The AI startup has previously been backed by Callaghan Innovation and Bridgewest Ventures NZ.
Major shareholder Punakaiki Fund says ‘this is not one of the ones we’re talking about as a winner’.
However, increased capacity wouldn’t necessarily mean lower broadband prices for consumers and businesses.
Canterbury Angels is being merged into Mainland Angel Investors to help South Island entrepreneurs raise capital more efficiently.
The ‘chicken and egg’ problem is no more thanks to fuel infrastructure build and FCEV truck importation.
International Science Council releases Kiwi-authored framework for evaluating rapidly developing technologies.
The Auckland-based company has raised $3 million though it took nearly a year to do so.
CyberTeam is developing quantitative cyber risk assessment software which it thinks could help kickstart a local cyber industry.
The Kiwi-founded agri-biotech company will look to increase the fat content of ryegrass.
Directors say a move into voluntary administration follows struggles to raise capital.