Altered Capital
Altered Capital is a global venture capital and private equity firm founded in 2022 and based in Auckland, New Zealand, with an additional office in London, UK. The firm specializes in backing high-growth companies that have demonstrated product-market fit, providing them with the capital and strategic support needed to expand internationally. With over NZ$280 million in funds under management, Altered Capital focuses on technology, healthcare, and financial services sectors. The firm offers growth-stage funding, active support, and strategic guidance to help ambitious founders scale their bu
Investing activity
Altered Capital appears in 2 AI deals tracked by the AI Lounge deals desk, and led 2 of them. The rounds are mostly Seed, with a median round size of $4M. The most recent are Contented (Seed, $2.5M, Feb 2026) and Contented AI (Seed, $4.1M, Feb 2026).
Altered Capital most often invests alongside K1W1, Shearwater Capital, Icehouse Ventures and Aspire NZ Seed Fund, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Altered Capital
What AI companies has Altered Capital invested in?
Altered Capital's AI investments include Contented and Contented AI. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Altered Capital based?
Altered Capital is based in Auckland, Auckland, New Zealand.
What stage does Altered Capital invest at?
In the rounds tracked on AI Lounge, Altered Capital has invested at Seed, with a median round of $4M. Altered Capital led 2 of those rounds.
Who does Altered Capital co-invest with?
Altered Capital's most frequent co-investors on AI Lounge are K1W1 (2 deals), Shearwater Capital (2 deals), Icehouse Ventures (2 deals), Aspire NZ Seed Fund (1 deal) and Exhort Ventures (1 deal).
How can founders reach Altered Capital?
Founders on AI Lounge can see Altered Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Altered Capital to their Investor Pipeline to track the conversation.