Capital stories

Xampla has raised $14 million to scale its plant-based Morro materials, aiming to replace over 10 billion single-use plastic items within five years.

FICC proposes new Collateral-in-Lieu service to cut double-margining, boosting capital and margin efficiency ahead of US Treasury Clearing mandate compliance.

Elevate NZ Venture Fund commits $10 million to Pacific Channel's Fund III to boost deep-tech startups and expand investment in New Zealand's innovation sector.

SandboxAQ has secured over $300 million in funding, bringing its pre-money valuation to $5.3 billion as it advances in AI and quantum technology.

LiquidStack has secured a $20 million boost from Tiger Global in its Series B funding, raising the total to $35 million to enhance cooling solutions.

AI is helping small businesses in New Zealand tackle productivity issues, crucial amid tough economic conditions, by automating tasks and optimising workflows.

Contrarian advice for tech founders: avoid early capital raising, don't aim for unicorn status, embrace unscalable tasks, and ignore early awards.

Siemens introduces NX X, a game-changing cloud-based engineering solution with new AI, immersive, and electro-mechanical tools, enhancing the Siemens Xcelerator portfolio.

NZTech unveils a report outlining the crucial role technology may have in cutting emissions and promoting environmental sustainability.

IWD 2024 puts spotlight on the need for greater investment and inclusion of women in the tech sector, particularly in the historically male-dominated world of open-source.

ASB bank launches Clean Tech Fund to financially back New Zealand's green technology start-ups with up to $5m each.

Celonis leaders predict pivotal role of Process Mining technology in transforming businesses for increased efficiency by 2024.

Construction waste, plant disease detection and gender challenges tackled at New Zealand's Velocity $100k Challenge. WasteXpert wins top prize.

The emerging creative company from Australia, Mash, announces the closing of an AUD $2 million pre-series A funding round.

Ambit, the conversational AI platform, has appointed Richard Pratley as GM of Sales to help scale the company's success in Australia and New Zealand.

Rubber Monkey is seeking to raise up to NZ$2.5 million of new capital through online investment platform, Snowball Effect.

Jo Olivia Lee appointed as chief operating officer. She will oversee app development and operations for Singapore and Lendor Thailand.

Crypto trading platform BitPrime forced to suspend operations due to financial pressures and reduced support from liquidity provider.

Up to now, the automation wave has largely bypassed the accounts receivable department but it's time that changed.

Australian startup CredShare secures $2.7m funding for its credentials platform revolutionizing compliance landscape.