Capital raising stories
KiwiNet secures GBP £2.18 million yearly from MBIE to commercialise deep tech, with an enhanced PreSeed investment of GBP £4.97 million to propel NZ research.
Guardian Angel Security was one of five New Zealand businesses selected by 500 women (SheEO Activators) who contributed $1100 each.
Dotterel Technologies, a New Zealand drone technology company, has raised NZ$1.06m in a capital raising round led by Jelix Ventures, and has partnered with MIT.
The funding will be used to accelerate Cin7's global growth strategy through product innovation, sales expansion and continued investment in customer success.
The company provides service solutions such as cross-border and local collection, payment, foreign exchange, lending, and other treasury management services.
Fintech startup Hnry secures USD $2.15 million in an over-subscribed investment round led by EVP, fuelling technology advancements and international expansion.
RedShield CEO and co-founder Andy Prow says that taking capital from a New Zealand private equity player was a strategic choice.
Digital Alpha Advisors, LLC will invest the $75 million into PacketFabric, which will help PacketFabric rapidly scale in the United States and internationally.
In partnership with Accel, CrowdStrike will co-invest in security startups that are building applications on the CrowdStrike Falcon platform.
ASB invests in TradeWindow to boost its DLT trade platform, enhancing efficiency and security for New Zealand exporters in global trade processes.
Fluent Commerce, the Sydney-headquartered order management provider, has raised $33 million in series B funding, led by US growth equity firm Arrowroot Capital.
Kyckr raises AUD $5.2 million through share placement, bolstering global commercialisation plans and strategic partnerships with the likes of AXA Singapore.
Databricks, now valued at USD $2.75 billion, opens offices in Sydney, Tokyo, and Bangalore after securing USD $250 million to drive AI adoption in APJ.
Guardicore plans to use funding to fuel company growth and disrupt the firewall and data centre security space.
Obsidian raises USD $20m in Series B led by Wing, boosting total funding to USD $30m, to enhance its intelligent identity protection for hybrid enterprises.
With backing including the likes of Intel and SoftBank Ventures Asia, the company intends to expand its operations in the US, China, and Israel.
Illumio secures US$65m in funding to expand across Asia Pacific, EMEA, and the US, as demand for micro-segmentation grows.
The company intends to use the funds from new investor Bain Capital Ventures will go toward future innovation and expansion.
SMBs in Australia face challenges in securing funding, but play a vital role in the economy and driving innovation.
Advanced Navigation raises USD $20m to enhance robotics R&D, with significant support from Main Sequence Ventures and US firms, aiming for global expansion.