Funding

Kiwi workplace management startup Multitudes lands $2.2 million seed round

- December 10, 2020 2 MIN READ

Multitudes, a software platform to manage and improve culture and performance, has raised NZ$2.4 million (AU$2.2m) in a seed round to build their beta product. Blackbird Ventures led the oversubscribed round alongside former Reddit CEO Ellen Pao, and Culture Amp co-founder Jon Williams. Multitudes uses workplace data to give managers insights and coaching to create… Read more »

News & Analysis

Kiwi electric engine startup ZeroJet wants solve the boating industry’s massive pollution problem

- November 19, 2020 2 MIN READ

New Zealand engineering startup ZeroJet is hoping to transform the boating industry by replacing outboards in a five year plan that would be like taking 1.5 million cars off the road.  The Auckland-based company, founded in 2015 by Neil Mans and Bex Rempel, built the world’s fastest and lightest electric jet boat, with a top… Read more »

Funding

New Zealand healthtech startup ZOOM has launched NZ$3m Snowball Effect capital raise

- November 17, 2020 < 1 MIN READ

New Zealand virtual pharmacy startup, ZOOM Health, which founder David Taylor calls the “Uber Eats of prescriptions”, is looking to raise NZ$3 million via Kiwi investing marketplace Snowball Effect. Taylor, ZOOM’s MD, founded the healthtech venture in 2017, targeting people on multiple medications who struggle to get to the pharmacy with a delivery option. “Whilst… Read more »

cyber security
Cyber security

New Zealand cyber security officials warn of more attacks after repeated stock exchange hits

- September 1, 2020 4 MIN READ

The Government Communications Security Bureau (GCSB) has issued a warning to all New Zealand businesses to be prepared for cyber attacks, following almost a week of daily attacks on the New Zealand stock exchange (NZX). The attacks have caused outages, sometimes for hours, of NZX’s public-facing website since Tuesday last week. Today it continued trading… Read more »

News & Analysis

Australia’s agtech sector is lagging behind New Zealand and the USA when it comes to connecting

- February 17, 2020 3 MIN READ

An investigation of social network connections – seen as a key indicator of innovation – on LinkedIn between Australia, the US and New Zealand concluded Australia’s agtech sector is falling behind the others.  Australia’s agtech network is dominated by a few key players while the US and New Zealand agtech networks are more evenly distributed. Compared… Read more »

News & Analysis

Home loan data protection fintech raises NZ$1 million

- October 10, 2019 < 1 MIN READ

A cloud-based New Zealand fintech for home loan brokers to protect customer data has raised NZ$1 million, led by the Flying Kiwi Angels. FileInvite, a cloud-based platform that streamlines how mortgage brokers and other financial advisers request, receive and store documents in loan applications has now raised NZ$2 million in 18 months as laws around… Read more »

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 »