Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Kiwa Media attracts New Zealand Chinese investment

Kiwa Media attracts New Zealand Chinese investment

Auckland digital book producer Kiwa Media has completed a Series A fund raising after attracting interest from New Zealand Chinese investors.

Speaking for the investors, Dr Xiaoying Fu says Kiwa Media’s technology is cutting edge internationally. Dr Fu has a doctorate in computer science from the United Kingdom. Since moving to New Zealand 15 years ago she has been working in the IT and finance sectors.

Rhonda Kite, chief executive of Kiwa Media, says the non-disclosed amount of the capital injection is timely, with the company needing to expand to cope with the growing demand for its technology know-how and services.

“Dr Fu and her group have acquired 25% of the company,” Rhonda Kite says. “Finding investors with the same vision and passion for combining IT and education, with global expertise is remarkable.”

Dr Fu says New Zealand’s creativity can be used to its economic advantage. While the country’s commodity-based trading is disadvantaged by its size and distance to markets, technology such as new media devices reach an international audience instantly.

Kiwa Media’s QBook™ produces multi-lingual, interactive, read-along digital books. QBook™ combines animation technology matched with a narrator’s voice and touchable text that is syncronised to highlight and sound when words are touched. This gives the audience a more entertaining reading and learning experience.

Kiwa Media was the New Zealand winner and entrant into the 2011 World Summit Awards in the e-Education section and has been singled out by British media as producing one of the best iPad book Apps.

The company has launched digital books for the household and education markets in Chinese. The Chinese version of Milly and Molly and the Bike Ride and Zoo You Later – Monkey Business follows the translation of those titles into Maori, Spanish, Italian and Japanese.

Ends

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.