Chinese group to invest in Kiwi startups

Chinese group to invest in Kiwi startups

A group of well-heeled Chinese business people with connections to New Zealand is getting together to invest in promising Kiwi companies.

New Zealand's first Chinese angel investment network hopes to start operating in February.

It's the brainchild of the Ice Angels, the private investment group set up by Auckland University's Icehouse business incubator in 2003 and which is now the largest in Australasia.

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