A little bit of PayPal founder Peter Thiel?s wealth will help New Zealand technology businesses thanks to the launch of a new venture capital project.
The U.S. entrepreneur, who was one of Facebook?s first investors, is to establish a new 40 million New Zealand dollar (US$32 million) Kiwi-focused venture capital fund jointly with the New Zealand Venture Investment Fund, or NZVIF, to support local technology developments.
Sydney, Australia-based enterprise software company ScriptRock has landed $1.2 million in a seed funding round led by Facebook board member, PayPal co-founder and technology investor Peter Thiel. The fresh capital... Read Post
Peter Thiel, a PayPal co-founder and early Facebook investor, is launching a $402-million venture capital fund focused on mid-stage companies dealing with major global problems. Read Post