No 8 Ventures

The Team

No 8 Ventures is New Zealand’s most experienced venture capital manager. The key executives of No 8 Ventures have extensive experience in development of technology, sales and marketing, time to market, entrepreneurial enterprise business management and governance, funding, investment banking, company listings and acquisitions and divestments.   And we have great international networks.  This broad business background is important for our management style – engaging actively to help young technology companies realise their potential.


Jenny Morel

Jenny Morel

Managing Director

Jenny Morel founded No 8 Ventures Management in 1999. For No 8 Ventures, Jenny is a director of the Martin Aircraft Company – producer of the Martin Jetpack and Open Cloud, which provides a platform for rapid deployment of new telecommunications services.

Jenny also founded and runs the annual Morgo conference, a gathering of people building high growth companies from New Zealand.

Before No 8 Ventures Jenny built a niche investment bank to work with technology companies in New Zealand. She has also been a director of a number of large companies, including NZ Rail, Centreport, the Rural Bank, Trust Bank and AgResearch,.

In 2006, Jenny was made a Companion of the New Zealand Order of Merit for services to business. In 2011 she was given an award at the Hi Tech Awards for her Outstanding Contribution to the Industry. In 2012 she was named a Wellington Icon at the Gold Awards.

Jenny now divides her time between Singapore and New Zealand.


Mark Edwards – Non-Executive Director

Mark Edwards

Mark joined No 8 Ventures as an Executive Director in May 2002. Prior to this, Mark had a 20 year operational career in the computer industry in the US and the UK spanning the systems, software and OEM sectors.

His responsibilities ranged from sales and marketing to product development, strategic planning, IT and mergers and acquisitions. Before joining No 8 Ventures, Mark was the Senior Vice President at QLogic Corporation (a very successful NASDAQ-100 and S&P500 company) with responsibility for the Computer Systems and Switch Products Groups.

Mark is now VP Sales and Marketing for Printonix in the US but remains a decision making director for No 8 Ventures.

Mark holds a BSc (Honours) in Business Studies from City University, London, and graduated from the Marketing Management Program at Stanford Business School.


Andrew Lark – Non-Executive Director

Andrew Lark

Andrew joined No 8 Ventures in 2002, first as an advisor, and then as a part-time director based in the United States and then Australia.

Andrew’s 25 years’ experience of technology, Internet, telecommunications and consumer sectors spans leading award-winning programs and teams for Fortune and Times 100 companies, global brands, start-ups and the world’s hottest advertising and communications agencies. During his career he has worked and lived in the majority of the world’s major markets and developed a reputation as a highly creative marketer and pioneer of participatory communications and next generation marketing measurement programs. He is a prolific writer, blogger and speaker on marketing.

Andrew is now VP Marketing for Xero.  Before that he was CMO at Commonwealth Bank in Australia, VP Global Marketing and Communications for Dell, CMO for LogLogic, and he has worked for Sun Microsystems, Nortel Networks and Fleishman-Hillard, the world’s largest public relations agency.

In 2003 the New Zealand Government awarded him the inaugural World-Class New Zealander Award for his contributions to New Zealand.


Glenn Milnes – Advisor

Glenn Milnes

Glenn joined No 8 Ventures as Investment Director in early 2007 from Cable & Wireless International, London, where he was Strategy Manager with oversight of corporate and strategy development activities for a portfolio of businesses competing in markets across Europe, the Americas and the Middle East. Glenn started his working career as a professional cricketer playing in New Zealand, England and The Netherlands.

Glenn holds an MBA (Distinction) in Entrepreneurship from Imperial College London, a BSc in Accounting (1st Class Honours) from Oxford Brookes University and a BPhed in Physiology and Sports Medicine from the University of Otago.

Glenn is now CEO of ikeGPS, a No 8 Ventures portfolio company that he led to a listing on the NZX in July 2014.