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| Feb 15, 2023 | Uber Drivers Demand Better Pay and Working Conditions in New Zealand | Inno Flores, Tech Times 15 February 2023, 12:02 am
Uber drivers in New Zealand started their collective agreement with the company as they demanded better pay and working conditions. This will be the first time for Uber since they arrived i... |
| Jul 22, 2022 | Quantifi Photonics scores Intel investment, valuing company at $90 million |
Punakaiki Fund is thrilled with this morning’s news that Quantifi Photonics has raised $25 million (US$15m) in a Series C funding round led by Intel Capital.
The investment values Quantifi Photonics at $90 million.
Punakaiki Fund is the... |
| Mar 24, 2022 | Couchdrop secures investment from Punakaiki Fund for global growth |
Another week, another investment.
We’re very pleased to announce we’ve taken a 17.9% stake in Christchurch data migration start-up company Couchdrop, which moves vast amounts of data for global clients.
We like the company, not the le... |
| Feb 11, 2022 | Capital injection fuels Formus Labs for US launch | Last week we were chuffed to be welcomed as a new investor in orthopaedic technology company Formus Labs.
Punakaiki Fund joined GD1, Icehouse Ventures (IVX) and Pacific Channel in a US$5 million pre-series A funding round. Flying Kiwis Ang... |
| Dec 9, 2021 | Loyalty New Zealand nears finish line for cloud migration project | Loyalty New Zealand, the company behind Aotearoa New Zealand’s Flybuys brand, is set to finalise the migration of all of its on-premises systems to AWS by February next year.
The company has been using AWS in some capacity since 2013 but ra... |
| Oct 22, 2021 | Weekly Wrap #71: Bitcoin's explosion, Snap's erosion, Atlassian's culture locomotion | Welcome to our Weekly Wrap, where we cut through the noise to bring you our favourite insights from the technology and startup world.
If you love the Weekly Wrap, please spread the word and help it grow:
Forward this to friends/colleagues b... |
| Oct 15, 2021 | Weekly Wrap #70: IPO like a Pro & the Need for Seed | Welcome to our Weekly Wrap, where we cut through the noise to bring you our favourite insights from the technology and startup world.
If you love the Weekly Wrap, please spread the word and help it grow:
Forward this to friends/colleagues b... |
| Oct 8, 2021 | Weekly Wrap #69: Legal Tech's heyday, Hyper Anna's payday & Big Tech's mayday | Welcome to our Weekly Wrap, where we cut through the noise to bring you our favourite insights from the technology and startup world.
If you love the Weekly Wrap, please spread the word and help it grow:
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| Aug 11, 2021 | Right team, right tech, right time: the Quantifi Photonics story | Some products do what’s on the box. Quantifi Photonics does exactly what you think: it counts photons. That is, it measures light.
Such carry-on would normally be an arcane science – and it surely can be – but you need only consider your l... |
| Aug 5, 2021 | Kōrerorero #10 | |
| Jul 30, 2021 | Weekly Wrap #59: Culture Ampicorn, Colossal Cloud Earnings & Cool $100m Rounds | Welcome to our Weekly Wrap, where we cut through the noise to bring you our favourite insights from the technology and startup world.
If you love the Weekly Wrap, please spread the word and help it grow:
Forward this to friends/colleagues b... |
| Jul 8, 2021 | Brandon Capital leads $14m investment to develop new cancer drug | A new spinout from the University of Otago has secured $14 million in backing to help develop a new kind of targeted cancer drug in the emerging field of RNA therapy. |
| May 7, 2021 | Weekly Wrap #47: Scomo gets digital, SafetyCulture's a unicorn & Skedulo vaccinates | Welcome to our Weekly Wrap, where we cut through the noise to bring you our favourite insights from the technology and startup world.
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| Apr 28, 2021 | R&D tax credits yet to meet targets | The government’s research and development tax incentive scheme (RDTI) appears to be doing better than its predecessor, but not nearly as well as was hoped. |
| Apr 16, 2021 | NZ clinical trial boom post-Covid slowly but surely emerging | Despite slow Covid recovery globally, enquiries for future NZ trials hit 10-year high. |
| Mar 12, 2021 | Sale of Vend for US$350 Million | Today Lightspeed announced that it will acquire Vend for US$350 million ($485m in NZD at Friday’s exchange rate). The press release is below, and there is also a Lightspeed investor presentation.
The sale was covered by NZHerald (and here)... |
| Mar 3, 2021 | Devoli shines in Contact Energy interim reporting | Contact Energy posted a wicked result for Punakaiki investee company Devoli in its interim result. At the end of January 2021, the energy retailer reported 40,000 broadband customers, up 90% over January 2020’s reported 21,000 customers. Mo... |
| Oct 19, 2020 | Apprentices are the solution to Australia’s recession, but Morrison’s $1.2 billion wage subsidy isn’t the answer | Robonomics AI founder Samir Sinha. Source: supplied.
What do Apple, Microsoft, General Electric, FedEx, Revlon Inc, Hyatt Hotels Corporation, Burger King Corporation, CNN, Walt Disney, and IBM have in common?
They were all founded during an... |
| Mar 15, 2019 | Online 'Reputation Management' Company Brags About Abusing Copyright Law To Take Down Bad Reviews | Regular Techdirt commenter Ehud Gavron recently forwarded me an email conversation he had with a “representative” from yet another “online reputation management” company. This one is called “Reputation Defenders,” which sounds like half a d... |
| Dec 15, 2018 | 10 benefits of being attractive, according to science | There might be some perks to people thinking you're attractive.
Mario Tama/Getty Images
It turns out, being conventionally beautiful has its benefits.
According to science, people who are perceived as attractive are more likely to get hired... |
| Aug 17, 2017 | NZVIF raises investment cap of seed-stage vehicle | Premium
The New Zealand Venture Investment Fund (NZVIF), a government-sponsored fund-of-funds, has raised the investment cap of its Seed Co-investment Fund (SCIF) to $1.1 million (NZ$1.5 million) per company for stronger returns and to bett... |
| Jul 26, 2017 | New Zealand suspends Fuji Xerox from govt contracts | Fuji Xerox has been temporarily barred from accepting more work from the NZ government until the implications of an accounting scandal at the vendor are fully understood.
New Zealand's Ministry of Business, Innovation and Employment (MBIE) ... |
| May 16, 2017 | Mike Daniell joins board of Australasia’s largest life sciences fund | The former Fisher & Paykel boss spent his whole working career commercialising medical R&D. |
| Dec 23, 2016 | Term Sheet — Friday, December 23 | OPEN MIC, FEELINGS EDITION
Optimism. More than any other word, that’s how Term Sheet readers say they feel about the next four years. After that, it’s a grab-bag of emotions, assessments, predictions, and observations.
Paid Content What you... |
| Dec 15, 2016 | New Australian life sciences investment fund could have spin-off benefits to New Zealand | Some $A230 million has gone to Brandon Capital which manages the MRCF, a collaborative structure of over 50 organisations including six New Zealand research institutes. |
| Dec 7, 2016 | Bill English Gets to Be New Zealand’s Prime Minister on Monday | Just a few days shy of his eighth anniversary as Prime Minister, John Key shocked New Zealand by announcing his resignation on Monday, saying he had had a good run but he wanted to spend more time with his family. He unsurprisingly endorsed... |
| Aug 29, 2016 | Kim Dotcom’s Extradition Appeal Gets Underway | In 2012, Megaupload was shut down in a massive international operation. At the time the file-storage site had been one of the most-visited on the planet with around 100 million users.
U.S. authorities subsequently claimed that Megaupload il... |
| Mar 31, 2016 | Ask Me Anything | Phil recently took part in an Ask Me Anything for the NBR. You can see the questions posed, and Phil’s radio interview where he answers the questions, here. |
| Mar 31, 2016 | Ask Me Anything | Phil recently took part in an Ask Me Anything for the NBR. You can see the questions posed, and Phil’s radio interview where he answers the questions, here. |
| Mar 29, 2016 | Movac announces launch of Movac Fund 4 | Last week we announced the launch of our new growth capital fund, Movac Fund 4!
Movac Fund 4 will continue the work of our previous funds. It will be a sizable fund in the New Zealand market – at between $80 million and $100 million. We we... |
| Aug 19, 2015 | New Investment: Vend | The Vend investment was announced today. The deal terms were as described in the shareholder vote material, where we combined a $2 million cash investment with an issue of Punakaiki Fund shares (to myself) to purchase Vend Shares.
The NBR ... |
| Jan 14, 2015 | Cloud Accounting Startup Xero Expands Payroll Product In The US | New Zealand-based startup Xero has been working to make accounting easier for customers in the small and medium-sized business market. Today the company is announcing a new product that will extend it further into the back-office by offerin... |
| Feb 13, 2014 | Amid Growing Calls To Release TPP Text, NZ Says Transparency Would 'Destroy' Agreement, While USTR Won't Even Talk If Journalists Are Present | As happened with ACTA, the lack of transparency in the TPP negotiations is emerging as one of the key issues there. Here’s a very interesting initiative by politicians from many of the TPP countries: |
| Jan 20, 2014 | Kim Dotcom’s answer to Spotify and iTunes—Baboom—will soft launch on Monday | reader comments 52 with 39 posters participating
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Kim Dotcom's major "Party Party" at Auckland's Vector Arena may have been cancelled, but the mogul is still going... |
| Jan 20, 2014 | Dotcom’s Baboom service launches in NZ: “Only pay for music if you like it” | reader comments 59 with 48 posters participating
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Kim Dotcom settles case he filed against NZ police over “military-style raid”
Supreme Court won’t hear Kim Dotco... |
| Jan 18, 2014 | Why New Zealand put the kibosh on Dotcom’s arena mega-party | Photo collage by Aurich Lawson reader comments 73 with 49 posters participating
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At the last minute, Kim Dotcom has pulled the plug on his January 20 “Party Party” event at ... |
| Aug 2, 2013 | TPP Negotiations Deprive New Zealanders Of Promised Copyright Consultation — For Secret Reasons | One of the myths perpetuated by governments taking part in major international treaty negotiations like ACTA, TPP and TAFTA/TTIP is that somehow no national sovereignty is given up during the process, and that therefore the public shouldn’t... |
| May 12, 2013 | NZ seafood prices up 19% in five years | When fish is on the menu, the type of fish you get can depend heavily on where you live.
Statistics NZ says in its latest seafood industry survey that salmon, tarakihi and gurnard are the most commonly available fish species in supermarkets... |
| Mar 20, 2013 | Kiwi Three Strikes Tribunal Fines Soldier Who Was Serving In Afghanistan When Infringement Happened | G Thompson was the first of a few of you to send in this story about the latest “three strikes” Tribunal hearing in New Zealand, in which the Tribunal ruled against a guy, despite the fact that he was a soldier in the NZ Armed Forces and de... |
| Feb 14, 2013 | Another Blow For BlackBerry As New Zealand Cops Pick iOS Devices | In another setback for BlackBerry’s key government business, the New Zealand police force has chosen iOS devices over smartphones and tablets running competing operating systems. Kiwi cops will be kitted out with iOS devices after spending ... |
| Jan 18, 2013 | Instra CEO (And Mega Investor) Brian Clarkson: ‘We Will Do Everything We Can To Protect Innovation’ [Updated] | We are now two days away from the launch of Mega, the file storage service that is the next big project from the controversial Kim Dotcom, founder of now-defunct media storage and streaming site Megaupload. Mega has today opened the site up... |
| Jan 16, 2013 | NZ media network pulls 500 radio ads touting Dotcom’s new Mega service | reader comments 42 with 37 posters participating, including story author
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Kim Dotcom settles case he filed against NZ police over “military-style raid”
Supreme Co... |
| Sep 26, 2012 | NZ Gets New 'Homeland' Episodes Less Than 4 Hours After US | Despite windowing and regional restrictions being the international sign for “PIRATE ME!” many content providers continue to throw artificial locks on their offerings. Their potential viewers soon discover that “2 weeks out” in TV network t... |
| Aug 7, 2012 | Kim Dotcom Was Assaulted By Police During Raid, Court Hears | Kim Dotcom has been giving evidence in the Auckland High Court today. The hearing, which is scheduled to run for three days, follows on from a court ruling in June that found the search warrants used to conduct the January raid against the ... |
| Jul 5, 2012 | Sanford sells Pacific oyster business | Fishing and aquaculture firm Sanford is to sell its Pacific oyster farms in Northland to Maori-owned Aotearoa Fisheries, suffering a NZD 2 million impairment on exit.
A virus that had ravaged juvenile oysters and forced the closure of Sanfo... |
| Apr 18, 2012 | Kiwi ISP Issues First Music Piracy ‘3rd Strike’, Movie Biz Can’t Be Bothered | The Copyright (Infringing File Sharing) Amendment Act 2011 had a tortuous path before implementation. Argument, counter-argument and intense lobbying from the copyright industries preceded its introduction in September last year.
Its outwar... |
| Mar 26, 2012 | Kim Dotcom Leaks Emails: Entertainment Industry Wanted to Work with Megaupload | Mr. Dotcom and his "Guilty" Mercedes. (buzzfeed.com)
First he came for the U.S. government, but now it looks like the entertainment industry is next on Megaupload founder Kim Dotcom’s revenge list. The notorious copyright outlaw t... |
| Oct 28, 2011 | NZ awards IaaS contracts | NZ awards IaaS contracts
The New Zealand Department of Internal Affairs has awarded infrastructure as a service (IaaS) supplier contracts to two companies - Revera and Datacom - both locally owned, The National Business Review reports.
Four... |
| Jul 18, 2011 | Google Objected To Anti-FileSharing Law Clause | This September New Zealand’s Copyright (Infringing File Sharing) Amendment Act kicks into action but according to a submissions released by the government, earlier this year Google objected to a clause in the legislation.
In common with man... |
| Apr 28, 2011 | Anonymous Suspected of Taking Down Kiwi Gov Website | The website of the New Zealand parliament is down after suffering unprecedented and excessive demand for its services.
Or, to put it another way, someone flooded it with huge amounts of traffic rendering it completely useless.
Earlier today... |
| Apr 15, 2011 | Kiwi MP Called Out As Pirate After Passing Anti-Piracy Law | This week the New Zealand Government rushed through its controversial 3 strikes-style law as part of Christchurch earthquake emergency legislation. This means that after being ‘suspected’ of sharing copyrighted material online three times, ... |
| Apr 13, 2011 | New Zealand Government Rushes Through Controversial Anti-Piracy Law | In a surprise development, during the next few hours New Zealand’s government is to rush through legislation that will target Internet users who share copyrighted material online without rightsholder permission.
The Copyright (Infringing Fi... |
| Jun 27, 2010 | Sorry left-handers, report of iPhone 4 recall debunked | Article content
Apple may be getting some heat over the antenna problem with its newly released iPhone 4 but the company hasn’t announced a recall, as a weekend story that fuelled a flurry of online speculation suggested.
Quoting a tweet fr... |
| Oct 16, 2009 | Is Tech Back? Nah. | I'm sure many are jumping up and down over Google's latest earning report. CEO Eric Schmidt said that "the worst of the recession is behind us." Call me skeptical, or even cynical, but I don't see anything yet suggesting that all ... |
| Jul 14, 2009 | Modified 3 Strikes Back on Agenda For New Zealand Pirates | In 2008, the New Zealand government passed so-called ‘3-strike’ legislation designed to have alleged repeat copyright infringers disconnected from the Internet. A code of practice was drawn up by the entertainment industries and ISPs, which... |
| May 11, 2009 | Microsoft raises $3.75B in debt | Microsoft has raised $3.75 billion in extra cash through its first ever sale of bonds. The software giant says it plans to spend the money on “general corporate purposes,” such as funding stock repurchase program that would increase earning... |
| May 1, 2009 | Obsolete New Zealand copyright law faces total rewrite | Having a copyright law that was drafted before the Internet Age has proven too problematic for New Zealand, and after trying a number of incremental updates, the government is considering a total rewrite.
Prime Minister John Key took office... |
| Apr 30, 2009 | New Zealand Officials To Scrap Copyright Law; Start From Scratch | There was a lot of controversy over the past few months concerning an attempt to change copyright law in New Zealand. After tremendous uproar over the fact that the law (a version of three strikes) basically would declare people guilty base... |
| Apr 19, 2005 | T-Mobile Happy With Flarion | T-Mobile in Europe has been one of the big name telcos testing out Flarion’s FLASH-OFDM technology, and like Nextel before them, it appears that users are quite happy with the technology. It shows good speeds and great latency (which, of co... |
| May 10, 2004 | Sasser Worm Creator Reinforces Hacker Stereotypes Everywhere | Just about everyone has already commented about the fact that German authorities, with the help of Microsoft (and their reward money), tracked down the 18-year-old creator of the Sasser worm, so all that I’ll add to the story is that this k... |
| Dec 22, 2003 | New LOTR Easily Available Online, But Still Had Great Opening | At what point does the movie industry realize that maybe (just maybe) the world doesn’t work the way they think it works? I don’t know how many folks went to the movies this weekend, but I went Saturday night and there were huge lines of fo... |
| Mix Limited, from part-time whim to leading beauty products firm | An article written by Karyn Scherer for the NBR published 7th January 2020. |
| Enterprise Angels waves wand for third fund | Fund 3 has achieved a first close of more than $2 million, giving the green light for investment.
NBR spoke with Nina Le Lievre, Enterprise Angels CEO, about the Fund, female representation within the industry and the highs and lows of inv... |
