33 minutes ago
File photo.
New Zealand start-up manufacturers are attracting little of the venture capital investment they need to grow.
A report by Wellington-based crowdfunding platform PledgeMe indicates just 7 percent of tracked capital investment went into physical product companies in 2023, though fresher data was unavailable as government-funded tracking of this type of investment had stopped.
"Often VC equity doesn't have the patience for assets that pay back over a decade," the report said.
