Momentum is designed for professional and wholesale investors seeking exposure to New Zealand’s most advanced deep-tech companies at the critical A/B stage of their growth.

We primarily invest at the Series A and Series B stage, once technical risk has been significantly reduced and companies are preparing for global scale.

Momentum is a high-conviction opportunity fund that strategically invests into the strongest performers and top follow-ons from Outset’s broader portfolio, concentrating capital at the point of maximum value acceleration.

Momentum invests in deep-technology companies solving global-scale problems in areas such as advanced materials, fusion energy, hard-tech infrastructure, and next-generation mobility.

Momentum is targeting a fund size of US$30–50 million, allowing us to concentrate into a select number of high-potential companies.

The fund is designed to hold 6 to 10 core portfolio companies, allowing for meaningful ownership positions and active support.

Our objective is to generate top-quartile venture returns, targeting a 20%+ net IRR over the fund lifetime. Actual outcomes will depend on timing, exits, and market conditions.

You can request access via the form on this page. We review all submissions and grant access to qualified investors on a rolling basis.

Minimum allocations will be communicated during the DD process. As a guide, Momentum is structured for institutional, family office, and large professional investors.

No. This page is for information purposes only and does not constitute an offer, solicitation, or recommendation to invest. Any investment will only be made via formal documentation.

Yes. Momentum is structured to accommodate both New Zealand and offshore investors, subject to jurisdictional requirements.

Yes. Investments are intended to qualify under the NZ Active Investor Plus Visa framework, subject to final regulatory treatment and personal circumstances.

Deal flow is primarily sourced from Outset Ventures’ ecosystem, including its incubated companies, university spinouts, and deep relationships with New Zealand’s top technical founders.

Momentum typically invests as a strategic participant alongside top global investors, taking meaningful positions without always leading rounds.

While founded in New Zealand, portfolio companies are global-first businesses, often expanding early into the US, Europe, and Asia.

All investment decisions are made by the Momentum Investment Committee, which brings together Outset’s partners and senior advisers with deep global venture experience.

Capital is expected to be deployed over a 3–5 year investment period, with follow-on reserves held for high-performing portfolio companies.

Absolutely. Once your DD request is approved, you’ll have the opportunity to schedule a direct conversation with the Momentum team.

Deep-tech investing involves risks including technical execution, capital intensity, regulatory uncertainty, and long time-to-liquidity. These risks are detailed fully in the DD materials.

You’ll receive a confirmation that we have received your request, and one of our team will be in touch.