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Find out what’s happening right now in New Zealand’s business and innovation ecosystem. Learn about upcoming events, new corporate challenges, funding rounds, applications for incubators and accelerators, Scale-Up NZ updates, and industry news.
Gin from wine? It may sound strange, but for a Marlborough winery it makes perfect sense and they hope gin drinkers will agree. The Giesen Group is using the alcohol extracted for its zero per cent Marlborough sauvignon blanc to make a new grape-based gin, aptly named Strange Nature. Giesen chief winemaker Duncan Shouler said the alcohol extracted from the grapes grown in Marlborough was really high quality.
Among many conversations at Apec 2021, the agriculture and food ministers got to work and signed off on a new roadmap to boost food security in the region over the next 10 years. The ministers agreed at the virtual meeting chaired by NZ Agriculture Minister Damien O'Connor that one of the biggest challenges facing Apec economies in the post-Covid recovery was ensuring the world has a consistent supply of food.
More of the world’s economy is moving online, and that is underscored by the long list of recent fundings and acquisitions in the digital ID authentication and anti-money laundering (AML) space, including Okta’s $6.5 billion acquisition of Auth0. Today, another startup announced it has raised capital: end-to-end due diligence platform First AML. Founded in 2017, First AML entered Australia this year and will use part of its Series B to expand into international markets, starting with the United Kingdom.
Do you want to raise capital for your business? Callaghan Innovation is inviting you to attend a virtual introductory workshop on the capital-raising process which will help you to kick start your capital-raising journey on Friday 29 October at 9.00am. This foundation workshop will provide startups with a broad overview for early stage companies that are about to start - or considering - capital raising. This online workshop will equip you with the information you need to make informed decisions as you start the capital-raising process. Callaghan Innovation has developed the workshop content and the session will be facilitated by Bruno Bordignon, director at Avid.legal
New Zealand cyber security education company SafeStack Academy has raised a NZ$2.3 million seed round. The raise was led by Sydney VC Jelix Ventures alongside trans-Tasman investors including Carthona Capital, the wittily named NZ VC K1W1 and the country’s growth capital fund, NZGCP. The cash injection will seek to to capitalise on the startup’s early traction, including hitting nearly NZ$500,000 ARR in its first year of operation, with a customer base of 57 companies in six countries.
Reseller News is proud to announce the finalists of an enhanced Innovation Awards in 2021, raising the bar for industry excellence across New Zealand. Now set for Friday 19 November, Innovation Awards will run as an in-person black tie event to bring the channel together under the Reseller News roof at Cordis Hotel in Auckland -- aligned to COVID-safe conditions of entry to in-person event formats. Representing the entire Kiwi ecosystem, more than 190 finalists (including 46 individuals) make the shortlist across partner, start-up, telco, vendor and distributor businesses.
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