Ambit, the conversational artificial intelligence platform, has raised NZ$1M to accelerate expansion into Australia where it is targeting new clients in the retail, utilities and financial services sectors. The capital raise attracted new investors including Quidnet Ventures, a New Zealand deep tech VC founded by Mark Bregman, PhD, a former CTO of global firms NetApp,… Read more »
New Zealand customer messaging platform Atomic.io has raised $4.5 million in a Series A. The round was led by veteran Wellington VC Movac, supported by K1W1, Hoku and existing investor and Atomic director Rod Drury as well as fellow Xero cofounder Hamish Edwards, along with former Xero execs Paula Jackson, Alistair Grigg, Paul Williams, and Ben… Read more »
An online groceries startup that set out to break New Zealand’s supermarket duopoly has raised NZ$3.9 million The startup, founded in 2021, opened its latest funding round in June through Snowball Effect with a target of raising $2.5 million and a cap of $3m, but extended the raise due to overwhelming interest. The funds will… Read more »
Kiwi healthtech software platform Carepatron has raised NZ$1.6 million in pre-seed funding to develop its collaborative health workspace The round was led by trans-Tasman VC Blackbird. The Kiwi startup has bootstrapped until now and will use the cash injection to grow its global team and deliver its product and growth vision. Carepatron was founded by… Read more »
When Vxt Founder Luke Campbell is asked to describes his product in simple terms, those terms are: “People fu&*ing hate admin!” The startup is part of the Phase One incubator which aims to produce 10 Kiwi technology ‘unicorns’ (or: ‘Kiwicorns’) by 2026. The incubator addresses significant gaps inherent in more traditional programmes – including the… Read more »
New Zealand fintech startups have already had a major impact in Australia, from Xero to more recent arrivals such as Hnry. In a sign that the Kiwi onslaught is set to gather pace, NZ Prime Minister, Jacinda Ardern, crossed The Ditch this week, leading a trade mission to Melbourne and Sydney. Having just returned from Europe with… Read more »
New Zealand startup FileInvite has raised $10 million in Series A to accelerate an end to the use of email for requesting and collecting documents online. The round was led by Icehouse Ventures, with US VC Forefront Venture Partners and Singapore’s Vulpes Ventures chipping in as new investors, alongside existing shareholders, including Flying Kiwi Angels.… Read more »
Rubber Monkey, the New Zealand e-commerce platform for creatives, is on the hunt up to NZ$2.5 million new capital to expand its Australian presence. Founded by Laurence Alexander and Nigel Stanford, a former TradeMe CEO and Mighty Ape major shareholder, Rubber Monkey is a one-stop-shop for specialist audio, visual and photography products, with more than… Read more »
MenuAid, a food tech startup helping answer the “What’s for dinner?” question, has raised NZ$1 million in Seed funding New Zealand specialist agritech and foodtech seed-stage investor Sprout led the round after the startup completed its accelerator program earlier this year. MenuAid is a subscription-based meal planning and food delivery platform that offers personalised recipes… Read more »
Energy is the double-edged sword at the root of the climate crisis. Cheap energy has improved lives and underpinned massive economic growth. But because most of it comes from burning hydrocarbon fuels, we’re now left with a legacy of high atmospheric carbon dioxide (CO2) and an emissions-intensive economy. But what if we could flip the… Read more »
Kiwi VC Global From Day 1 (GD1) has launched New Zealand’s first dedicated web3/crypto-focused venture capital fund. The US$5 million ($NZ7.65m) fund, ‘GD1 Crypto Fund 1’, will be led in-house by cryptocurrency and web3 expert Nawaz Ahmed, who’s signed on as a General Partner. It will look to invest in the next generation of web3/crypto… Read more »
The Russian invasion of Ukraine is an internationally condemned act of aggression currently playing out in real-time which has captured the attention of onlookers globally. That this could happen in 2022, in Europe, under the unblinking gaze of millions of smartphones has shaken many of us to our core. The invasion has led to 4.5… Read more »
New Zealand carbon credits assessment startup CarbonCrop has raised an additional NZ$1.9 million (A$1,73m) ahead of a Series A later this year. The round led by WNT Ventures, which previously backed its $1.5 million Seed raise in 2020. Also signing on now are the Impact Enterprise Fund, K1W1 and Icehouse Ventures Climate Fund. The startup launched… Read more »
Kiwi fintech Dosh, New Zealand’s first digital wallet, has raised $5 million in a seed round that’s believed to be a local record. It follows a $1 million pre-seed round in late 2021 for product build and NZ regulatory compliance. The latest cash is for further product innovation and development, as well as roll out… Read more »
The first thing you need to know about New Zealand is that sheep are not its biggest export. Or Hobbit movies. It’s dairy, worth around NZ$16 billion – nearly 30% of the nation’s export income. The second thing you should know is that the tech sector is no 2 after dairy as a source of… Read more »
‘Have I gone too far?’ How founders can beat their startup demons 
Tassie carbon accounting startup banks $5.3 million Seed round 
Smart hotels get even smarter: 72 Byte to launch in Australia with AI expert backing 
Eucalyptus head of growth Matt Rossi departs to launch his own marketing startup, Oodle 
Daily startup news and insights, delivered to your inbox.
