• Wellington cloud computing company GreenButton acquired by Microsoft

    Wellington Cloud Computing Company and MOVAC Fund 2 Investee GreenButton has been acquired by Microsoft.  The terms of the deal are confidential but suffice to say that it’s a great result for the founder, investors, and New Zealand Government.  GreenButton is a great Wellington story.  It was founded by Scott Houston who helped establish the […]

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  • PowerbyProxi Announces Licensing Agreement with Texas Instruments for Wireless Power Solutions

    PLEASANTON, Calif., January 6, 2014 – PowerbyProxi, (www.powerbyproxi. com) developer of the world’s most advanced and safest wireless power system, today announced it has signed a technology licensing agreement with Texas Instruments (TI) the global semiconductor company that designs and manufactures analog integrated circuits and embedded processors. TI will leverage PowerbyProxi’s resonant and closely coupled […]

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  • Merry Christmas

    Oh no he didn’t!  Wishing you all a very Merry Christmas, a restful break and a prosperous 2014.  The MOVAC team will be back on deck from mid-Jan 2014.

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  • Online Independent Film Marketplace IndieReign Partners with Indiegogo, the World’s Largest Global Crowdfunding Platform

    IndieReign has today announced a partnership with Indiegogo, the world’s largest global crowdfunding platform. IndieReign is an online film marketplace which enables filmmakers to self-distribute and sell their content directly to fans online, while crowdfunding platform, Indiegogo, empowers people around the world to crowdfund what matters to them. Filmmakers that opt in to the partnership gain leverage […]

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  • RIP Startups

    Brilliant, nothing more needs to be said….

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  • BIMStop closes funding round with MOVAC 3, establishes global HQ in Silicon Valley

    We’re pleased to announce that we’ve closed on a new investment with Christchurch based start-up BIMStop.  The investment is being used to fund the Company’s growth in the US market and to establish its global headquarters in San Francisco USA. Founded by CEO Scott Barrington, the company converts building products manufacturers traditional sales and marketing […]

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  • The unfortunate reality of business…and investment

    Unfortunately this Doghouse Diaries image really resonates! Enjoy.

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  • Samsung Electro-Mechanics and PowerbyProxi Announce Strategic Partnership for Development of Wireless Power Solutions

    Marks first wireless power partnership for Samsung Electro-Mechanics Samsung Electro- Mechanics, a world-leading producer of high-tech integrated components of electronics and mechanical devices for all electrical devices, and PowerbyProxi, developer of the world’s most advanced and safest wireless power system, today announced they have entered into a strategic partnership licensing PowerbyProxi’s consumer electronics (CE) and […]

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  • PowerbyProxi Announces $4 Million in Strategic Funding From Samsung Ventures

    Michael Pachos from Samsung Ventures joins PowerbyProxi’s board PowerbyProxi, (www.powerbyproxi. com) developer of the world’s most advanced and safest wireless power system, today announced it has received $4 million in funding from Samsung Ventures Investment Corporation (SVIC). Michael Pachos from SVIC joins PowerbyProxi’s board. This brings the total value of the company’s Series C financing […]

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  • Five essential tips for networking in Silicon Valley

    By Catherine Robinson – Director of Kiwi Landing Pad,San Francisco Silicon Valley technology from FitBit to Facebook has made its way into our lives, yet opening the doors to Silicon Valley is still a big unknown for a lot of NZ companies. Where do you start? Is there an information booth where you can schedule […]

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