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  • 05 Jul 2018 3:22 PM | Anonymous

    Waikato based Agritech company Halter has raised $8 million from US venture capitalists which it will use to develop its IoT and artificial intelligence technologies that help cattle farmers manage their herds.

    The investment round was led by Data Collective, the largest backers of Rocket lab, with support from Founders Fund (Peter Thiel), and Ubiquity Ventures. Rocket Labs’ Peter Beck, Promus Ventures’ Mike Collett and Matt Ocko from Data Collective now account for three of Halter’s four board members.

    Halter says it has developed a solar powered, GPS-enabled intelligent neckband that uses sensory cues to direct cows, enabling farmers to move and manage their cows remotely with a few simple swipes of a screen.

    Source: Computerworld New Zealand

  • 03 Jul 2018 3:33 PM | Anonymous

    New Zealand's leading maritime freight, supply chain and Trade News newspaper New Zealand Shipping Gazette recently published a special report on trade with North America.

    Read the digital publication here.

  • 29 Jun 2018 3:59 PM | Anonymous

    Gentrack Group, an Auckland-based software developer for utilities and airports, said it has made “significant progress towards several new customer wins” in the US and Australia that will contribute to its fiscal 2019 results.

    These are not expected to have a material impact on its fiscal 2018 earnings, with the company forecasting earnings before interest, tax, depreciation and amortisation of between $30 million and $32 million, though “they will contribute to FY19 results and position Gentrack well for further wins in the US airport and Australian utility markets,” the company said in a statement.

    Source:  Scoop


  • 29 Jun 2018 3:46 PM | Anonymous

    Following the announcement made on 23 April 2018, Precinct Properties New Zealand Limited announced today that it has now entered into a binding agreement with a fund controlled by Invesco for the sale of a 50% interest in ANZ Centre in Auckland for $181 million.

    Acquired by Precinct in 1997, ANZ Centre has performed well since it became part of the portfolio generating a property level IRR of 9.0%. Precinct completed a $76 million upgrade in 2013 and remains committed to maintaining this building as one of New Zealand’s premium office towers.

    Source:  Precinct


  • 27 Jun 2018 10:55 AM | Anonymous

    FaceMe believes digital humans are the future of customer service – and the judges at LAUNCH Festival Sydney agree, on Wednesday awarding FaceMe ‘Best in category’ and $100 000 in investment as well as an opportunity to participate in the Launch Incubator programme in San Francisco.

    Source: FaceMe

  • 26 Jun 2018 4:36 PM | Anonymous

    A New Zealand company is aiming to revolutionise the way Hollywood makes movies.

    Born out of a need to find a way to share and store video securely and efficiently, Moxion allows film-makers to view and edit footage almost immediately after they have shot it.

    ​Now living in Los Angeles where he's trying to drum up business for the Auckland-based company he co-founded with Michael Lonsdale in 2015, Hugh Calveley said the two Kiwi film industry veterans had seen how frustrating it was to have to wait for at least a day to see footage captured on-set.

    Source: Stuff


  • 26 Jun 2018 11:17 AM | Anonymous

    Naked Brand Group Inc., an innovative fashion and lifestyle brand, and Bendon Limited, a global leader in intimate apparel and swimwear, announced that they have completed their business combination.

    Under the terms of the Merger Agreement, Naked and Bendon became wholly-owned subsidiaries of a newly formed company, Bendon Group Holding Limited, which has been renamed Naked Brand Group Limited (“Holdco”), and exchanged their securities for ordinary shares of Holdco.

    Source: Naked Brands


  • 22 Jun 2018 3:47 PM | Anonymous

    Baxter Healthcare was presented the award for the HDx enabled by Theranova haemodialysis (HD) therapy by James & Wells Partner, Jonathan Lucas at the James & Wells Health Tech Week Gala Dinner.

    More than 1700 New Zealanders receive haemodialysis treatment. Patients with end-stage renal disease on haemodialysis are at increased mortality risk compared to the general population.

    Conventional haemodialysis is effective at removing small toxins, such as urea, but is ineffective at removing a class of uremic toxins known as large middle molecules. Large middle molecules may affect a range of biological functions, including inflammation, secondary immunodeficiency and cardiovascular (heart disease) risk.

    Theranova is an innovative dialyser. It more closely mimics the natural kidney compared with other dialysis membranes. Theranova extends the range of toxins that can be filtered from the blood during haemodialysis for the first time without significant albumin loss. Once these toxins have been effectively removed, the patient is at less risk of infections and hospitalisation.

    Source: James & Wells


  • 22 Jun 2018 11:03 AM | Anonymous

    New Zealand has long been a major agricultural producer, often lampooned by visitors in the past for having more sheep than people. Today, it is dairy and horticulture that dominate Ag and Food exports in excess of US$37B. Moving up the ranks, technology has become the third most important export sector by GDP value at US$11B according to Infometrics and Callaghan Innovation. And the intersection between the two, Agritech, is becoming a hotspot of innovation activity.

    Source: LinkedIn

  • 20 Jun 2018 3:07 PM | Anonymous

    In recent years the Portland area has welcomed an influx of tech companies from New Zealand. Starting with WhereScape in 2009, followed by EROAD in 2014, and now Wipster and AskNicely more recently.

    And then there is CoverUS, a company that started in New York and Portland and is expanding to New Zealand.

    Source: Portland Business Journal




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