Rubber Monkey, the New Zealand e-commerce platform for creatives, is on the hunt up to NZ$2.5 million new capital to expand its Australian presence. Founded by Laurence Alexander and Nigel Stanford, a former TradeMe CEO and Mighty Ape major shareholder, Rubber Monkey is a one-stop-shop for specialist audio, visual and photography products, with more than… Read more »
MenuAid, a food tech startup helping answer the “What’s for dinner?” question, has raised NZ$1 million in Seed funding New Zealand specialist agritech and foodtech seed-stage investor Sprout led the round after the startup completed its accelerator program earlier this year. MenuAid is a subscription-based meal planning and food delivery platform that offers personalised recipes… Read more »
Energy is the double-edged sword at the root of the climate crisis. Cheap energy has improved lives and underpinned massive economic growth. But because most of it comes from burning hydrocarbon fuels, we’re now left with a legacy of high atmospheric carbon dioxide (CO2) and an emissions-intensive economy. But what if we could flip the… Read more »
Kiwi VC Global From Day 1 (GD1) has launched New Zealand’s first dedicated web3/crypto-focused venture capital fund. The US$5 million ($NZ7.65m) fund, ‘GD1 Crypto Fund 1’, will be led in-house by cryptocurrency and web3 expert Nawaz Ahmed, who’s signed on as a General Partner. It will look to invest in the next generation of web3/crypto… Read more »
The Russian invasion of Ukraine is an internationally condemned act of aggression currently playing out in real-time which has captured the attention of onlookers globally. That this could happen in 2022, in Europe, under the unblinking gaze of millions of smartphones has shaken many of us to our core. The invasion has led to 4.5… Read more »
New Zealand carbon credits assessment startup CarbonCrop has raised an additional NZ$1.9 million (A$1,73m) ahead of a Series A later this year. The round led by WNT Ventures, which previously backed its $1.5 million Seed raise in 2020. Also signing on now are the Impact Enterprise Fund, K1W1 and Icehouse Ventures Climate Fund. The startup launched… Read more »
Kiwi fintech Dosh, New Zealand’s first digital wallet, has raised $5 million in a seed round that’s believed to be a local record. It follows a $1 million pre-seed round in late 2021 for product build and NZ regulatory compliance. The latest cash is for further product innovation and development, as well as roll out… Read more »
The first thing you need to know about New Zealand is that sheep are not its biggest export. Or Hobbit movies. It’s dairy, worth around NZ$16 billion – nearly 30% of the nation’s export income. The second thing you should know is that the tech sector is no 2 after dairy as a source of… Read more »
Auckland-based VC Icehouse Ventures has raised its first NZ$5 million towards a $20m target to invest in women-led startups. The new ArcAngels Fund II is Aotearoa’s largest fund investing exclusively in female-founded and led ventures. Theresa Gattung, Chair of Global Women and the Kiwi lead for women entrepreneur initiative SheEO, is a cornerstone investor in… Read more »
New Zealand audio capture startup Dotterel Technologies has raised NZ$3 million (A$2.8m) for its microphone tech, which captures clear sound over long distances. The round was led by Kiwi VC Icehouse Ventures, with support from RocketLab founder Peter Beck, Sir Stephen Tindall’s K1W1, US-backed NZVC, and private investors including Dotterel chair, Sean Simpson, founder of… Read more »
New Zealand startup Flowingly has raised NZ$4.5 million (A$4.2m) in pre-Series A capital. The round was led by local VC GD1 (Global from Day 1), with participation from Icehouse Ventures. The fresh cash will be used for ongoing international expansion, with a core focus on the US. Serial SaaS entrepreneur Jon Kalaugher founded Flowingly in… Read more »
New Zealand agritech startup Protag has raised NZ$1 million for its smart ear tag sensors for the dairy industry. Investment firm Sprout led the round, with support from US-based Finistere Ventures, Kiwi dairy giant Fonterra, and Israeli venture builder OurCrowd, with support from NZ government agency Callaghan Innovation’s Technology Incubator Programme. The cash will fast… Read more »
New Zealand agritech startup Croptide, which transmits plant water health to a farmer’s phone in seconds, has raised $1 million in pre-seed funding. The round led by Icehouse Ventures with support from Sir Stephen Tindall’s K1W1 and Masfen Group. Croptide uses internet-enabled sensors to provide timely water measurement data to fruit and wine grape growers.… Read more »
New Zealand fleet inspection and maintenance software startup Whip Around has raised NZ$21 million (A$20m) in a Series B. The round was led by New Zealand-based Punakaiki Fund and US VC firm Amplo. Founded in 2016 by Tim Boyle and James Colley, Whip Around develops solutions to tackle the compliance burden for transport companies in… Read more »
Runn.io, a New Zealand software startup that offers company project managers the ability to plan, track and forecast staffing capability and capacity, has raised US$1.41 million (A$2m) in a Seed round. The round was backed by leading NZ VC GD1 as well as Wavemaker, NZGCP, K1W1, Dovetail Ventures, Icehouse Ventures and Angel Marlborough. The funding… Read more »
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