Sandra Maclean started the business to automate school lunches, and now serves more than 560 schools around the country.
OpenStar Technologies’ seed investors, led by Outset Ventures, have compared its potential with Rocket Lab.
The over-subscribed round values the company at $20 million.
The Startup Advisors Council’s 25 recommendations include tax deductions for startup investments, a change to taxing ESOPs, and a new national body.
The receivers are aiming to sell the business.
The new agency with links to the GCSB is being created despite deep opposition from the cybersecurity industry.
The payment company is testing the virtual product with selected NZ retailers, to boost eftpos against competing credit card digital wallets.
The country’s future energy centre will get an additional $70 million over 10 years.
The firm intends to build and launch about 20 independent businesses over five years.
The Dunedin-based origin company has just completed its Series C round, led by a London-based venture capital firm.