No 8 Ventures

Archive: News

OpenCloud secures £5 million investment and OEM agreement with Nokia Siemens Networks

Posted by: | Getting Funded | Glenn Milnes | Innovation | Investment | New Zealand | News | No8 Investments | Technology | Venture Capital | 05.10.2010

We were pleased to participate in a recent investment round into OpenCloud together with Nokia Siemens Networks (NSN) and Advent Ventures, are particularly pleased to see OpenCloud continue on its a rapid growth path. OpenCloud’s technology platform is being deployed into the heart of the world’s largest telecommunications companies – with 13 new tier-1 customer […]

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Former America’s Cup Chief Joins Martin Aircraft Company

Posted by: | Cool Stuff | Glenn Milnes | New Zealand | News | No8 Investments | Technology | 12.02.2009

We”re pleased to announce that Anthony Romano has joined the board of the Martin Aircraft Company.  Anthony is the former head of Luna Rossa”s 2007 America”s Cup syndicate, and prior to this was CEO of Calvin Klein Europe. His capability in building world class brands and his track record in developing businesses in the European market makes him an excellent fit within an already strong board.  In […]

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Surveylab and ikeGPS making waves

Posted by: | Cool Stuff | Glenn Milnes | Innovation | New Zealand | News | Technology | 11.09.2008

Surveylab and the ikeGPS product is having a real impact on the GPS handheld market. This review by Don Jewell, the editor of GPS World, is worth a read. We particularly liked his summary: ‘for their specific purpose they are certainly the best GPS devices I have ever seen or used, and the degree with […]

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Morgo

Posted by: | Cool Stuff | Innovation | Jenny Morel | Marketing & Evangelism | Morgo | New Zealand | News | 01.09.2008

Just back from Morgo. The best couple of days in a long time. The purpose is to give everyone a re-charge, to excite them about the business of being entrepreneurs, and it certainly seemed to do that. Lots of stars, including Glenn Martin talking about his Jetpack, Didier Elzinga from Rising Sun Pictures, Bill Day […]

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No 8 Ventures congratulates Martin Aircraft Company on the world’s first practical jetpack!

Posted by: | Cool Stuff | Glenn Milnes | Innovation | Jenny Morel | New Zealand | News | No8 Investments | Venture Capital | 30.07.2008

Martin Aircraft Company today unveiled the world’s first practical jetpack at Airventure, Oshkosh, Wisconsin.  This is the culmination of nearly 30 years of research and development by Glenn Martin and a team of avionic, technical, design and production experts.  For the next week the Martin Jetpack features as one of the star attractions alongside Virgin […]

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Limited Partnership legislation comes into force

Posted by: | Getting Funded | Glenn Milnes | New Zealand | News | Tax & regulatory | Venture Capital | 06.05.2008

The new Limited Partnership Act 2008 came into force on 2 May 2008, which provides New Zealand with an internationally recognised regime to underpin investment in the venture capital and private equity industry.  This welcome legislation is the result of 5 years lobbying and development across our industry.  A summary of key aspects of the Act can be viewed on a dedicated section of the Companies […]

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Vertical Composting win contract for Scottish expansion programme

Posted by: | Glenn Milnes | News | No8 Investments | 11.02.2008

Vertical Composting’ units will be used to process kitchen waste from Aberdeen.  Keenan Recycling, based in New Deer in the UK, has ordered a 12 in-vessel composting unit from Vertical Composting in anticipation of Aberdeen city council collecting food waste this year.  Vertical Compostings technology has been chosen as the best solution to process kitchen waste in line with the new Animal By […]

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NZ Hi-Tech Awards

Posted by: | Glenn Milnes | Innovation | New Zealand | News | Technology | 23.10.2007

Congratulations to the finalists announced last week for the 2007 NZ Hi-Tech Awards.  It’s a great list of finalists that comprises some of the most dynamic organisations and individuals in the NZ tech sector.  As a first time committee member for the event, and having only recently returned to NZ, the breadth of innovation represented across a near record […]

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Smart Orthotics Receives Funding from No 8 Ventures

Posted by: | Cool Stuff | Jenny Morel | News | No8 Investments | Technology | Venture Capital | 21.09.2007

Smart Orthotics Limited, a company that is developing a robotic exoskeleton for disabled users, today announced that it has received venture capital funding from No 8 Ventures.  The new capital will be used to support further product development, production engineering and enable a release to market of their Robotic Mobility Aid for disabled persons. “There […]

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NZ offshore investment tax

Posted by: | Andy Lark | Jenny Morel | News | Tax & regulatory | Venture Capital | 28.02.2007

For the introduction of the kiwi saver scheme in April 07, the NZ Government is changing portfolio investment rules – making investment in NZ and Australian shares free of tax on gains, but tightening up tax of gains on shares elsewhere.  These offshore share value gains will all be taxed annually on an imputed unrealised […]

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