Minister for Science, Innovation and Technology Shane Reti says it will give Kiwi researchers more control over their inventions.
It has also made a phased acquisition of three more labs to back its ‘science-first’ brand.
Icehouse Ventures led the raise for the Australian agtech, which has a Kiwi co-founder.
Development and testing of new medium-lift rocket is going well, but Rocket Lab founder wants to follow rigorous process that made Electron a success.
The Auckland business, backed by Movac and Icehouse Ventures, was put into voluntary administration last month.
A five-year evaluation of the RDTI shows the ‘bang for buck’ matches OECD standards.
To mark the milestone, the software company is donating $20,000 to long-time customer Hato Hone St John.
Troubled 'AI' company says sale of its main asset to its 86% shareholder is best option to avoid 'potential inability to meet its debt obligations'.
The NZ Hi-Tech Awards company of the year is also linking with maritime intelligence platform, Starboard.
The deal expands ParkHelp from offstreet parking guidance into onstreet and curb management.