Capital raising stories
Australian fintech startup numbers dwindle amid challenging economic conditions
Number of Australian fintech startups drops for the first time, down 3% to 830, as challenging economic conditions persist.
SuperOps.ai raises $12M following 300% spike in customers
SuperOps.ai, the AI-powered IT management software platform, has raised $12.4m in Series B funding, with customer numbers increasing by 300%.
inDrive raises $150 million for expansion, new investments
This latest round of funding will give inDrive additional financial flexibility and will support the company’s ongoing growth.
Nitro to acquire Belgian eSign company Connective for AU$110m
Nitro will raise AU$140 million to support the purchase, comprising $80 institutional placement and $60 million accelerated non-renounceable entitlement offer.
TradeWindow successfully raises $15M, continues to pursue APAC growth
TradeWindow raises NZ$15m in capital raise, with strategic shareholders ASB Bank and Quayside Holdings leading the investment round.
Remi AI completes external capital raise, looks to accelerate growth
Remi AI secures funding in first external capital raise, with new investor Boab AI and plans for accelerated product development.
6clicks raises A$5 million, sets sights on global expansion
Australian-based company 6clicks secures A$5 million in capital raise for rapid global expansion, bringing total investment to A$7.7 million.
Check Point researchers uncover how to steal $1 million by email
Chinese hackers con $1M in VC-BEC heist; Israeli startup's seed fund intercepted.
Rubicon invests in inventory management software Cin7
The funding will be used to accelerate Cin7’s global growth strategy through product innovation, sales expansion and continued investment in customer success.
Fintech startup Hnry raises $2.15 million in investment round
Hnry was designed to make life easier for contractors, freelancers and other independent earners, providing an online service that takes care of their financial admin.
Application shielding startup RedShield raises $14m
RedShield CEO and co-founder Andy Prow says that taking capital from a New Zealand private equity player was a strategic choice.
ASB invests in blockchain-based trade provenance solution
The ASB bank funding grant fast-tracks the launch of the company focusing on a blockchain trading product.
Regtech company Kyckr raises $5.2 million in share placement
The proceeds from the Placement will be used to accelerate the Company’s global commercialisation activities.
Safety solutions startup wins ‘radical generosity’ funding
Guardian Angel Security was one of five New Zealand businesses selected by 500 women (SheEO Activators) who contributed $1100 each.
Identity protection company Obsidian raises $20mil
Investor Wing led the Series B with participation from GV and Series A investor Greylock Partners.
The Kiwi company driving commercial drone tech growth
Dotterel Technologies, a New Zealand drone technology company, has raised NZ$1.06m in a capital raising round led by Jelix Ventures, and has partnered with MIT.
Fintech startup Hnry extends oversubscribed pre-seed capital raise
Wellington-based fintech startup Hnry’s pre-seed capital raise was so popular that it was oversubscribed by $100,000 within days of launch.
CrowdStrike expands global partner footprint
CrowdStrike also announced an expansion of its relationship with Dragos, launching a joint Incident Response (IR) retainer offering.
JASK raises $25mil in Series B financing to advance security operations beyond SIEM
The company will continue its focus on platform development, increase hiring in all departments and expand global sales channels.
Kiwi AI breast cancer detection solution raises $AU20 million
Wellington-based breast cancer detection firm Volpara Enterprise raises $AU20 million for US expansion.
NZ’s early stage tech companies bolstered by rising investments - report
Technology Investment Network (TIN) and the Ministry of Business, Innovation and Employment (MBIE) have launched their third annual investor report.
Record $86m pouring into NZ’s early stage investments
NZVCA estimates that there were over 25 domestic and international funds active in early-stage venture in New Zealand during 2017.
Kiwi startup raises over $1M to protect transfer of personal information
FileInvite streamlines the process of requesting, receiving and storing personal information without the need to use email.
Callaghan Innovation awards R&D grant to AI startup
Ambit is conceivably one of the youngest companies to receive the grant at ten months old.