IT Brief New Zealand - Technology news for CIOs & IT decision-makers

Fundraising stories

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Pinewood lifts revenue as US dealership testing starts

3 days ago
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Pinewood boosts annual revenue and EBITDA as testing begins at Lithia's US dealerships, with cash rising and medium-term growth targets intact.
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Wasabi secures USD $250 million credit facility from Bain

3 days ago
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Wasabi lands USD $250 million Bain-led credit line to fund cloud storage expansion, AI-ready infrastructure and overseas growth.
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Tines to double Australia headcount as APAC hub opens

4 days ago
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Tines ramps up Australia presence with APAC hub and customer-facing hires as local firms and IT teams drive broader AI automation adoption.
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Feijoa graduates fintech lab with KiwiSaver round-up app

5 days ago
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Feijoa aims to expand its KiwiSaver round-up app after graduating Creative HQ's Fintech Lab, with users adding AUD $2 million a year to retirement savings.
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US AI megadeals drive global VC to USD $331 billion

Last week
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US AI megadeals push global venture capital to a record USD $330.9 billion as OpenAI, Anthropic and xAI dominate first-quarter funding.
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Caruso wins $9.3M funding, scales AI fund services

Last week
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Caruso lands AUD $9.3 million from Icehouse Ventures and GD1 as Centuria joins 80-plus clients using its AI-native fund administration platform.
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Triple Bubble reaches first close after USD $10 million

This month
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Triple Bubble lands early support from x15ventures and Brad Feld as the Melbourne fintech fund targets a USD $50 million close.
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OpenAI raises USD $122 billion in record AI funding

This month
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OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.
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OpenFX raises USD $94 million to speed cross-border payments

This month
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OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.
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Multiplier buys Oxygen Advisors in sixth global deal

Last month
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Multiplier expands in New Zealand with Oxygen Advisors buyout as the startup-focused accounting firm joins its global roll-up.
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Zalos raises USD $3.6 million for finance AI agents

Last month
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Zalos secures USD $3.6 million seed funding to build AI agents that automate complex finance workflows across legacy enterprise systems.
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Obin AI raises USD $7 million to power agentic finance

Last month
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Obin AI exits stealth with USD $7 million to build auditable AI agents for heavily regulated financial workflows and asset managers.
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Robinhood fund buys into Stripe, AI start-up ElevenLabs

Last month
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Robinhood Ventures Fund I adds Stripe and ElevenLabs stakes to give retail investors listed access to late-stage private tech firms.
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Cryptio raises USD $45m to scale digital asset ERP tools

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Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.
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Sentinel Global rebuilds AI-led venture team, eyes 2026

Last month
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Sentinel Global rebuilds its AI-driven venture team around GIC veteran Jeremy Kranz and expands Sentinel Labs, targeting a 2026 fundraise.
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Legora raises USD $550m to fuel US & APAC AI growth

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Legal AI platform Legora raises USD $550m at a USD $5.55bn valuation to speed expansion across the US and wider Asia-Pacific markets.
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Carta buys ListAlpha to launch integrated private CRM

Last month
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Carta acquires ListAlpha and launches Carta CRM, unifying front-office relationship tools with back-office fund data for private capital firms.
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UpGuard raises USD $75m to expand AI cyber risk tools

Fri, 27th Feb 2026
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advanced persistent threat protection
UpGuard secures USD $75m Series C to scale its AI cyber risk platform, fuelling product development, global expansion and acquisitions.
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Telgea raises USD $5m to expand global mobile platform

Thu, 26th Feb 2026
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Telgea raises USD $5m led by Telenor to scale its unified global mobile platform for operators and multinational enterprise customers.
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Anthropic raises USD $30 billion, hits USD $380b value

Mon, 16th Feb 2026
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Anthropic raises USD $30bn in new backing, lifting the AI group's valuation to USD $380bn as demand for its Claude models surges.