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New Zealand tech company Fergus raises $3.5 million to drive global expansion
Fergus, a job management platform for trades businesses in New Zealand, has announced a $3.5 million AUD investment led by Sydney-based, Microequities Venture Capital Fund. The financing will be used to accelerate growth in Australia, and further its global expansion as the go-to job management software for the trades industry. As part of the financing, […]
Northland innovation wows judges of business ideas competition
A business idea competition in Northland that culminated in the announcement of 10 winners from an initial pool of 147 entries and 22 finalists, is predicted to boost Northland’s rapidly growing reputation for entrepreneurial thinking and innovation. The Pick:2017 was launched in June by Northland Inc’s business and event hub, The Orchard, with a call […]
ICO’s – a New Way of Raising Money (With Caution Attached)
A new kind of investment offering is emerging that is testing regulators around the world – including New Zealand’s FMA (Financial Markets Authority). Called ICOs (Initial Coin Offerings) or token generation events – these are “investment” offerings where investors put their money into what is usually a startup idea and, instead of receiving shares, receive […]
Global “Govtech” accelerator to drive public sector innovation
The challenges facing governments around the world have never been more significant. Problems like global warming, cybersecurity and privacy are “big-picture” problems, but there are also the day-to- day challenges of digital transformation, citizen-centric government and participatory democracy that are faced by agencies in most countries. These challenges create a big market opportunity. During a […]
Whitepaper: Business Mentors NZ reveals 80% of business owners feel isolated
SME owners are feeling isolated, unsure if they’ll ever retire and are confused by social media; according to a new white paper released by Business Mentors New Zealand. The white paper, The State of SME, is backed by research that surveyed more than 700 business owners and experienced business mentors across the country. Following the […]
NZ social enterprise Conscious Consumers raises $2m to fuel international growth
In one of the biggest capital raises for a social enterprise in New Zealand’s history, the ethical retailer champion Conscious Consumers has attracted $2 million of investment for their upcoming launch into the United Kingdom. Jamie Newth, from impact investment specialists Soul Capital, is a lead investor in the business, which connects ‘conscious’ consumers with […]
Flux Accelerator alumnus Genoapay eyes 2018 Australia launch
New Zealand’s first service-centric affordability platform, Genoapay, aims to launch in Australia in early 2018, in the wake of its record-breaking NZD$1million accelerator funding success in August. Having just rounded out its first year of operations, Genoapay, one of six startups in the inaugural cohort of Icehouse’s Flux Accelerator programme, is now available in over […]
NZ AI startup IMAGR secures “significant” investment from Sage Technologies
Shoppers around the world are one step closer to experiencing artificial intelligence in action when they fill up their supermarket carts following a private investor’s buy-in to an innovative New Zealand AI start-up. IMAGR, an AI company from New Zealand, has today announced it has secured Sage Technologies Ltd as a cornerstone investor. While the […]
Report: Time running out for NZ businesses using free Facebook
Time is running out for New Zealand businesses using Facebook, according to a new survey of nearly 24,000 pages which reveals the effects of the platform tightening its grip on free marketing. Mosh Social Media’s 2017 Facebook Report examines the Facebook pages of 23,971 New Zealand businesses. The in-depth look reveals how engagement rates have […]
NZ Bitcoin Startup Raises $400k
MyBitcoinSaver, the New Zealand micro-savings platform for Bitcoin, has today announced the closing of $400,000 in seed round funding. The platform, launched by Aucklander Sam Blackmore in November last year, makes it easy for New Zealanders to invest small ongoing amounts in the world’s most popular cryptocurrency, which has grown in value by almost ten […]
Debra Hall named New Zealand Arch Angel 2017
One of New Zealand’s most ardent angel investors, Debra Hall, has been awarded the Angel Association of New Zealand’s (AANZ) prestigious Arch Angel Award at the 10th Anniversary NZ Angel Summit on Waiheke Island. The Arch Angel Award is the highest honour in New Zealand’s angel investment community, and recognises individuals who reflect the qualities […]
NZ fintech site PocketWise helps Kiwis stay moneywise
Comparing and choosing the best credit card, personal loan, mortgage or KiwiSaver provider just got a whole lot easier thanks to a group of New Zealand “fintech” (financial technology) entrepreneurs who’ve launched financial product comparison site, PocketWise. The cloud platform compares a wide range of financial products from different New Zealand banks and financial service […]