2024 closing on a high for the tech sector

2024 closing on a high for the tech sector
This year has been tough for New Zealand businesses in general, but tech companies have navigated the leaner times well. (Image: Getty)
Peter Griffin
A flurry of capital-raising announcements for startups and a big milestone for the most ambitious startup among them suggests the sector has a much bigger goal than ‘survive to 2025’. The buoyant vibe permeated Icehouse Ventures’ Startup Block Party in Wellington last Friday where OpenStar founder Ratu Mataira broke the news that his nuclear fusion company had successfully fired up its Wellington-based reactor and achieved “first plasma”.That’s a super-hot cloud of ionised gas essential to spar...

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