Business
'Crushing it': Ex-Treasury staffer now heads AI firm that just raised US$40m
Foxglove's key customers include Amazon, Nvidia and Tesla.
Latest from Venture Capital
Stories and analysis from The Northern Express Herald.
Four ideas to unlock NZ’s next generation of global firms
From start-up sparks to flywheel: How NZ can match Sydney’s tech surge.
AI healthcare firm Heidi raises US$65m on the heels of huge NZ doctor pilot
Heidi Health's AI tool is being trialled by Health NZ alongside rival iMedX.
World-leading tech: Administrators expect strong buyer interest in Nanolayr
Investors include Movac, Icehouse Ventures, Sir Stephen Tindall and Ngāi Tahu.
Inside the changing business of war
Global venture capital in defence tech hit $53.5b last year, up 33% on the previous year.
'NZ's smartest teen' raises $10m for browser-based AI that automates common tasks
Big-name backers include Anthropic, the makers of Claude.
Windcave, Auror among the big winners as the American Chamber of Commerce honours top Kiwi firms
AmCham exec warns tariffs could be the new normal, even post-Trump.
Trump extends TikTok deadline to Dec 16 in ownership row
Oracle and Andreessen Horowitz are set to control most of TikTok’s US arm.
Funding woes lead to liquidation of three NZ medical tech firms
The promising health tech firms have been unable to raise further capital.
Robotaxis: Nuro, founded by Kiwi Dave Ferguson, raises US$203m
One-time Otago University law student has become an AI superstar.
AI start-up Aether, co-founded by TikTok NZ boss, raises $4m, signs big clients
A multinational with 22,000 marketing staff comes on board.
'Super-excited': Kiwi firm lands $18m deal for EV battery recycling
The project aims to extract lithium, nickel and cobalt from used EV batteries.
The latest Kiwi-founded unicorn: Hamish McKenzie’s Substack raises $168m at $1.8b valuation
A New Zealand venture capital firm has invested in the latest raise.
The X Factor: Power pricing start-up secures $3m, signs first customer across the Tasman
Power industry insiders strike out on their own.
Venture capital market hot again, Icehouse Ventures boss says, as new fund feeds on golden visas
A new seed fund raises half of its $30m target in a month.
Tech Insider: UK tells retailers to use NZ’s Auror crime-fighting software
PLUS: Medtech projected to earn $3.8b a year by 2028.
How cancer taught Icehouse CEO what's important when building a business
Icehouse CEO Olivia Blaylock on building business resilience in tough times.
'Fastest to $20m revenue' – Tracksuit's rapid growth, $42m raise
Tracksuit raised $42m, one of the largest-ever venture capital raises for an NZ start-up.
‘Emerging Company of the Year’ Projectworks raises US$12m, plans AI splash
Wellington start-up says it will be able to spot when you're burned out.
Budget 2025: $212m in cuts to existing business, science and innovation programmes
No surprises in another thin year for the sector.
Callaghan shows start-up team the door, Auckland Mayor makes tech grab
Budget day is desk clear-out day for Callaghan's commercialisation team.
On The Up: AI disruptors – meet the Kiwis using new tech to boost their businesses and lead the way
We sound out some New Zealanders who have taken AI by the scruff of the neck.
WNT Ventures launches fourth fund, targets deep tech growth
Deep tech, discipline and the future of early stage investing in New Zealand.
Colin McKinnon: NZ private capital resilient despite global challenges
OPINION: Private equity and venture capital maintained their momentum in 2024.
Tech Insider: Willis offers some venture capital sugar, but is it enough?
Finance Minister delivers some unexpected Budget 2025 action.
Legaltech firm VXT raises $2.5m at $45m value with Silicon Valley backing
Firm says it's fast growing in the US and tracking to a $100m revenue within two years.
Tech Insider: Blackbird partner says Govt made mistake giving up on $300m Elevate fund
PLUS: Blackbird gears up for $1 billion raise.
Trump’s trade war casts a shadow on America’s AI boom
Aggressive tariffs threaten to undermine Silicon Valley’s work on the crucial technology.
On The Up: Kiwis backing a new generation of start-ups
The NZ tech stars who are paying it forward.