Founder and 84% owner Ian McCrae set for big payday but says R&D jobs will stay in New Zealand.
Edtech company valued at $1 billion following $67.6m Series D round.
The Auckland-based company has been purchased for an undisclosed sum.
After buying into NZX-listed Vista Group, Potentia follows up with an investment in early childhood education software provider.
The investment from KiwiSavers means the fund has almost reached its $100m target.
The VC arm of Paloma Ventures, the largest venture studio in Australasia, wants to back more local startups.
The $600,000 raised will go toward Seaweave, a business targeted at supporting growth in the aquaculture industry.
The Takeovers Panel reports the number of transactions it monitors has dropped to 10-15 a year.
Retirement operator, aimed at a younger market, attracted its ‘first tranche’ investment with Singapore entity linked to Arvida suitor, Stonepeak, as it looks to expand lifestyle offering.
Kiwi-built software simplifies essential tasks like quoting, invoicing, and job tracking for tradespeople.