Recent Posts

Gatekeepers of Silicon Valley Come to Auckland

Greg Hall A visit from Silicon Valley investors Sam Altman and Scott Nolan had Auckland’s startup community buzzing, with the pair coming to town as a part of a half-work/half-holiday tour of New Zealand. They’ve already seen some of what New Zealand has to offer, and on Friday joined a selection of NZ  innovators at Spark City to talk about …

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Aust media shakeout continues – APN buys radio station from Fairfax which consolidates remaining assets with Macquarie Radio Network

 Fairfax Media plans to raise about A$96 million by selling its Perth-based  radio station 96FM to APN News & Media and merging its remaining radio assets with Macquarie Radio Network.  APN will acquire 96FM for A$78 million using cash and existing debt facilities, subject to regulatory approvals, rounding out its suite of state capital stations in Australia. Meanwhile, Fairfax will merge …

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Chinese investor chucks $50m into Martin Jetpack

New Zealand jetpack maker, Martin Aircraft Co, has secured more than twice the $25 million funding it has been seeking in a proposed initial public offering on the Australian Stock Exchange to commercialise its single person flying machines, with a commitment of A$50 million ($53 million) to fund a 30 month commercialisation plan, from Hong Kong Stock Exchange-listed KuangChi Science.  In return, KuangChi Science …

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