Country for PR: United States
Contributor: PR Newswire New York
Thursday, July 29 2021 - 00:30
AsiaNet
New Venture Capital Fund Based in New Zealand Launched by Successful U.S. Tech Executive
SAN FRANCISCO, July 29, 2021 /PRNewswire-AsiaNet/ --

Mark Bregman, a successful tech executive and entrepreneur, has launched 
Quidnet Ventures, a venture capital fund based in New Zealand and operated out 
of New Zealand, San Francisco and New York City. It focuses on 
intellectual-capital-driven companies founded by bold and courageous Kiwi 
entrepreneurs that want to take their innovations to the world.

Logo - https://mma.prnewswire.com/media/1582737/Quidnet_Ventures_Logo.jpg

Quidnet Ventures is looking to fund companies in a broad range of sectors, 
including FinTech, AgTech, manufacturing-and-engineering, Deep Tech, 
infrastructure-and-security, AI-ML, devices-electronics-robotics, health care, 
and the energy-resources-waste industries sectors.

Prior to founding Quidnet Ventures, Mark led innovation consulting at Vista 
Equity Partners; helping portfolio companies leverage innovation for growth. He 
also led corporate venture programs at three enterprise software companies 
(Symantec, Neustar, and NetApp), and co-founded an AI/ML startup, helping the 
publishing industry match readers to content.

Founder and General Partner of Quidnet Ventures, Mark Bregman, remarked, "It is 
very exciting to be launching Quidnet Ventures, which is named for a town in 
Nantucket, Massachusett that was the home of the U.S. whaling industry in the 
early 1800s, and developed close ties to New Zealand while launching the 
venture capital industry.  The fund's focus on New Zealand startups brings 
together my 30+ years of experience in the global technology industry and my 
20+ years of involvement in New Zealand. Quidnet Ventures will work with 
extraordinary Kiwi founders to help them bring their innovations to the world 
and accelerate New Zealand's emergence as a global innovation powerhouse."

Quidnet Ventures currently has a portfolio of 4 companies: Aider, a digital 
assistant for small businesses; Dawn Aerospace, a sustainable space 
transportation company; Winely, a real-time fermentation analysis company; and 
Marama Labs, a deep-tech sensor and data analytics company that develops 
advanced spectroscopy sensors for analysing the chemical composition of liquids.

Jim McLean, Managing Director of SVD Capital, commented, "I've seen an increase 
in interesting startups coming from New Zealand and many of them need help 
navigating the U.S. market.  It is good to see an early stage fund like Quidnet 
Ventures engaging with these entrepreneurs and helping them understand and 
adapt as they expand globally."

"We are proud to be co-investing via our Aspire fund alongside the likes of 
Quidnet Ventures; their venture capital fund and resources allows for global 
experience and connection opportunities that help foster Kiwi innovation," says 
Marcus Henderson, Investment Director of NZ Growth Capital Partners (NZGCP).

Venture activity in New Zealand has increased significantly in recent years, 
with more than five funds emerging in the last three years. Quidnet Ventures 
emerged as the first with a long-term connection to New Zealand, deep networks 
in the U.S., and experience as an operator in both large enterprises and 
startups.

"The New Zealand startup ecosystem is maturing quickly and new exciting 
companies are being formed every week. I'm really excited to be part of this 
and to help the Kiwi founders change the global landscape and build Aotearoa 
into an innovation nation," said Mark Bregman.

About Quidnet Ventures:
Quidnet Ventures provides unrivaled access to a global network across academia, 
government affairs, venture capital and industry. Our team has worked in 
Europe, Japan, China, India and Australia; and 20+ years in New Zealand. Our 
partners and analysts have 150+ years of total experience in the international 
technology industries. We pride ourselves in working closely with our 
entrepreneurs to help them succeed in taking Kiwi innovation to the world.

Contact:
Quidnet Ventures Media Inquiries
media@quidnetventures.com

Source - Quidnet Ventures