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GD1 Core Fund II

vc$90MCo-investsLeads rounds

◆ Fund Size

$90M

◆ Check Size

$0.5M→$2.0M

◆ Location

New Zealand

◆ Portfolio

40 companies

◆ Activity

Statusraising

◆ Links

◆ Share this fund

◆ Investment Thesis

GD1 backs New Zealand founders building category-defining companies that can win in the world's biggest markets. The firm invests with deep conviction before it is obvious, from first cheque to global scale, across five theses spanning hardware, health, frontier technology, software, and financial infrastructure. GD1 believes New Zealand is one of the most capital-efficient places on earth to build a global technology company, and that the constraints of building there — a small domestic market, distance from capital, a lean talent pool — produce companies that are more disciplined, capital-efficient, and globally oriented from day one.

◆ About GD1

A $150 million NZD early-stage venture fund investing in New Zealand companies across frontier energy and industry, new space economy, human health re-engineered, next-gen AI software, and financial infrastructure.

◆ Sectors

Space TechAI Frontier ModelsClean EnergyBiotech

◆ Stages

pre-seedseedseries-aseries-b

◆ Geography Focus

New ZealandUnited StatesJapanSingapore

◆ Team

NameTitleRoleLinks
Jin BudelmannHead of Data + AISenior
Aaron SmallPartnerPartnerin
Catherine YoungOperations ManagerManagerin
Doug BohaboyGo-To-Market PrincipalPrincipalin𝕏
Heather GadonPartner—
John KellsCo-Managing PartnerPartnerin
Jonathan TanInvestment AssociateAssociatein
Nawaz AhmedGeneral Partner - CryptoPartnerin
Tracy HanOperations CoordinatorCoordinatorin
Vignesh KumarCo-Managing PartnerPartnerin

◆ Notable Investments

AurorDawn AerospaceFormus LabsFoundryLabAlimetryEasy CryptoImmersveVessevType One EnergyZenno AstronauticsOutlier SpaceAtomic TessellatorIvoVXTRunnLayer3Caruso

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does GD1 Core Fund II invest in?

GD1 Core Fund II invests in Space Tech, AI Frontier Models, Clean Energy and Biotech at the pre-seed, seed, series-a and series-b stages.

Which geographies does GD1 Core Fund II focus on?

GD1 Core Fund II focuses on New Zealand, United States, Japan and Singapore, and is headquartered in New Zealand.

What is GD1 Core Fund II's typical check size?

GD1 Core Fund II typically writes checks of $0.5M to $2M.