新西兰科技生态系统报告-2024

Report 2024 An open-access dataplatform for NewZealandʼs techecosystem. Accessible to anyone, toprovide data transparency,learn about the ecosystem,measure KPIs, promotestartups. Scope of the report The findings of this report provide a comprehensivemeasurement of New Zealandʼs startup ecosystem on anumber of different fronts, from local value creation toVC investment and startup demographics. The report covers all startups based in New Zealand, aswell as those founded in the country but later relocatedabroad. Data collection was completed as of June 2024, withcurrency conversions calculated at a rate of US$1 =NZ$1.6. The accuracy and completeness of the datadepend on the information available from Dealroom andother public sources. Peer countries included in the report are Australia,Denmark, Ireland, Israel, Singapore, Sweden,Switzerland, and Finland. 1The rise of New Zealand tech2Ecosystem today3Outlook The combinedenterprise valueof New Zealandstartups hasreached NZ$83Bin 2024. Growth in 2021 and 2022 wasdue to some key successes: in2021, Seequent became aunicorn and XERO becamethe first New Zealanddecacorn. In 2022, FNZreached a decacorn status. New Zealandcontinues togrow withcombinedenterprise valuegrowth of 3.8xsince 2019. New Zealand'secosystem isgrowing, butsignificantly lagscountries ofsimilar size anddevelopment. New Zealandstartups haveproduced NZ$15per capita invalue. There isstill a huge valuecreationpotential in NZ. New Zealand unicorns and NZ$1.5B+* companies. Some New Zealand companies received little local investment and/or retains limited presence in New Zealand.New Zealand has 6 unicorns** for a population of 5.3M and Australia 40 unicorns for a population of 26.7M. Limited investment butmeaningful presence New Zealand breakout startups & rising stars. New Zealand VCfunds haveraisedapproximatelyNZ$1B over thelast five years. New funds » 1The rise of New Zealand tech2Ecosystem today3Outlook In 2023, New Zealand startups raised NZ$708 million, marking the thirdconsecutive year over NZ$700 million in funding. The NZ$4.2 billion peak in 2022 was driven by several megarounds, including the NZ$2.3 billion FNZ round. » View top rounds Late-stage investment is rare:the latest round was reached in2022 Breakout stage investment in2023 was at an all time high Early-stage investment in 2023was at ½ of the 2022 peak Almost 900 VCrounds havebeen raised in NZin the lastdecade. » View online New Zealand VCfunding percapita lagsbehind moreinnovative OECDcountries. Auckland maintains its position as the most funded city in New Zealand in 2023. Auckland ranks3rd by VCinvestment raisedin Oceania since2019. Wellington hasraised the most VCinvestment percapita in Oceaniasince 2019. Auckland isranked 11th andWellington 15thamong the topfunded citiescompared topeer countriessince 2019. Wellington is ranked 11th andAuckland 13th on a per capitabasis for the same period. Median Seed roundsizes are on the risein NZ. Median Series Around sizes are atan all-time high. Since 2019, SaaS investments in New Zealand and Australian startups account for over 50% of totalinvestments, while manufacturing plays a more significant role in New Zealand than in Australia. In 2023, FoodTech* was boththe most fundedsector and hadthe highestnumber ofrounds. New Zealand companies by sectors Agritech, WasteSolution and FoodLogistics & Deliverywere the top fundedstartup segments in2023. 1The rise of New Zealand tech2Ecosystem today3Outlook New Zealand currently has 310 VC-backed startups, and annually ~25 companiesraise their first VC round. The most active investors in New Zealand since 2019 New Zealandinvestors havedominated VCroundparticipationsince 2019. Since 2019, domestic investors have participated in 52% of early-stage funding rounds, whilebreakout and late stages funding rounds are mostly represented by foreign investors. New Zealand graduation rates lag behind global averages. Graduation rate of startups raised Seed round between 2010-2020 Number ofunique investorshas increaseddramaticallysince 2020. Number of unique corporateinvestors reached a recordhigh in 2023. More than half of rounds involve investors other than dedicated venture funds:corporates, family offices, private equity, angels, etc. Selected investors participated in rounds over the past 18months Number of rounds in New Zealand startups by investor type, since 2019 Methodology What is a startup? Scope of the report Underlying DataDealroomʼs proprietary database and software aggregate data from multiple sources: harvesting publicinformation, user-submitted data verified by Dealroom,data engineering. All data is verified and curated with anextensive manual process. The findings of this report provide a comprehensivemeasurement of New Zealandʼs startup ecosystemon a number of different fronts, from local valuecreation to VC investment or startup demographics. Companies designed to grow fast. Generally, suc