The Bulletin


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GD1's Fund 3 first close raises $130M for NZ's most ambitious and globally minded startups; more than double its original first close target

  • Written by PR Newswire
GD1's Fund 3 first close raises $130M for NZ's most ambitious and globally minded startups; more than double its original first close target

AUCKLAND, New Zealand, Aug. 18, 2021 /PRNewswire/ -- New Zealand venture capital firm Global From Day 1 (GD1) has announced the first close of its Fund 3, over target at $130 million. A final round close is targeted at $160m.

Fund investment was led by large institutional funds and top tier investors (including private wealth platforms and...