Spaceplane company Dawn Aerospace has raised US$25 million (NZ$43m) in its latest funding round, rocketing the company to a US$195m (NZ$335m) valuation. The New Zealand-Dutch company with roots in Christchurch, said the Series B funding round was led by U... See more
Tauranga-based PMG Funds has passed $1 billion in assets under management, with the company targeting further growth of its flagship fund. PMG manages a number of unlisted property funds, which retail and wholesale investors can take part in. Since moving... See more
New Zealand's most valuable NZX-listed company, Fisher & Paykel Healthcare, has reported a 24 percent increase in profit driven by strong sales in hospital products and improving margins. Key numbers for the 12 months ended March compared with a year ... See more
Cancer diagnostics company Pacific Edge believes a return to profitability is now on the cards after taking a major step forward in regaining US Medicare coverage. Key numbers for the 12 months ended March compared with a year ago: - Net loss $35.8m vs $2... See more
Insurance company Tower's interim profit has more than halved amid a jump in weather-related claims, a subdued market and pricing pressure. Key numbers for the six months ended March compared with a year ago: - Net profit $22.9m v $49.7m - Gross written p... See more