新西兰科技生态系统2025

Report 2025 August 2025 “New Zealandʼs startup ecosystem continues to deliver outsizedvalue relative to its scale. The tech sector is an increasinglyimportant contributor to the national economy—startups are notonly drivers of innovation, but also creators of high-paying jobs,generators of export revenue, and magnets for global capital. Whilefunding levels remain well below those of OECD peers, theecosystem has nonetheless grown 6.1x in value since 2019,outperforming regional and global benchmarks. This growthreflects the unique capital efficiency of local startups and theirstrong track record in delivering both financial and societal returns,highlighting the significant opportunity to increase investment inthis sector. The success achieved to date and the momentum gained demonstrates thatscaling both venture capital funding and the number of VC-backed startups tolevels comparable with global peers would be transformational for New Zealandʼseconomy. Continued focus on capability building, capital formation, andconnectedness will ensure the tech sector remains a key pillar of New Zealandʼsfuture growth.” Page/ 2 1State of New Zealand Tech 2VC Investment 3Ecosystem Outlook New Zealandʼstech sector hasgeneratedNZ$129B invalue, NZ$124Bof which is VCbacked ~77% of this value has beengenerated by the threebiggest VC backed companiesin the country Having surged6.1x since 2019,the ecosystem isgrowing fasterthan peercountries Whilst New Zealand started in2019 from a lower base thanpeer countries, the ecosystemis maturing faster Per capita,NZ$24K worth ofVC backed valuehas beengenerated todate New Zealand outshines largemarket players like Australiaand Belgium New Zealand unicorns and US$1B+ exits New Zealand currently has 8 unicorns or US$1B+ exits for a population of 5.3M, some of which received little local investment and/or retainlimited presence in New Zealand Limited investment butmeaningful presence No or very limitedinvestment andpresence Home to 3 decacorns and ranked #9 globally, despite raising <$10B in VC since 2000 Against the odds, New Zealandʼs lean ecosystem drives impressive global value creation. With further investment NZ could continue tooutperform peers. 1State of New Zealand Tech 2VC Investment 3Ecosystem Outlook New Zealandstartups raisedNZ$643M in 2024 Just over halfway through theyear and 2025 is already thesecond highest year in historyfor VC raised, largely due toFNZʼs NZ$773M GrowthEquity VC round in April 2025 2022 was a similar story withthe NZ$4.1 billion peak in2022 being largely driven byseveral megarounds by FNZand LanzaTech Breakout stage VC in 2024settled above pre boom 2020 Early stage VC in 2024 reachedthe third highest year of alltime One round of late stage VC wasraised in 2024 but 2025 YTD hasalready reached second highest 2024 saw numberof deals fall shortof long-termaverage, butbreakout stageactivity remainsabove pre 2020levels Over 1000 VC rounds havebeen raised in New Zealandsince 2014 2025 has alreadysucceededprevious yearswith 6 new VCfunds to date 2021 saw the highestcombined new fund value inhistory Auckland maintains its position as the most funded city in New Zealand Branchingfurther out, NewZealand VCfunding since2019 falls shortof peer OECDcountries Fintech was themost fundedindustry in NewZealand since2024 Fuelled heavily by FNZʼs$500M megaround in April2025. Energy and Securitytech follow Top sectors inNew Zealandsince 2024include wealthmanagementand AI New Zealand companies by sectors 1State of New Zealand Tech 2VC Investment 3Ecosystem Outlook New Zealandʼsgraduation ratesfrom Seed arelower than theOECD average When looking atthe graduation rateto Unicorn status,New Zealandoutperforms OECDcountries andglobal hubs inunicorn creationefficiency New Zealandinvestors havedominated VCroundparticipationsince 2019 Top Investors by number of rounds into New Zealand startups since 2019 Since 2019, domestic investors have participated in the majority of early-stage funding rounds,while breakout and late stage funding rounds are mostly represented by foreign investment 2025 is alreadyon track toexperience thethird highestnumber of VCbacked exits todate While exit activity in NewZealand has picked up since2022, the total $ valuerealised remained subdued Top exits in NewZealand since2024 Universities are supporting the ecosystem, with over 70 spinouts valued over NZ$2B New Zealand based or founded spinouts from Regional Universities» viewonline 800+Jobs at NewZealand-basedSpinouts 70+Spinouts fromUniversities in NewZealand NZ$2.2BCombinedEnterprise Value Combined enterprise value of New Zealand university spinouts Universities arecentral toNew Zealandʼstech success,transformingresearch andeducation intoglobal startupexcellence New Zealand Universities in theworldʼs top 100 A jointly launcheddedicated open-accessdata platform for theNew Zealand techecosystem Accessible to anyone, to providedata transparency, learn abo