetter way. Onside had more than a few over-the-fence yarns with farmers, growers, contractors and managers to discover what would make their lives easier. Then we got our tech on to create a single tool to manage safety, operations and communications. | $2.6M | Grant | Jun 01, 2022 |  |

5 of 5 investments shown.

## Co-investors
- [Callaghan Innovation](https://shizune.co/investors/profile/callaghan-innovation) — VC Fund, 1 deal together
- [Immigration New Zealand](https://shizune.co/investors/profile/immigration-new-zealand) — VC Fund, 1 deal together

## Similar investors

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### Similar stage
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### Similar country
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## Featured in investor lists
- [Food and Beverage Investors in New Zealand](https://shizune.co/investors/food-and-beverage-investors-new-zealand)
- [Food and Beverage VC Funds in New Zealand](https://shizune.co/investors/food-and-beverage-vc-funds-new-zealand)
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- [Gaming VC Funds in New Zealand](https://shizune.co/investors/gaming-vc-funds-new-zealand)

## FAQ

### What does New Zealand Government invest in?

New Zealand Government invests primarily in Health Care, Medical Device and SaaS startups, most often at Grant and Debt Financing stage. Most of the 5 investments tracked by Shizune back companies in New Zealand. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is New Zealand Government's check size?

New Zealand Government typically joins rounds of $1.2M–$35M at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds New Zealand Government participates in.

### When did New Zealand Government last invest?

The most recent investment recorded for New Zealand Government closed in Jul 2026. Shizune tracks 5 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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