Technology news for New Zealand's largest enterprises
Capital raising stories
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6clicks raises A$5 million, sets sights on global expansion
The funds were raised from a consortium of Australian business leaders including Luke Sayers, founder and executive chairman at Sayers and the former CEO of PwC.
Check Point researchers uncover how to steal $1 million by email
A series of spoofed emails enabled a Hong Kong-based hacker to make off with a million dollars.
Rubicon invests in inventory management software Cin7
The funding will be used to accelerate Cin7’s global growth strategy through product innovation, sales expansion and continued investment in customer success.
Fintech startup Hnry raises $2.15 million in investment round
Hnry was designed to make life easier for contractors, freelancers and other independent earners, providing an online service that takes care of their financial admin.
Application shielding startup RedShield raises $14m
RedShield CEO and co-founder Andy Prow says that taking capital from a New Zealand private equity player was a strategic choice.
ASB invests in blockchain-based trade provenance solution
The ASB bank funding grant fast-tracks the launch of the company focusing on a blockchain trading product.
Regtech company Kyckr raises $5.2 million in share placement
The proceeds from the Placement will be used to accelerate the Company’s global commercialisation activities.
Safety solutions startup wins ‘radical generosity’ funding
Guardian Angel Security was one of five New Zealand businesses selected by 500 women (SheEO Activators) who contributed $1100 each.
Identity protection company Obsidian raises $20mil
Investor Wing led the Series B with participation from GV and Series A investor Greylock Partners.
The Kiwi company driving commercial drone tech growth
“We have several high profile commercial projects underway and we’re confident we will have some exciting news to impart to the market next year.”
Fintech startup Hnry extends oversubscribed pre-seed capital raise
Wellington-based fintech startup Hnry’s pre-seed capital raise was so popular that it was oversubscribed by $100,000 within days of launch.
CrowdStrike expands global partner footprint
CrowdStrike also announced an expansion of its relationship with Dragos, launching a joint Incident Response (IR) retainer offering.
JASK raises $25mil in Series B financing to advance security operations beyond SIEM
The company will continue its focus on platform development, increase hiring in all departments and expand global sales channels.
Kiwi AI breast cancer detection solution raises $AU20 million
Wellington-based breast cancer detection firm Volpara Enterprise raises $AU20 million for US expansion
NZ’s early stage tech companies bolstered by rising investments - report
Technology Investment Network (TIN) and the Ministry of Business, Innovation and Employment (MBIE) have launched their third annual investor report.
Record $86m pouring into NZ’s early stage investments
NZVCA estimates that there were over 25 domestic and international funds active in early-stage venture in New Zealand during 2017.
Kiwi startup raises over $1M to protect transfer of personal information
FileInvite streamlines the process of requesting, receiving and storing personal information without the need to use email.
Callaghan Innovation awards R&D grant to AI startup
Ambit is conceivably one of the youngest companies to receive the grant at ten months old.
NZ’s first social impact investment fund goes live
Investments will focus on expansion opportunities in sectors such as sustainable food production, agriculture technology, healthcare, clean energy.
Kiwi robotics company expands to Europe after raising $6.4mil
Invert Robotics provides non-destructive inspection services using mobile climbing robots.
PledgeMe announces new crowdlending-inspired platform in the works
"We believe our crowdlending platform could be used to democratise capital, if we tweaked it."
NZ startup CodeLingo secures $540k funding from Australian VCs
CodeLingo is a platform which enables users to scale end-to-end software development processes that improve code quality.
Startup making Bitcoin accessible to NZers raises $400k
The startup plans to use the funding to continue driving growth in New Zealand while also expanding into the UK market.
Radical generosity funding model supports female-led companies
New Zealand is the first country outside North America to introduce SheEO.