Deal net: 16 – 20 January 2017

The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

Postr, a New Zealand-based adtech developer, has received NZ3m ($2.1m) from state-backed investment vehicle New Zealand Venture Investment Fund, diversified conglomerate Gunung Sewu Group, investment firm K1W1 and a group of assorted angel investors, which led the round, according to DealStreetAsia. Postr produces white-label apps for mobile telecoms firms that let users earn rewards such as mobile data or minutes in exchange for showing advertising on the phone’s lock screen. The company will use the cash to expand into Australia and Southeast Asia.

See more from this Government Report: New Zealand

Back

Supporting articles

Copyright Mawsonia Limited 2010. Please don't cut articles from www.globalgovernmentventuring.com or the PDF and redistribute by email or post to the web without written permission.

Most read

  1. UK to launch National Investment Fund

    August 01, 2017

  2. Canada makes visa scheme permanent

    August 01, 2017

  3. Big deal: CarTrade seeks path to CarDekho merger

    July 31, 2017

  4. PCCW OTT goes on air with $110m

    August 11, 2017

  5. News round up 31 July 2017

    July 31, 2017