GERMINATE BY SPROUT
Sprout Fund II
Sprout Fund II is a next-generation bioeconomy venture fund designed to back advanced technologies at the intersection of biology, data, AI and genetics, combining investment with hands-on company building and connections across New Zealand, Asia-Pacific and global markets. Sprout is doubling down on its “smart connected capital” approach with the launch of its new fund.
What we're building
For more than a decade, Sprout has built the capability, networks and investment platform to help promising science and technology move from breakthrough to commercial impact.
Sprout Fund II is the next evolution of that model.
The fund will invest across pre-seed, seed and pre-Series A opportunities, with New Zealand at its centre and selective investment across the Asia-Pacific region. Our biggest leverage is unlocking public funding for every dollar invested in startups.
Our focus is the bioeconomy - particularly advanced technologies at the intersection of biology, data, AI and genetics. This includes opportunities across agrifood, animal health, biotechnology, synthetic biology and functional foods.
Sprout Fund II is built around a differentiated model of smart connected capital. By bringing together public and private capital, corporate partnerships, research institutions, industry networks and pathways to market, we give ambitious founders more than funding alone - helping them accelerate commercialisation, access global opportunities and reduce the risks involved in taking breakthrough technology to market.
A Bioeconomy Fund for APAC and the world
from New Zealand
Where smart connected capital meets company building
Sprout has already demonstrated its ability to identify and scale high-potential ventures, supporting 260 entrepreneurs, accelerating 148 ventures, investing in 14 companies, achieving two exits (+ one divestment) and our companies raising ~$130million collectively. With established deal flow from universities, research institutes/public research organisations, accelerator programmes, corporate partners and international ecosystems, Sprout Fund II is uniquely positioned to anchor innovation in New Zealand while scaling globally.
For investors, the fund offers access to a disciplined, high-conviction portfolio in one of the world's fastest-growing technology sectors, combining attractive financial returns with meaningful strategic and economic impact.
Sprout Fund II is strongly aligned with New Zealand’s priorities for science, innovation and commercialisation - helping translate world-class research and intellectual property into high-growth companies with global potential.
Sprout Fund I has performed well above industry benchmarks to date, demonstrating the strength of our investment strategy, portfolio construction and active asset management approach.
Sprout is doubling down on its “smart connected capital” approach with the launch of its new fund.
Doubling down on what works
Sprout Fund II builds on more than a decade of experience, doubling down on the model we know works while giving the strongest technologies and companies greater opportunity to grow and scale.
We are seeking long-term partners and investors who share our ambition: not only to invest in breakthrough bioeconomy companies, but to build a sustainable venture platform capable of creating, supporting and scaling the next generation of globally relevant innovators.
At the heart of this approach is active asset management. We believe optimised returns are achieved through more than capital alone - by working alongside founders, connecting companies to the right expertise, partners and markets, and actively supporting them through the critical stages of commercialisation and growth.
To learn more about Sprout Fund II, get in touch with Sprout CEO, Sandhya Sriram
