Very-early-stage businesses often rely on family and friends to get started.
Angel groups: Groups of individual investors keen to invest in startups and early-stage businesses. There are about 15 Angel groups in NZ.
Government fund, NZ Growth Capital Partners, (formerly New Zealand Venture Investment Fund) has developed a Seed Co-Investment Fund to support growth of new tech companies.
Later-stage investment may come from overseas venture capital firms and funds that leverage NZ networks.