| Website | theicehouse.co.nz... |
| Employees | |
| Founded | 2003 |
| Description | private equity |
ICE Angels is a venture capital firm specializing in investments in start-up and early stage companies. It typically invests in ventures that are in the product development phase. The firm invests in software, media, internet, communication, biotechnology, life sciences, and medical devices sectors. For communication, biotechnology, life sciences, and medical devices; it seeks to invest in companies that are non-infrastructure dependent. The firm invests in companies based in New Zealand. It seeks to invest in companies that have a pre-money valuation between NZ$0.5 million ($0.38 million) and NZ$3 million ($2.31 million). The firm typically invests between NZ$100000 ($77,186 million) and NZ$1 million ($0.77 million) in companies that have a potential market greater than NZ$100 million ($77.18 million). It may co-invest in its transactions to invest up to NZ$250000 ($192,965). The firm can invest in follow on financing rounds. It can act as a lead investor and prefers to take a board seat in its portfolio companies. The firm seeks to exit its investments between five and twelve years. ICE Angels was founded in December 2003 and is based in Auckland, New Zealand.
| Company | Date | Round | Size | Participants |
| Nexx New Zealand | 9/07 | Seed | $15k | 1 |
| The Optima | 2/06 | Venture Round | $1.2M | 1 |
