News & Analysis

New Zealand cybersecurity startup RedShield raises NZ$14 million

- September 17, 2019 1 MIN READ

Wellington-based RedShield, a cybersecurity startup that provides API protection via web application shielding, has raised NZ$14 million (AU$13m). New Zealand private equity firm Pencarrow led the round ahead of existing shareholder Sage Technologies. RedShield’s CEO and co-founder Andy Prow (pictured above) said the support recognised the company’s success in New Zealand , the US, UK… Read more »

News & Analysis

Cannabis startup Greenfield MC moves into New Zealand ahead of legalisation vote

- September 4, 2019 2 MIN READ

Greenfield MC is the first Australian-owned company to cultivate medicinal cannabis for research purposes in New Zealand as part of a joint venture with a US-listed commercial producer Research into using medicinal cannabis to treatment of health conditions affecting Maori people is a focus NZ goes to the polls in 2020 with a non-binding referendum… Read more »

News & Analysis

Parking app Parkable raises NZ$4.6 million 

- September 2, 2019 2 MIN READ

Parkable CEO, Toby Littin, and Spark Future of Connectivity Lead, Renee Mataparae Auckland-based parking app Parkable has raised NZ$4.6 million in a Series A round, valuing the business at NZ$36 million. The raise was led by Kiwi telco Spark, with some prominent local investors joining for the first time, including Trade Me co-founder Rowan Simpson,… Read more »