Punakaiki Fund open for applications

Punakaiki Fund open for applications

The Punakaiki Fund, established to support early stage growth companies in the tech sector, has opened for investment applications.

Principals Lance Wiggs and Chris Humphreys are touring the country this month, offering to present and answer questions from potential investors in private and public forums. They're starting in Invercargill and heading north to Queenstown and Wanaka later this week.

“As we travel the country we continue to see strong support from potential investors, and also even more evidence that there are a very large number of potentially investable opportunities across New Zealand,” says Wiggs.

The roadshow dates can be seen at www.punakaikifund.co.nz/Roadshow.

The fund says it wants to raise at least $20 million to make long term investments in growth companies. The minimum investment is 2000 shares, with a price of $1 each.