New Zealand liquid hydrogen tech company Fabrum has raised NZ$23 million (A$21m) in a Series A The round was led by London VC AP Ventures, with participation from Dr Andrew Forrest’s Fortescue Future Industries, Japan’s Obayashi Corporation and New Zealand VC K1W1. The Christchurch-based venture, founded in 2004, is considered a world leader in industrialised… Read more »
Aotearoa data startup Partly, which makes it easier to source vehicle parts, has raised NZ$37 million (A$34m) in a Series A. It’s a national record for a Series A and follows a NZ$3.7 million pre-series A in October 2021. The latest round was led by European VC Octopus Ventures, with Blackbird’s Kiwi wing tipping in… Read more »
Kiwi tech company Blackpearl Group (BPG) will list on the New Zealand stock exchange next month – the only IPO for the NZX in the second half of 2022. Blackpearl builds, acquires, and markets data-driven cloud services involving productivity and demand generation applications for small and medium-sized businesses (SMB). Its proprietary data platform, the Pearl… Read more »
New Zealand’s top 200 technology export companies generated NZ$15.117 billion in total revenue for the 2022 financial year, up 9% ($1.247bn) on 12 months earlier, according to the annual Technology Investment Network (TIN) Report. Tech is now the country’s second largest export earner behind dairy and accounts for 14% of NZ’s total export revenue in… Read more »
New Zealand impact startup Kara Technologies has raised NZ$1.3 million in Seed funding to make sign language more accessible in the media for deaf people. The round was led by Sydney VC Investible and with Kiwi VCs Te Pae ki te Rangi, Quident Ventures, Icehouse Ventures, as well as Startmate. Kara is building a more… Read more »
An artificial intelligence (AI)-enabled digital assistant called Aimer has raised NZ$1 million to help dairy farmers with pasture management Kiwi startup Aimer Development was backed by food and agritech accelerator Sprout in the fifth of 30 $1 million investments the VC plans to make. Aimer founder and Chief Technical Officer Jeremy Bryant has spent more than… Read more »
New Zealand martech startup eVouch has raised NZ$500,000 (A$450,000) in a pre-Seed round. The raise was backed by leading NZ VC GD1, along with Phase One and Uniservices and several others. The capital will support growing international demand, and to bring on more developer support. Founder Eugene Yao initially launched eVouch as a way to help local… Read more »
New Zealand employee experience design startup Excellent has raised NZ$2 million in a pre-Seed round. ANZ VC Blackbird Ventures led the round, supported by Icehouse Ventures, Sir Stephen Tindall’s K1W1 ), and several other founders, including Sharesies founders Brooke and Leighton Roberts, Phase One Ventures CEO Mahesh Muralidhar, Joyous cofounder Mike Carden, Groov CEO Adam… Read more »
Ambit, the conversational artificial intelligence platform, has raised NZ$1M to accelerate expansion into Australia where it is targeting new clients in the retail, utilities and financial services sectors. The capital raise attracted new investors including Quidnet Ventures, a New Zealand deep tech VC founded by Mark Bregman, PhD, a former CTO of global firms NetApp,… Read more »
New Zealand customer messaging platform Atomic.io has raised $4.5 million in a Series A. The round was led by veteran Wellington VC Movac, supported by K1W1, Hoku and existing investor and Atomic director Rod Drury as well as fellow Xero cofounder Hamish Edwards, along with former Xero execs Paula Jackson, Alistair Grigg, Paul Williams, and Ben… Read more »
An online groceries startup that set out to break New Zealand’s supermarket duopoly has raised NZ$3.9 million The startup, founded in 2021, opened its latest funding round in June through Snowball Effect with a target of raising $2.5 million and a cap of $3m, but extended the raise due to overwhelming interest. The funds will… Read more »
Kiwi healthtech software platform Carepatron has raised NZ$1.6 million in pre-seed funding to develop its collaborative health workspace The round was led by trans-Tasman VC Blackbird. The Kiwi startup has bootstrapped until now and will use the cash injection to grow its global team and deliver its product and growth vision. Carepatron was founded by… Read more »
When Vxt Founder Luke Campbell is asked to describes his product in simple terms, those terms are: “People fu&*ing hate admin!” The startup is part of the Phase One incubator which aims to produce 10 Kiwi technology ‘unicorns’ (or: ‘Kiwicorns’) by 2026. The incubator addresses significant gaps inherent in more traditional programmes – including the… Read more »
New Zealand fintech startups have already had a major impact in Australia, from Xero to more recent arrivals such as Hnry. In a sign that the Kiwi onslaught is set to gather pace, NZ Prime Minister, Jacinda Ardern, crossed The Ditch this week, leading a trade mission to Melbourne and Sydney. Having just returned from Europe with… Read more »
New Zealand startup FileInvite has raised $10 million in Series A to accelerate an end to the use of email for requesting and collecting documents online. The round was led by Icehouse Ventures, with US VC Forefront Venture Partners and Singapore’s Vulpes Ventures chipping in as new investors, alongside existing shareholders, including Flying Kiwi Angels.… Read more »
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