Venture capital firms in New Zealand:Which are most popular?
In October 2026, Icehouse Ventures was the most searched venture capital firm in New Zealand, accounting for 46.7% of all searches among the nine firms tracked by the Brandwave Brand Demand Index. When we checked with ChatGPT and Google AI Overviews, Icehouse Ventures was mentioned most often, in four of the five answers. Icehouse Ventures was recommended most often, coming first in all three responses that gave a list.
Icehouse VenturesShare of searches 46.7%Mentioned in 4 of 5 AI answersPlace in AI recommendations 1st
Outset VenturesShare of searches 19.5%Mentioned in 3 of 5 AI answersPlace in AI recommendations 5th
Altered CapitalShare of searches 7.6%Mentioned in 1 of 5 AI answersPlace in AI recommendations 7th
MovacShare of searches 7.6%Mentioned in 3 of 5 AI answersPlace in AI recommendations 3rd
Bridgewest VenturesShare of searches 5.4%Mentioned in 0 of 5 AI answersPlace in AI recommendations –
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Top venture capital firms in ChatGPT and Google AI Overviews
In Brandwave's three ChatGPT questions and two Google AI Overviews, Icehouse Ventures was mentioned most often, in four of the five answers. Icehouse Ventures was recommended most often, coming first in all three answers that gave a list. Blackbird Ventures was second, and Movac was third. Bridgewest Ventures, which ranked fifth in searches, was not mentioned at all.
Most recommended by AI
Brands get a higher ranking if they are mentioned earlier in the answers.
Mentioned by AI
Each dot is one answer, filled in when that answer mentions the brand.
Icehouse Ventures4 of 5Named in 3 of 3 ChatGPT answersNamed in 1 of 2 Google answers
Outset Ventures3 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Movac3 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Blackbird Ventures3 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers
GD13 of 5Named in 3 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Pacific Channel2 of 5Named in 2 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Altered Capital1 of 5Named in 1 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Bridgewest Ventures0 of 5Named in 0 of 3 ChatGPT answersNamed in 0 of 2 Google answers
Punakaiki Fund0 of 5Named in 0 of 3 ChatGPT answersNamed in 0 of 2 Google answers
See every answer about venture capital firms
5 answers
Asked ChatGPT
“Which venture capital firm should I hire in New Zealand?”
Asked ChatGPT
“What are the best venture capital firms in New Zealand?”
Asked ChatGPT
“What's the best venture capital firm in New Zealand for startup funding?”
Searched Google, AI Overview
“venture capital firms”
Searched Google, AI Overview
“seed funding nz”
Not named in any answer:
Brands are shown in the order each answer named them. The survey took place in New Zealand on October 21, 2026.
Which venture capital firms do people search for most?
This chart shows how often people search Google for each venture capital firm by name. Each line represents a brand's share of searches for all nine venture capital firms we track, month by month, from searches in New Zealand.
Share of searches by month for Icehouse Ventures, Outset Ventures, Altered Capital, Movac, Bridgewest Ventures, Blackbird Ventures, GD1, Pacific Channel, Punakaiki Fund. The figures are in the table below the chart.
View monthly share of searches table
| Month | Icehouse Ventures | Outset Ventures | Altered Capital | Movac | Bridgewest Ventures | Blackbird Ventures | GD1 | Pacific Channel | Punakaiki Fund |
|---|---|---|---|---|---|---|---|---|---|
| Nov 2025 | 41.9% | 19.4% | 8.6% | 8.6% | 5.5% | 4.6% | 3.1% | 3.7% | 4.6% |
| Dec 2025 | 44.4% | 16.4% | 7.2% | 10.9% | 4.8% | 4.8% | 3.1% | 4.8% | 3.8% |
| Jan 2026 | 48% | 14.4% | 9.6% | 6.3% | 4.8% | 5.1% | 3.3% | 4.2% | 4.2% |
| Feb 2026 | 40% | 15.2% | 15.2% | 4.4% | 5.5% | 5.5% | 4.4% | 4.4% | 5.5% |
| Mar 2026 | 36.7% | 19.3% | 11.4% | 7.5% | 7.3% | 6.2% | 5% | 3.3% | 3.3% |
| Apr 2026 | 43.9% | 16.6% | 13.6% | 6% | 5.3% | 4.8% | 3.2% | 3.2% | 3.2% |
| May 2026 | 46.8% | 19.5% | 9.4% | 6.2% | 4.9% | 3.3% | 3.3% | 3.3% | 3.3% |
| Jun 2026 | 39.8% | 18.4% | 8.2% | 12.4% | 6.5% | 4.4% | 4.4% | 2.9% | 2.9% |
| Jul 2026 | 40.3% | 21.2% | 8.3% | 8.3% | 4.9% | 4.5% | 4.5% | 3.6% | 4.5% |
| Aug 2026 | 45.3% | 16.6% | 7.4% | 6% | 3.4% | 4.9% | 11.1% | 2.6% | 2.6% |
| Sep 2026 | 41.6% | 19.3% | 8.5% | 8.5% | 5% | 5.7% | 5.7% | 3.7% | 2% |
| Oct 2026 | 46.7% | 19.5% | 7.6% | 7.6% | 5.4% | 5.1% | 3.3% | 2.7% | 2.1% |
| Rank | Brand | Share of searches | Estimated monthly branded searches | vs prior month | Share change |
|---|---|---|---|---|---|
| 1, held 1st | 46.7% | 2.4K | +26.3% | +5.1 points | |
| 2, held 2nd | 19.5% | 1K | +13.6% | +0.2 points | |
| 3, held 3rd | 7.6% | 390 | 0% | -0.9 points | |
| 4, held 4th | 7.6% | 390 | 0% | -0.9 points | |
| 5, moved from 7th to 5th | 5.4% | 280 | +21.7% | +0.4 pointsmoved from 7th to 5th | |
| 6, moved from 5th to 6th | 5.1% | 260 | 0% | -0.6 pointsmoved from 5th to 6th | |
| 7, moved from 6th to 7th | 3.3% | 170 | -34.6% | -2.4 pointsmoved from 6th to 7th | |
| 8, held 8th | 2.7% | 140 | -17.6% | -1 points | |
| 9, held 9th | 2.1% | 110 | +22.2% | +0.2 points |
46.7%
Held 1st. 2.4K estimated branded searches, +26.3% vs prior month. Share +5.1 points.
19.5%
Held 2nd. 1K estimated branded searches, +13.6% vs prior month. Share +0.2 points.
7.6%
Held 3rd. 390 estimated branded searches, 0% vs prior month. Share -0.9 points.
4.
Movac7.6%
Held 4th. 390 estimated branded searches, 0% vs prior month. Share -0.9 points.
5.4%
Moved from 7th to 5th. 280 estimated branded searches, +21.7% vs prior month. Share +0.4 points.
5.1%
Moved from 5th to 6th. 260 estimated branded searches, 0% vs prior month. Share -0.6 points.
7.
GD13.3%
Moved from 6th to 7th. 170 estimated branded searches, -34.6% vs prior month. Share -2.4 points.
2.7%
Held 8th. 140 estimated branded searches, -17.6% vs prior month. Share -1 points.
2.1%
Held 9th. 110 estimated branded searches, +22.2% vs prior month. Share +0.2 points.
Which brand is most popular in search among venture capital firms in New Zealand?
9 brands
In October 2026, Icehouse Ventures was the most searched among venture capital firms in New Zealand, with an estimated 2.4K branded searches, 46.7% of all searches for the nine tracked by the Brandwave Brand Demand Index. Outset Ventures is in 2nd place, 27.2 percentage points behind at 19.5%.
| Brand | Share of searches | Peak | Low | Rank |
|---|---|---|---|---|
| 41.9% → 46.7% | 48%Jan 2026 | 36.7%Mar 2026 | 1st | |
| 19.4% → 19.5% | 21.2%Jul 2026 | 14.4%Jan 2026 | 2nd | |
| 8.6% → 7.6% | 15.2%Feb 2026 | 7.2%Dec 2025 | 3rd | |
| 8.6% → 7.6% | 12.4%Jun 2026 | 4.4%Feb 2026 | 4th | |
| 5.5% → 5.4% | 7.3%Mar 2026 | 3.4%Aug 2026 | 5th | |
| 4.6% → 5.1% | 6.2%Mar 2026 | 3.3%May 2026 | 6th | |
| 3.1% → 3.3% | 11.1%Aug 2026 | 3.1%Dec 2025 | 9th → 7th | |
| 3.7% → 2.7% | 4.8%Dec 2025 | 2.6%Aug 2026 | 8th | |
| 4.6% → 2.1% | 5.5%Feb 2026 | 2%Sep 2026 | 7th → 9th |
Each finding as a sentence
- Across the 12 months ending October 2026, Icehouse Ventures’ share of searches among venture capital firms in New Zealand increased from 41.9% to 46.7%.
- Across the 12 months ending October 2026, Altered Capital’s share of searches among venture capital firms in New Zealand decreased from 8.6% to 7.6%.
- Across the 12 months ending October 2026, Movac’s share of searches among venture capital firms in New Zealand decreased from 8.6% to 7.6%.
- Across the 12 months ending October 2026, Pacific Channel’s share of searches among venture capital firms in New Zealand decreased from 3.7% to 2.7%.
- Across the 12 months ending October 2026, Punakaiki Fund’s share of searches among venture capital firms in New Zealand decreased from 4.6% to 2.1%.
- Across the 12 months ending October 2026, Icehouse Ventures’ share of searches among venture capital firms in New Zealand peaked at 48% in January 2026 and was lowest at 36.7% in March 2026.
- Across the 12 months ending October 2026, Outset Ventures’ share of searches among venture capital firms in New Zealand peaked at 21.2% in July 2026 and was lowest at 14.4% in January 2026.
- Across the 12 months ending October 2026, Altered Capital’s share of searches among venture capital firms in New Zealand peaked at 15.2% in February 2026 and was lowest at 7.2% in December 2025.
- Across the 12 months ending October 2026, Movac’s share of searches among venture capital firms in New Zealand peaked at 12.4% in June 2026 and was lowest at 4.4% in February 2026.
- Across the 12 months ending October 2026, Bridgewest Ventures’ share of searches among venture capital firms in New Zealand peaked at 7.3% in March 2026 and was lowest at 3.4% in August 2026.
- Across the 12 months ending October 2026, Blackbird Ventures’ share of searches among venture capital firms in New Zealand peaked at 6.2% in March 2026 and was lowest at 3.3% in May 2026.
- Across the 12 months ending October 2026, GD1’s share of searches among venture capital firms in New Zealand peaked at 11.1% in August 2026 and was lowest at 3.1% in December 2025.
- Across the 12 months ending October 2026, Pacific Channel’s share of searches among venture capital firms in New Zealand peaked at 4.8% in December 2025 and was lowest at 2.6% in August 2026.
- Across the 12 months ending October 2026, Punakaiki Fund’s share of searches among venture capital firms in New Zealand peaked at 5.5% in February 2026 and was lowest at 2% in September 2026.
- Across the 12 months ending October 2026, GD1 rose from 9th to 7th among venture capital firms in New Zealand.
- Across the 12 months ending October 2026, Punakaiki Fund fell from 7th to 9th among venture capital firms in New Zealand.
- Across the 12 months ending October 2026, Outset Ventures, Bridgewest Ventures and Blackbird Ventures held steady: their share of searches among venture capital firms in New Zealand each moved less than 0.5 percentage points.
How did search popularity change for New Zealand venture capital firms in October 2026?
8 changes

In October 2026, Icehouse Ventures gained share of searches among venture capital firms in New Zealand, from 41.6% to 46.7%.

In October 2026, GD1 lost share of searches among venture capital firms in New Zealand, from 5.7% to 3.3%.

In October 2026, Pacific Channel lost share of searches among venture capital firms in New Zealand, from 3.7% to 2.7%.

In October 2026, Altered Capital lost share of searches among venture capital firms in New Zealand, from 8.5% to 7.6%.

In October 2026, Movac lost share of searches among venture capital firms in New Zealand, from 8.5% to 7.6%.

In October 2026, Blackbird Ventures lost share of searches among venture capital firms in New Zealand, from 5.7% to 5.1%.

In October 2026, Bridgewest Ventures rose from 7th to 5th among venture capital firms in New Zealand.

Estimated monthly branded searches for Outset Ventures in New Zealand rose 13.6% over 12 measured months, from 880 to 1K in October 2026.
How are branded searches counted for venture capital firms?
10 search terms
Each brand's share of searches among venture capital firms comes from the terms listed under its name. When people mostly search for a brand because of something else it sells, only the searches that name this product count here.
Icehouse Ventures
1 branded search term
- icehouse ventures
Outset Ventures
1 branded search term
- outset ventures
Altered Capital
1 branded search term
- altered capital
Movac
1 branded search term
- movac
Bridgewest Ventures
2 branded search terms
- bridgewest
- bridgewest ventures
Blackbird Ventures
1 branded search term
- blackbird ventures
GD1
1 branded search term
- gd1
Pacific Channel
1 branded search term
- pacific channel
Punakaiki Fund
1 branded search term
- punakaiki fund
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