GD1 vs Punakaiki Fund:Which is more popular in New Zealand?
In October 2026, GD1 had more branded searches than Punakaiki Fund among venture capital firms in New Zealand. GD1 had about 170 branded searches, while Punakaiki Fund had 110. GD1 made up 3.3% of all venture capital firm searches we track, and Punakaiki Fund accounted for 2.1%. When we asked ChatGPT and Google AI Overviews about venture capital firms, GD1 appeared in three of the five answers and Punakaiki Fund in none.
Who do people search for more?
GD1, about 55% more searches than Punakaiki Fund
Who does AI mention more?
GD1, mentioned in 3 of 5 answers, Punakaiki Fund in 0
Who does AI recommend more?
GD1, the only one of the two named
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Top venture capital firms in ChatGPT and Google AI Overviews
In three ChatGPT questions and two Google AI Overviews, GD1 was mentioned in three out of five: in all three ChatGPT answers, but not in either of the two Google AI Overviews. Punakaiki Fund did not appear in any of the five answers.
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.
Is GD1 or Punakaiki Fund more popular in search?
This chart shows how often people search Google for GD1 and Punakaiki Fund 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 GD1, 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% |
How has branded search for GD1 and Punakaiki Fund changed in New Zealand over the last 12 months?
3 findings
- The lead changed hands once in the 12 months ending October 2026: GD1 took it in March 2026.
- Across the 12 months ending October 2026, GD1’s share of searches among venture capital firms in New Zealand moved from 3.1% to 3.3%, and its estimated monthly branded searches moved from 140 to 170.
- Across the 12 months ending October 2026, Punakaiki Fund’s share of searches among venture capital firms in New Zealand moved from 4.6% to 2.1%, and its estimated monthly branded searches moved from 210 to 110.
How did search popularity change for New Zealand venture capital firms in October 2026?
2 changes

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

Estimated monthly branded searches for Punakaiki Fund in New Zealand fell 47.6% over 12 measured months, from 210 to 110 in October 2026.
How are GD1’s and Punakaiki Fund’s branded searches counted?
2 search terms
Brandwave collects information about searches that people make online using GD1’s and Punakaiki Fund’s names. When viewed over time, estimated search volumes for these branded terms can be used to understand whether interest in the brands is growing, holding steady, or fading.
GD1
1 branded search term
- gd1
Punakaiki Fund
1 branded search term
- punakaiki fund
Other head-to-heads among venture capital firms

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Outset Ventures vs Altered Capital: compare popularity
Outset Ventures vs Movac: compare popularity

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