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Hi again friends, and welcome to Daily Crunch for Monday, December 27.
I continue to captain the USS Cruncherprise while Alex is out on vacation. If you’re missing his wit and wisdoms, fear not: He’ll be back next week.
As I mentioned last week, the news cycle tends to get a bit quieter in these last weeks of December — so expect these daily recaps to be a bit more compact accordingly. We should be back in the full swing of things next week, if only because that’s when CES is happening. (And, yes, it’s apparently still happening, despite a number of the biggest companies pulling out.)
Image Credits: Thitima Thongkham (opens in a new window) / Getty Images
For a country with just over five million people, New Zealand’s startup ecosystem is punching well above its weight.
In 2020, investors bet $158 million on 108 deals, the third consecutive year of growth. After a series of exits like RocketLab, Pushpay and Seequent, foreign investors like Sequoia and Founders Fund have taken notice.
“I’m hopeful over the next five years we’re going to start seeing more unicorns and real successes coming out of the market, which I think will create a positive halo effect and that’ll create the next generation of founders,” said James Pinner, acting CEO of New Zealand venture fund Elevate.
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)
Image Credits: SEAN GLADWELL / Getty Images
Are you all caught up on last week’s coverage of growth marketing and software development? If not, read it here.
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