Funding

7 Kiwi startups share NZ$17.5 million in grant funding

- September 30, 2024 2 MIN READ

Seven Kiwi startups spanning space, health and cleantech have scored NZ$17.5 million in government funding under the country’s Ārohia Trailblazer grants program.  The program, administered by the New Zealand government’s innovation agency, Callaghan Innovation, backs startups with global potential. Callaghan Innovation chief product officer Brett Calton said Astrix Astronautics, Basis NZ,  Emrod, Fabrum Solutions, Toku… Read more »

Funding

Kiwi grocery shopping insights app MenuAid rebrands as Appetise after swallowing NZ$4 million pre-Series A

- August 15, 2024 3 MIN READ

New Zealand meal planning and grocery shopping app MenuAid has rebranded to Appetise after raising NZ$4 million (A$3.6m) in a pre-Series A. The raise was backed by Kiwi VC Icehouse Ventures and OIF in Australia. As part of the rebrand, Appetise’s consumer app is moving to a free model, cutting its $4 weekly subscription, while… Read more »

Brandon Van Blerk
Funding

Kiwi proptech Tether banks $590,000 for global ambitions

- July 18, 2024 2 MIN READ

New Zealand building management proptech Tether has raised NZ$655,000 (A$592k) as it expands into the Australian market and Europe. The startup managed to avoid venture funding, securing backing from high net worth individuals on three continents as part of its global focus. In May 2023, Tether raised NZ$844,050 via crowdfunding platform Snowball Effect, taking the… Read more »

Funding

Kiwi alt protein startup Jooules chows down on NZ$1 million Seed raise

- May 17, 2024 2 MIN READ

New Zealand fermented proteins startup Jooules has raised NZ$1 million (A$920k) from local accelerator and investor Sprout Agritech. Jooules is among eight NZ$1m investments Sprout has made, with additional funding from partners US-based Finistere Ventures, dairy firm Fonterra and venture builder OurCrowd, as well as the Callaghan Innovation’s Deep Tech Incubator program. Other recent NZ$1m… Read more »

Nikolai Macnee
Funding

Kiwi agritech Metrovate plants NZ$1 million Seed raise

- May 16, 2024 2 MIN READ

New Zealand agritech startup Metrovate has raised NZ$1 million (A$920k) to develop its precision plant growth “biostimulant”. The investment was made by early-stage accelerator and commercialisation firm Sprout Agritech with support from its investment partners, US-based Finistere Ventures, Kiwi dairy giant Fonterra and venture builder OurCrowd, as well as the Te Pokapū Auaha Callaghan Innovation’s… Read more »

Starboard Maritime
Funding

Kiwi sea crimes startup Starboard Maritime Intelligence floats $4.6 million seed funding round

- April 4, 2024 2 MIN READ

A New Zealand data analytics startup using machine learning to detect suspicious activity by vessels at sea has raised a NZ$5 million (A$4.6m) in a Seed round. The round for Starboard Maritime Intelligence was led by Kiwi VC Altered Capital, supported by Icehouse Ventures, Invest South, Soul Capital, and Whakatupu Aotearoa Foundation, as well as marine-focused… Read more »

The Candela P-12
Other tech

New Zealand is getting an hydrofoiling electric ferry

- March 14, 2024 2 MIN READ

A New Zealand lake will be home to the world’s first electric hydrofoiling ferry, used to transport workers to a hydro power station.  The Swedish-made Candela P-12 electric hydrofoil ferry will offer daily transport for workers at Manapōuri Power Station, Aotearoa’s largest hydro plant, on World Heritage-listed Lake Manapōuri, voted the country’s most beautiful lake. The… Read more »

Marama Labs cofounders Dr Brendan Darby, Dr Matthias Meyer and Professor Eric Le Ru.
Funding

Kiwi wine analysis startup skols $2.85 million Seed raise

- January 31, 2024 2 MIN READ

New Zealand wine analysis startup Marama Labs has raised €1.75m (A$2.85m) in Seed funding to expand its global footprint.  The round was led by European agritech VC The Yield Lab, supported by New Zealand Growth Capital Partners, Icehouse Ventures, Quidnet Ventures, DeepIE, Radar Ventures, NZVC, and Kiwi angel groups, plus high-net-worth’s from Ireland and Germany.… Read more »

Funding

Kiwi product development insights platform Ideally lands $2 million Seed round

- January 8, 2024 2 MIN READ

New Zealand customer insights innovation platform Ideally has raised $2 million in a Seed round as it looks to expand its presence in the Australian market. Auckland VC Icehouse Ventures backed Ideally, which emerged from TRA Labs and Previously Unavailable – the partnership behind brand tracking phenomenon Tracksuit. Ideally’s self-service platform tests product-market fit, delivering… Read more »

Funding

Kiwi VC Icehouse Ventures raises $10 million

- November 30, 2023 2 MIN READ

New Zealand’s most active venture capital firm Icehouse Ventures, says it has “VCed itself” after raising NZ$10 million (A$9.3m) in equity capital. The raise was supported by business leaders and family offices across Aotearoa, as well as Japan, Singapore, Hong Kong, the United Kingdom, Belgium, Germany, and the US. Icehouse’s backers are a who’s who… Read more »