That was thanks in part to three larger investments totalling $53m in sharebroker Sharesies, e-waste pioneer Mint Innovation, and anti-money laundering startup First AML. The figures back up anecdotal reports, including from Raygun chief executive John-Daniel Trask that the market is awash with capital.
Uladzik Kryhin/123RF
A report produced for Google NZ says greater technology adoption could lift GDP by 14 per cent by 2030. NZTE general manager of investment Dylan Lawrence said there was “a two-speed economy emerging” with firms in the tech sector more likely to be thriving as businesses, globally, explored the use of more technology. Angel Association chairwoman Suse Reynolds said there had been a noticeable trend towards larger investments in start-ups.
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