They're loving our tech companies, there

  • Technology
  • August 27, 2013
  • StopPress Team
They're loving our tech companies, there

Kiwi tech companies aren't just world famous in New Zealand, by the looks of a recent Forbes article.

Contributor Rebecca Fannin recently tripped around innovative Kiwi companies like biotech rockstar Lanzatech, email marketing provider Live Link Connect, book soundtrack company Booktrack, wireless power firm PowerbyProxi and exoskeleton maker Rex Bionics.

She paints a picture of an inventive startup scene and an energised group of angel investors. She was also particularly impressed that big name offshore investors like Vinod Khosla and Peter Thiel have bought in to Lanzatech and Booktrack respectively.

"Being in a far away location where tools aren’t always handy doesn’t matter in today’s digital eonomy, and New Zealand’s tech entrepreneurs today are making the most of high-speed mobile connections and cloud computing," she said in the article.

"Take LanzaTech as one notable example. Formed in 2005, this cleantech company with a novel process to produce low carbon fuels and chemicals has in a few quick years filed for 285 patents and been issued 36 patents, nabbed $90 million in funding from Vinod Khosla and other top-tier venture investors, and opened two facilities in China with partners to scale its technology commercially."

This is a community discussion forum. Comment is free but please respect our rules:

  1. Don’t be abusive or use sweary type words
  2. Don’t break the law: libel, slander and defamatory comments are forbidden
  3. Don’t resort to name-calling, mean-spiritedness, or slagging off
  4. Don’t pretend to be someone else.

If we find you doing these things, your comments will be edited without recourse and you may be asked to go away and reconsider your actions.
We respect the right to free speech and anonymous comments. Don’t abuse the privilege.

Next page
Results for
Topics
Jobs
About

StopPress provides essential industry news and intelligence, updated daily. And the digital newsletter delivers the latest news to your inbox twice a week — for free!

©2009–2015 Tangible Media. All rights reserved.
Use of this site constitutes acceptance of our Privacy policy.

Advertise

Contact Vernene Medcalf at +64 21 628 200 to advertise in StopPress.

View Media Kit