Active Investor Plus visa

Invest in New Zealand's future through AIP-approved investment funds

2040 Ventures manages two of New Zealand's most established investment funds. Both Punakaiki Fund and Climate Venture Capital Fund 2 are approved for the Active Investor Plus visa. Each invests in New Zealand companies with the potential for high growth, one in technology, one in climate.

Two ways in

Two funds, two different approaches

You can invest in one fund or across both. The two funds work differently, and we are clear about how.

Punakaiki Fund · technology

Patient growth capital. An existing, diversified portfolio of revenue-generating New Zealand technology companies. You can see exactly what you own before you invest. It is not a blind pool. Shares trade through regular windows on Catalist.

Climate Venture Capital Fund 2 · climate

You commit to a focused climate strategy, run by an experienced team with an independent Climate Impact Committee. Capital is deployed into emissions-reducing companies over the life of the fund.

How it works

How does the Active Investor Plus visa work?

The visa asks for a total investment of NZD $5 million in the Growth category. Two agencies are involved, and they do different things.

1

Invest New Zealand approves the funds

It approves the funds you can invest in, known as Acceptable Managed Funds. Both of our funds are on the register.

2

You invest NZD $5 million

In the Growth category, in one or both of our approved funds.

3

Immigration New Zealand processes your visa

A different agency handles the visa itself. We provide the confirmation and reporting you need.

See the Acceptable Managed Funds register
Your options

Our two funds

Punakaiki Fund

Technology

Patient growth capital: an evergreen fund holding 19 revenue-generating New Zealand technology companies, worth around $140M. Shares trade through regular windows on Catalist. Approved as an Acceptable Managed Fund for the AIP visa.

Visit Punakaiki Fund →
Climate Venture Capital Fund

Climate

New Zealand's specialist climate fund. It invests in companies that reduce emissions across Australasia, from pre-commercial to growth stage. An independent Climate Impact Committee verifies every investment. Fund 2 is approved for the AIP visa.

Visit Climate VC Fund →
Why 2040 Ventures

Why invest with us

Two trusted funds

Invest across technology and climate to diversify your risk and your potential return.

Transparency

Regular updates and detailed reports. Punakaiki Fund publishes its net asset value every month.

Proven track record

For more than 12 years, 2040 Ventures has backed iconic Kiwi ventures.

Measured impact

Climate Venture Capital Fund reports measurable emissions reductions alongside performance.

Questions

Frequently asked questions

Are these funds approved for the Active Investor Plus visa?
Yes. Both Punakaiki Fund and Climate Venture Capital Fund 2 are approved Acceptable Managed Funds in the Growth category.
What is the minimum investment?
Punakaiki Fund has a minimum of NZD $50,000. Climate Venture Capital Fund 2 has a minimum of NZD $100,000. The AIP visa itself asks for a total of NZD $5 million in the Growth category.
How is climate impact verified?
Climate Venture Capital Fund has an independent Climate Impact Committee. It reviews and validates every investment.
When can I expect returns?
Venture capital is a long-term investment. Returns usually take several years to materialise.
Get in touch

Speak to our investment team

If you are exploring the Active Investor Plus visa, we can help. Tell us about your situation, and we will explain how each fund works. We work with you and your advisers.