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

 

Punakaiki Fund Sponsors Hi-Tech Awards

Punakaiki Fund, New Zealand’s premier venture capital tech fund, is proud to announce it is sponsoring the ‘Start-Up Company of the Year’ category in the 2021 Hi-Tech Awards.

The category covers companies under $2 million in revenues and was previously sponsored by NZ Growth Capital Partners, the $300m government-owned fund of funds.

Lance Wiggs, director of Punakaiki Fund says: “Hi-Tech Awards are the premier awards of the tech sector and Punakaiki is the premier VC fund, so we are a great fit.

“We especially love the fact that we are sponsoring the ‘under $2 million’ category. This is where the future stars of the tech sector are found. We want to celebrate and nurture their success.”

Punakaiki Fund was itself a start-up six years ago when it launched with just $1.5million in funds. It now has $65 million invested in 14 hi-growth companies, including well-known tech brands such as Vend, Timely and Weirdly.

“I know what it’s like to be a start-up and just how hard it is to break into the next phase of growth. I’m full of admiration for these awesome entrepreneurs and feel grateful that we can now return the favour by sponsoring this category.”

Lance, a veteran of the tech scene, has been a judge at the Hi-Tech awards for many years.

Read more about Punakaiki Fund: https://punakaikifund.co.nz/ 

Read more about the Hi-Tech Awards: https://www.hitech.org.nz/

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

TradeMe: Property Prices In Every Region Hit New High For The Very First Time

Property prices experienced their hottest month on record in December, with record highs in every region, according to the latest Trade Me Property Price Index.\ Trade Me Property spokesperson Logan Mudge said the property market ended the year with ... More>>

Motor Industry Association: 2020 New Vehicle Registrations Suffer From Covid-19

Chief Executive David Crawford says that like some other sectors of the New Zealand economy, the new vehicle sector suffered from a case of Covid-19. Confirmed figures for December 2020 show registrations of 8,383 were 25% ... More>>

CTU 2021 Work Life Survey: COVID And Bullying Hit Workplaces Hard, Huge Support For Increased Sick Leave

New data from the CTU’s annual work life survey shows a snapshot of working people’s experiences and outlook heading out of 2020 and into the new year. Concerningly 42% of respondents cite workplace bullying as an issue in their workplace - a number ... More>>

Smelter: Tiwai Deal Gives Time For Managed Transition

Today’s deal between Meridian and Rio Tinto for the Tiwai smelter to remain open another four years provides time for a managed transition for Southland. “The deal provides welcome certainty to the Southland community by protecting jobs and incomes as the region plans for the future. The Government is committed to working on a managed transition with the local community,” Grant Robertson said. More>>

ALSO:

Real Estate: Auckland’s Rental Market Ends Year Near $600 Per Week Mark

The average weekly rent in Auckland reached a new high of $595 at the end of 2020, just shy of a long-anticipated $600 per week. More>>

University of Auckland: Pest-Free Goal Won’t Be Achieved Without New And Better Tools

New Zealand’s goal to become predator free by 2050 will remain an unrealised dream unless new technologies and advances in social engagement continue to be developed, researchers who first promoted it say. A team from the University of Auckland has ... More>>

OECD: Area Employment Rate Rose By 1.9 Percentage Points In The Third Quarter Of 2020

OECD area employment rate rose by 1.9 percentage points in the third quarter of 2020, but remained 2.5 percentage points below its pre-pandemic level The OECD area [1] employment rate – the share of the working-age population with jobs – rose ... More>>

Economy: Strong Job Ad Performance In Quarter Four

SEEK Quarterly Employment Report data shows a positive q/q performance with a 19% national growth in jobs advertised during Q4 2020, which includes October, November and December. Comparing quarter 4, 2020, with the same quarter in 2019 shows that job ad volumes are 7% lower...More>>