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 »
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 »
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 »
Adrienne Church, GM of Prospa NZ with founders and co-CEOs Beau Bertoli and Greg Moshal. ASX-listed small business lender Prospa is expanding in New Zealand, setting up its first local lending facility, worth NZ$45 million. Loans into NZ until now have been funded from Australia. The company says the standalone facility means around NZ$6 million… Read more »
New Zealand startup Ambit, which helps clients create custom chatbots, has raised NZ$1.75 million ($1.7 million) as it looks to grow globally.
New Zealand-founded, Singapore-based video production startup 90 Seconds has raised US$20 million ($28 million) in Series B funding.
New Zealand startup Parkable, which enables drivers to find and pay for a parking spot via an app, has acquired Brisbane outfit Park Genie.
Auckland edutech startup Kami has raised $1.42 million (NZ$1.5 million) in funding led by Australian venture capital firm Right Click Capital.
“Equity crowdfunding is a way of getting started”: New Zealand’s Snowball Effect on the growth of crowdfunding
Snowball Effect launched to make it easier for investors to directly invest into companies after observing how difficult it could be in New Zealand.
Intelligent merchandising platform Insite AI has raised $1.8 million (NZ$2 million) in a funding round led by New Zealand firm Goat Ventures and landed a pilot with Chemist Warehouse.
Auckland startup PredictHQ has raised US$10 million ($13.8 million, NZ$14.8 million) in a Series A round led by US firm Aspect Ventures.
Having built a base in Australia over the past nine months, India-founded rideshare company Ola has announced its expansion into New Zealand.
New Zealand startup Re-Leased has raised NZ$2.3 million ($2.11 million) in funding to further its growth in the UK and other international markets.
The UK is a natural contender for an Australian business looking to go global, but there are a couple of key things to think about before making the move.
AirTree Ventures has announced its investment in New Zealand human resources startup Joyous, whose platform looks to make it easier for employees to manage regular HR processes and interactions.