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Kānoa – Regional Economic Development & Investment Unit

Kānoa – Regional Economic Development & Investment Unit

Overview

Kānoa – Regional Economic Development & Investment Unit is the New Zealand government's investment unit focused on regional economic development, operating within the Ministry of Business, Innovation and Employment (MBIE). It manages various government funds, providing loans, equity, and grants to support regional businesses, infrastructure projects, and communities to grow and develop.

Year Founded

2018

Portfolio Companies

9

Investments

Kānoa – Regional Economic Development & Investment Unit investments
CompanyDateStageLead
NovoLabsJun 2025DebtCo-investor
Snap ITMay 2023DebtCo-investor
Snap Information TechnologiesMay 2023DebtCo-investor
Scapegrace Distilling Co.Mar 2023Convertible DebtCo-investor
Geo40 LimitedFeb 2022GrantLead

Key People

Erika H.

Principal Communications Advisor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersWellington
Year Founded2018

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