Good news ahead of tough times for NZ tech investment

TIN’s Greg Shanahan is optimistic as offshore investment rose despite a global crunch. (Image: NZME)

Mon, 22 May 2023

New Zealand’s tech investment bucked the global trend in 2022, reaching a total of $726 million, up 8% from 2021, according to the latest tech investment report from the Technology Investment Network.But that’s likely to be a peak for some time ahead as the money that was funnelled in from venture capital (VC) firms in 2020 and 2021 starts to dry up. This was reflected in the significant drop-off in the second half of the 2022 calendar year.The totals raised in 2021 and 2022 show a peak and a decline through 2022. (Image: TIN Techno...

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