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.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| NovoLabs | Jun 2025 | Debt | Co-investor |
| Snap IT | May 2023 | Debt | Co-investor |
| Snap Information Technologies | May 2023 | Debt | Co-investor |
| Scapegrace Distilling Co. | Mar 2023 | Convertible Debt | Co-investor |
| Geo40 Limited | Feb 2022 | Grant | Lead |
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Key People
Erika H.
Principal Communications Advisor
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Kānoa – Regional Economic Development & Investment Unit based?
Kānoa – Regional Economic Development & Investment Unit is headquartered in Wellington, New Zealand.
When was Kānoa – Regional Economic Development & Investment Unit founded?
Kānoa – Regional Economic Development & Investment Unit was founded in 2018.
How many portfolio companies does Kānoa – Regional Economic Development & Investment Unit have?
Kānoa – Regional Economic Development & Investment Unit has 9 portfolio companies in Caplight's dataset.
What are some companies in Kānoa – Regional Economic Development & Investment Unit's portfolio?
Recent investments visible on Caplight include NovoLabs, Snap IT, Snap Information Technologies, Scapegrace Distilling Co., Geo40 Limited.
What was Kānoa – Regional Economic Development & Investment Unit's most recent investment?
Kānoa – Regional Economic Development & Investment Unit's most recent investment on Caplight was in NovoLabs in 2025.
What sectors does Kānoa – Regional Economic Development & Investment Unit focus on?
Kānoa – Regional Economic Development & Investment Unit focuses on Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Energy & Sustainability.
What company stages does Kānoa – Regional Economic Development & Investment Unit focus on?
Kānoa – Regional Economic Development & Investment Unit typically invests at the MultiStage stage.
What is Kānoa – Regional Economic Development & Investment Unit's AUM?
Kānoa – Regional Economic Development & Investment Unit's assets under management are estimated between $2.7B and $2.7B.