New Zealand-based customer relationship management (CRM) software startup MyWave bagged NZ$2.5 million in an oversubscribed first funding round to develop its product and customer base before its 2015 listing on the New Zealand Stock Exchange.
New Zealand
Wellington, New Zealand-based mining firm Bathurst Resources Ltd secured A$7.39 million in a discounted placement of its shares at A$0.06 (NZD0.065) apiece to gain funds for its open-cut coal project on the Denniston Plateau.
Wellington, New Zealand-based tech startup Loomio launched a $100,000 crowdfunding campaign on its own website to develop a mobile version of its open-source collaborative decision making tool.
Ridgeville, US-based biotech forestry firm ArborGen purchased Southland, New Zealand-based seedling grower Edendale Nursery for an undisclosed amount to tap the markets in the North and South Islands of New Zealand.
Auckland, New Zealand-based point-of-sale software provider Vend pocketed $20 million in a funding round led by Valar Ventures and Square Peg Capital to expand to North America and Europe.
Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a $51-million cash deal.
New Zealand Venture Investment Fund Chief Executive Officer Franceska Banga thinks that the rule change permitting equity crowdfunding in New Zealand is a positive development, Fairfax NZ News reported.
New York, US-based hedge fund Libra Advisors will pick up a $7.2% stake in Auckland, New Zealand-based business developer Rubicon to support that latter's future forestry biotech project.
San Mateo, California-based Internet startup AVOS Systems is laying off 80% of its workforce because of the lack of traction, according to sources familiar with the situation.
Limerick, Ireland-based environmental software developer AMCS Group closed €23.5 million in a funding round led by Highland Capital Partners Europe (HCPE) for its expansion into Europe, Australia, New Zealand, and the Americas.
Australia-based property and aged-care developer Aveo Group is planning to sell about $500 million worth of residential and office assets this year in a bid to become
Melbourne, Australia-based real estate classified service REA Group Ltd bought rental application service 1Form Online Pty Ltd in a deal valued at $15 million as part of its strategy to link its customers with property-related services.
Massachusetts, US-based video hosting solutions firm Brightcove acquired Arizona-based Internet video solutions provider Unicorn Media Inc in $49-million acquisition deal to facilitate easier distribution of ad-supported video.
The Old Ghost Road cycle trail, which is developed by Mokihinui-Lyell Backcountry Trust, received $800,000 from the Department of Conservation of New Zealand to complete the project.
Veritas Investments, the owner of the Mad Butcher business in New Zealand, is poised to spend $3.4 million in combined cash and shares to acquire a stake in the local Burger King patty supplier Kiwi Pacific Foods.
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