PU Venture Fund 2

Accelerating first-home buyers to their deposit, faster.

‍Aera offer a range of headstarts and incentives to get people to their deposit and homeownership at life-changing pace.

The venture fund that backs companies where brand defines the winner.

‍Brand Fund 2 is a continuation of the partnership between Previously Unavailable and Icehouse Ventures, built on a single conviction: in the right company, brand isn't a cost - it's the compounding advantage that separates category leaders from the rest.

One platform bringing every employee benefit together, seamlessly.

‍Extraordinary makes employee benefits effortless — gifting, rewards, recognition, allowances, and tax-free public transport all in one place, powered by a single card and app. Simple for HR and finance teams to manage, intuitive for employees to use. Trusted by Air New Zealand, BNZ, Deloitte, KPMG, and more.

World-first green CO2 and heat technology for commercial greenhouses.

‍Aplenty converts wood waste into clean CO2 and low-cost heat for greenhouse growers — increasing crop yields by up to 10%, reducing emissions by 90%, and giving growers full control over heating costs. Proven technology, already operating at the first customer site, and ready to deploy at scale.

The AI business management platform built for recruitment agencies.

Kamal gives recruitment agency leaders a 360-degree view of performance across financials, gross margin, fill rates, and consultant productivity - all in one place. By replacing manual reporting and external advisors with automated AI-powered analytics, it helps agencies identify where money is made, cut inefficiencies, and build a measurably more profitable business.

The audience intelligence platform that makes data your best channel.
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‍Lumos unifies audience discovery, media planning, and post-campaign attribution into one powerful workflow. With access to 8,000+ audience attributes covering spend, intent, interests, and omnichannel behaviour, brands, agencies, and media publishers can drive smarter targeting, sharper campaigns, and clearer ROI.

The venture studio creating the martech stack of the future.
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‍New+Improved venturs is a venture studio focused building B2B SaaS marketing technology companies from the ground up. The team behind Tracksuit, Ideally, Aether and Drumbeat, they combine deep marketing expertise with proven startup commercialisation skills to find the next category-defining opportunity.

The New Zealand fusion energy company making abundant power possible.
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‍OpenStar is commercialising the levitated dipole - a uniquely stable, simple, and modular approach to fusion energy inspired by Earth's own magnetosphere. Founded in Wellington, the team achieved first plasma in just two years on a lean budget and is targeting commercial fusion within five years, with a world-class scientific team led by the global authority on levitated dipole research.

A pet-focused Venture Studio backed by the Erbacher Food Family of Germany and Previously Unavailable.

‍Pet Foundry creates market-ready pet food brands that move at the speed of consumer change. Combining cutting-edge research with real customer insight, their brands — including Small Matters for small dogs and Mood Food for daily emotional wellbeing - are built to earn genuine trust from pet owners and genuine love from pets.

The AI platform that tracks where your agency's time and money goes.
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‍Manifest replaces manual timesheets with automatic AI-powered tracking, capturing every hour, tool, and token spent across clients and projects - without disrupting how your team works. Built for creative and digital agencies who need real visibility into productivity, profitability, and tool ROI, all in one intelligent dashboard.

The platform orchestrating modern insurance operations with confidence.
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‍Simfuni unifies data and automates workflows for insurers - from migrating legacy closed-book portfolios to accelerating open-book growth and enabling new distribution channels. An award-winning insurtech platform recognised across Australia and New Zealand, it helps insurers achieve operational excellence while serving customers better.

The Only Communications Platform built for regulated industries.
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Spoke solves the impossible trade-off facing regulated businesses — giving frontline teams complete mobile freedom while giving the organisation full control, audit trails, and AI-powered insight into every conversation. Built for financial services, insurance, and healthcare, where mobile communication can't be left ungoverned.

Making solar work after dark for Kiwi homes and communities.

SUPA builds large solar and battery systems on schools, farms, and businesses, then sells the surplus power directly to New Zealand households. Site hosts earn revenue, buyers get stable clean energy, and the profits stay local. A smarter, decentralised energy network built for the country's future.

One platform uniting Tech Business Management and FinOps for the AI era.
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‍Yarken gives CIOs and IT finance leaders complete visibility across cloud, SaaS, infrastructure, and AI spend, unified into a single source of truth. With agentic AI, no-code workflows, and finance-grade analytics, it's the platform recognised by Gartner for helping enterprises move faster, invest smarter, and stay ahead of technology cost complexity.