Investor Type | Firm |
Type of Fund | VC |
Industries | HealthTech (& Fitness) • Food & Beverage • Impact • Medical Devices (& Hospital Services) • Healthcare (& Wellness) • Consumer • Woman Focused |
Stages | Seed,Series A, Series B |
Investing | United States • Singapore • New Zealand • Thailand • Indonesia |
Investment Range | $500,000 - $4,000,000 |
Investment Sweet Spot | $2,000,000 |
Covalent Ventures is a venture capital firm based in Auckland, New Zealand, with a primary focus on investing in the health and wellness sectors. They target companies that are in the growth stage and are post-revenue, especially those with the potential to scale and become significant players in major global markets. With an investment range of NZD 500,000 to NZD 4,000,000 and a sweet spot of around NZD 2,000,000, Covalent Ventures provides support for businesses at the Seed, Series A, and Series B stages. The firm specializes in the HealthTech, Fitness, Food & Beverage, Impact, Medical Devices, Hospital Services, Healthcare, Wellness, and Consumer sectors while also nurturing woman-focused initiatives. They are not interested in the preclinical drug development stage. Covalent Ventures prides itself on a combined sector experience of over 50 years among their team, which aids in accessing green and brownfield markets to achieve growth, sometimes up to at least 17 times the original size. Their commitment to responsible investments is reflected in their focus on advancing health and fostering global impact through their portfolio companies. They assist these companies by leveraging their extensive experience across various related sectors including food systems, nutrition, biotech, pharmaceuticals, medical devices, digital health, healthcare systems, novel ingredients, consumer packaged goods, and other allied sectors. The team's deep sector knowledge and global networks provide portfolio companies with what Covalent refers to as an 'immediate unfair advantage.' The firm's founders and advisors bring international business expertise from previous entrepreneurial ventures, board memberships, and significant roles across the healthcare, consumer, food, and life sciences industries.
We invest in New Zealand companies with revenue. Covalent Ventures is a Series A Health & Wellness venture fund actively working with companies to scale and play in major global markets. The team has over 50 combined years of sector experience in scaling high-growth companies and accessing green and brownfield markets generating growth of at least 17x.