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Funding Stories - Page 23

Kiwi Stories

Funding stories

Auditor-General's PGP report 'too polite' says Labour's O'Connor
Government

Auditor-General's PGP report 'too polite' says Labour's O'Connor

The Auditor-General's review of the government's $680 million primary growth partnership has come under scrutiny from the select committee which commi.

By Pattrick Smellie • 3 min read • Thu, 12th Mar 2015
Callaghan quizzed by MPs over 'failures,' grants to foreign companies
Government

Callaghan quizzed by MPs over 'failures,' grants to foreign companies

Callaghan Innovation, the government backed innovation hub, faced questions this week from opposition MPs about why it had funded companies that subse.

By Pattrick Smellie • 4 min read • Thu, 12th Mar 2015
SkyCity's big spending plans may not deliver enough to earnings, investors say
Shares

SkyCity's big spending plans may not deliver enough to earnings, investors say

SkyCity Entertainment Group, which has earmarked $800 million to expand and upgrade its Auckland and Adelaide businesses by 2020, has yet to convin.

By Pattrick Smellie • 3 min read • Wed, 11th Feb 2015
Local Government NZ suggests new taxes, central govt support could bridge spending gap
Partner Programmes

Local Government NZ suggests new taxes, central govt support could bridge spending gap

New Zealand's 78 local government organisations could close the gap between spending and revenue with new taxes or a share of existing central gove.

By Pattrick Smellie • 3 min read • Mon, 2nd Feb 2015
Auckland convention centre cost jumps by a fifth
Government

Auckland convention centre cost jumps by a fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 mi.

By Pattrick Smellie • 2 min read • Fri, 19th Dec 2014
UPDATE: Chorus shares jump after regulator lifts access pricing
Unified Communications

UPDATE: Chorus shares jump after regulator lifts access pricing

Shares of Chorus, the regulated telecommunications network operator, jumped as much as 17 percent after the Commerce Commission lifted the prices i.

By Pattrick Smellie • 4 min read • Tue, 2nd Dec 2014
TechEd LIVE: Startups must think smart, and write it down...
Risk & Compliance

TechEd LIVE: Startups must think smart, and write it down...

At TechEd, experts urge startups to document ideas early; launching Back of a Napkin app to prevent legal pitfalls.

By Staff Writer • 4 min read • Fri, 12th Sep 2014
Kiwi start-ups receive $3m investment boost
Lightning Lab

Kiwi start-ups receive $3m investment boost

Nine Kiwi startups have secured offers of seed investment totalling NZD $3 million from the Lightning Lab Demo Day, New Zealand's prime pitch event.

By Staff Writer • 2 min read • Wed, 18th Jun 2014
New fund to help meet need for homegrown tech talent
Fintech

New fund to help meet need for homegrown tech talent

A new tuition fund to train software developers has been launched to help address the critical shortage of IT talent in New Zealand.

By Staff Writer • 2 min read • Tue, 18th Feb 2014
Kiwi firm scoops major US investment
Carnival Labs

Kiwi firm scoops major US investment

Kiwi tech firm Carnival Labs has secured a major US investment in a round of funding led by American company Lerer Ventures.

By Staff Writer • 1 min read • Tue, 3rd Sep 2013
US deal signals Power to the Proxi
PowerbyProxi

US deal signals Power to the Proxi

Wireless innovator PowerbyProxi secures USD $5 million from TE Connectivity, enhancing its global footprint and strengthening the future of wireless tech.

By Staff Writer • 1 min read • Wed, 17th Apr 2013
US investors pour $82M into Xero
Fintech

US investors pour $82M into Xero

Two American investors have increased their interest in cloud accounting software provider Xero by a total of $82 million.

By Pattrick Smellie • 2 min read • Mon, 3rd Dec 2012
Xero seeks short-term cash cover
Fintech

Xero seeks short-term cash cover

The cloud accounting software firm expects to make more losses in its push to become a global player and may raise more cash to pay for those plans.

By Pattrick Smellie • 2 min read • Tue, 9th Oct 2012

Global Stories

Funding stories

Martin Jetpack reviews ASX listing as Chinese investor commits A$50M
Surveillance

Martin Jetpack reviews ASX listing as Chinese investor commits A$50M

New Zealand jetpack maker, Martin Aircraft Co, has secured more than twice the $25 million funding it has been seeking in a proposed initial public.

By Pattrick Smellie • 3 min read • Fri, 19th Dec 2014
Whey protein inquiry calls for tighter rules after missteps lead to botulism scare
Risk & Compliance

Whey protein inquiry calls for tighter rules after missteps lead to botulism scare

Stage two of a government inquiry into Fonterra Cooperative Group's whey protein contamination scare has recommended the Ministry for Primary Indus.

By Pattrick Smellie • 3 min read • Tue, 9th Dec 2014
Lanzatech, Indian researchers develop new way of producing omega-3 fatty acids
Power / Energy

Lanzatech, Indian researchers develop new way of producing omega-3 fatty acids

LanzaTech, the New Zealand-founded carbon recycling company, and a research team from India's IOC-DBT Center for Advanced Bio-Energy Research have.

By Pattrick Smellie • 3 min read • Tue, 4th Nov 2014
Forget 3D printing, it's about 3D doodling now
3D Printing

Forget 3D printing, it's about 3D doodling now

Created by the Boston-based start-up Wobbleworks, the 3Doodler is a thick pen shaped device that enables you to construct 3D plastic creations by hand.

By Catherine Knowles • 2 min read • Fri, 10th Oct 2014
Expanding Vend secures $25m capital boost
Marketing Technologies

Expanding Vend secures $25m capital boost

Vend, the online POS software provider, has raised NZ $25m in a funding round co-led by Peter Thiel and Square Peg Capital.

By Staff Writer • 3 min read • Wed, 26th Mar 2014