Phase One Ventures
Phase One Ventures is an early-stage founder community, product and growth incubator program, and venture capital fund based in Auckland, New Zealand. The company focuses on supporting Aotearoa/New Zealand founders and early-stage technology companies with high growth potential. It offers a range of services, including startup support for early-stage teams, product and growth incubation for SaaS and software ventures, and investment capital for technology companies. Phase One Ventures helps entrepreneurs turn their SaaS ideas into market-ready products, providing both strategic support and re
Investing activity
Phase One Ventures appears in 2 AI deals tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $4M. The most recent are NextWork (Seed, $4.5M, Mar 2026) and Contented AI (Seed, $4.1M, Feb 2026).
Phase One Ventures most often invests alongside Icehouse Ventures, SHAKTI, Cake Ventures and Blackbird, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Phase One Ventures
What AI companies has Phase One Ventures invested in?
Phase One Ventures's AI investments include NextWork and Contented AI. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Phase One Ventures based?
Phase One Ventures is based in Auckland, Auckland, New Zealand.
What stage does Phase One Ventures invest at?
In the rounds tracked on AI Lounge, Phase One Ventures has invested at Seed, with a median round of $4M.
Who does Phase One Ventures co-invest with?
Phase One Ventures's most frequent co-investors on AI Lounge are Icehouse Ventures (2 deals), SHAKTI (1 deal), Cake Ventures (1 deal), Blackbird (1 deal) and Alexey Mitko (1 deal).
How can founders reach Phase One Ventures?
Founders on AI Lounge can see Phase One Ventures'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 Phase One Ventures to their Investor Pipeline to track the conversation.