Managing Partner

Ngaio Merrick

Ngaio’s ethos is people first. She enjoys working closely with and supporting founders who are building a solution to global problem.  Ngaio is dedicated to accelerating the commercialisation of deep-tech innovation that improves the way we live and our planet. This is how Nuance was born. 

Ngaio has strong networks in the deep-tech innovation ecosystem through her various governance roles. She is on the Board of UniVentures, Callaghan Innovation’s Technology Incubator Approval Committee, and serves as the Chair for the KiwiNet Board.  Prior to starting Nuance, Ngaio managed the investment portfolio for Sir David Levene.

Investment Team

Mitali Purohit


Mitali has strong public and private sector experience in early-stage commercialisation, particularly deeptech. Most recently, Mitali led the $150M Technology Incubator Programme at Callaghan Innovation, where she oversaw deeptech commercialisation through a Government partnership with technology incubators. Previously Mitali led the establishment of the ArcAngels Fund while at Icehouse Ventures. Mitali is passionate about working with ventures that have strong social and environmental impact and is a staunch supporter of female entrepreneurship.

Irene Hao

Investment Analyst

Irene is an experienced Venture Analyst who is passionate about deep tech ventures and its potential to impact the status quo. Mostly recently, Irene led investment screening and preparation at Sprout, New Zealand’s Agritech and Food Technology Incubator and Accelerator. Irene has an M.Sc in Forensic Science, and strong experience as an Analytical Chemist both domestically and internationally. With a background in science and a love for people, Irene is a fantastic fit into the small but growing team. 



Our cornerstone investor Alvarium is a global multi-family office, co-investment partner, and merchant banking ecosystem providing tailored solutions for families, foundations and institutions across the Americas, Europe and Asia-Pacific.

Andrew Williams

Andrew Williams is Co-Chairman, Partner and Executive Board Member of Alvarium, an independent, global boutique that offers tailored investment solutions for families, foundations, institutions, and sovereigns. Globally, Alvarium has offices in North America, Europe and Asia Pacific, supervising assets in excess of US$22 billion. Andrew is also Chair of The Prince’s Trust NZ, a charity committed to youth development in New Zealand.


Our cornerstone investor, Elevate, is a sovereign fund of fund program, investing directly into venture capital firms; aimed at filling the Series A and B capital gap for high growth NZ tech companies. The fund is managed by NZGCP. 


Randy Komisar

  • General Partner, Kleiner Perkins
  • Co-founder, Claris 
  • Former CEO, Lucas Arts Entertainment

Dr Michelle Dickenson

  • Founder, Nanogirl Labs
  • Nanotechnologist and materials engineer
  • Scientific advisor

Nathan Bryant - Taukiri

  • Angel investor
  • Tech recruitment leader
  • Growth strategist and advisor

Adrien Gheur

  • Co-Founder, Nuance Connected Capital
  • Co-Founder, Maloekoe Ventures
  • Ex Goldman Sachs
  • Edmund Hillary Fellow

Interested to learn more?