Record NZ$86 million invested into New Zealand startups in 2017

More investment was poured into New Zealand startups than ever before in 2017, with NZ$86 million ($81.7 million) invested into 111 companies.

The figures were revealed in the latest Young Company Finance Index, published by PwC New Zealand, the Angel Association of New Zealand (AANZ) and the government-backed New Zealand Venture Investment Fund (NZVIF), which found that while the number of deals was just one below 2016, the total amount invested had increased by NZ$18 million.

Anand Reddy, partner at PwC New Zealand, said the investment levels are almost three times what New Zealand was seeing five years ago.

Read more

Please follow and like us:

Angel Investment – why it matters

I am often asked to explain what angel investment actually is, how the work that angels do differs from the work of venture capital funds, private equity brokers, investment bankers or even New Zealand’s government agencies who support business growth.  This paper provides a quick, but deeply informative guide to the high growth startup investment in New Zealand. To explain why it matters and what success will look like if we do it right.

It is also important to set out how high growth startup investment differs so fundamentally from other equity investment disciplines. At its heart this is about the extremely risky nature of this investment that is matched by the scale of returns. Returns New Zealanders need for our future economic and social wellbeing.

Click here to download. Please forward your comments or questions you might have to me here.

Please follow and like us:

On the Grid: Weirdly don’t care about your $500 CV

There’s a revolution underway. Deep within the Auckland Viaduct lurks the beginnings of our own tiny Silicon Valley. At GridAKL, more than 50 startups, in industries as diverse as medicine, robotics and augmented reality, are running the entrepreneurial gauntlet looking to build a high-growth business – or at least a get a second funding round.

In On the Grid, a sponsored series with Auckland Tourism, Events and Economic Development (ATEED), we tell their stories. In this, the third instalment, recruitment revolutionaries Weirdly.

Read more

Please follow and like us:

Lead Partners

NZTE NZVIF PWC

Expert Partner

AVID “FNZC.jpg”

AANZ Summit Sponsors

Callaghan Innovation “UniServices” Kiwinet “Spark”