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Asia Tech, October 2024
Asia's Tech Newsletter, Weekly
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New Zealand: October 2024

The New Zealand tech news snapshot for October briefly captures developments including: Air New Zealand’s sign-on with Starlink for in-flight satellite internet services; a deepfake scam in NZ that featured a faked Prime Minister; an NZ-Google rift over the use of local news content; and more – hit the links below to read each NZ tech item in full.

New Zealand market reference:

  • New Zealand population (2023): 5.2 million
  • New Zealand online population: 5M / 97.5%
  • New Zealand’s median age: 37.9 years

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  • New Zealand: Alimetry raises US$18M with AI-backed gut health diagnosis via a wearable device, looking to commercialize for the US market / full item
  • New Zealand: Grandmother scammed out of $224K using an AI-generated deepfake ad on Facebook, featuring a faked NZ Prime Minister encouraging crypto investment / full item
  • New Zealand: Google claims it will stop linking to local news items, and ditch agreements with NZ news firms, if NZ gov’t enacts law forcing big tech to remunerate for content / full item
  • New Zealand: Whoosh startup is to begin construction of gondola-like ride-hail network in tourist spot, Queenstown / full item
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  • New Zealand: Emerge fintech raises $12M Series A in bid to challenge traditional banking with app-based services and tools / full item
  • Air New Zealand is to roll out Starlink in-flight WiFi service in 2025, joining United Airlines and Air France in trialling satellite connectivity technology / full item
  • New Zealand: Startup Queenstown Lakes and Techstars prep for November edition of Startup Weekend / full item
  • Paloma Capital has launched its second fund, targeting high-growth tech firms in Australia and New Zealand, looking at 14-18 investments over 3 years / full item
  • An intro to 8 Australian and New Zealand startups that raised over $66M between them in the week to October 4th, working in biotech, ad-tech, the future of work and more / full item
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