When fundraising, New Zealand startup founders should play the ‘Kiwi card’

When fundraising, New Zealand startup founders should play the ‘Kiwi card’

2 years ago
Anonymous $dEyjbtEkMr

https://techcrunch.com/2021/12/31/when-fundraising-new-zealand-startup-founders-should-play-the-kiwi-card/

New Zealand, a country of 5 million people in the South Pacific, has witnessed a shifting tech startup landscape over the last couple of years. While some major global companies like Xero, Rocket Lab, LanzaTech and Seequent have shined a spotlight on New Zealand’s startup scene, the country historically hasn’t had access to much venture capital.

As a country with an economy that primarily exports agricultural products, the New Zealand startup world has usually relied on funding from a community of high-net-worth individuals and family offices who probably made their millions through real estate or farming.

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