The Startup Ecosystem of New Zealand

New Zealand has 8 cities in the top 1000 and is one of Australia and Oceania’s best countries for setting up a startup.

COUNTRY RANKING

Since 2023, New Zealand lost 1 spot in the Global Startup Ecosystem Index, having now positioned itself as 31st worldwide.

Population

5.2
Million

Regional Ranking

2nd
0
In Australia and Oceania

Global Ranking

31st
-
1
Worldwide

Ecosystem

Startup Ecosystem Overview

cityscape photo during daytime
New Zealand has come a long way from relying on an agricultural economy to focusing on technology and innovation. With the public sector’s involvement, the country now relies on startups to maintain economic growth. New Zealand has a great reputation when it comes to ease of doing business, and considering the country’s small population the results are encouraging, as the success stories of Xero and A2 Milk have shown.
The startup ecosystems in New Zealand have an interesting relationship with their Australian counterparts; Australia is not only a close ally but also a large potential foreign market. The two countries share the same language, and there is free movement across borders. On the other hand, as Australia offers so many incentives for talent to relocate, it is also a source of brain drain from New Zealand ecosystems. Besides the larger market for expansion provided by Australia, New Zealand entrepreneurs view the US, UK, and Singapore as possible places to scale their startups in spite of the time zone challenges.
However, there are multiple incentives for entrepreneurs within the country. For one, the maturation of the venture capital scene sends positive signals about the country’s startup ecosystem. Promising VCs such as Blackbird are raising record funds in New Zealand to support the tech sector. Moreover, New Zealand’s public sector has implemented several initiatives, such as the Elevate NZ Venture Fund, and other venture capital funds for early-stage startups.
The Public sector is active on other fronts besides investment. New [Research and Development Tax Incentives](https://www.rdti.govt.nz/#:~:text=The R%26D Tax Incentive (RDTI,credit refunded or carried forward.) help startups attract a highly qualified workforce, while the Entrepreneur Work Visa ensures a steady flow of foreign startup founders. It is encouraging to see New Zealand’s Action Plan for a More Entrepreneurial Economy and the eight strategic goals it set in the Start NZ Up Plan. There are also local ecosystem developers like the Nelson Regional Development Agency who support the growth of businesses and attract investment to their region.
These development plans are welcomed, as an overall increase in impactful startups is needed to take New Zealand’s ecosystem to the next level.

Free Dashboard
Pro Dashboard

ECOSYSTEM

Browse the startup ecosystem database of New Zealand

Download the Global Startup Ecosystem Index 

Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!

Ecosystem

The Startup Ecosystem in New Zealand

In 2023, New Zealand register a rise in Foodtech startups. Some of the most notable success stories in this industry are those of , Hnry.

Global Rank

New Zealand is ranked within the top 40 startup ecosystems globally.

Top Industries

New Zealand’s startup scene is best represented in Foodtech, Transportation, and in Software and and Data.

Top Cities for Startups in New Zealand - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
Access subscores for 1000 cities and 100 countries
2023 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
122nd
-
10
5.795
00.00
00.00
00.00
2nd
0
236th
-
6
2.113
00.00
00.00
00.00
3rd
0
249th
+
19
1.939
00.00
00.00
00.00
4th
+
1
493rd
+
114
0.511
00.00
00.00
00.00
5th
-
1
691st
-
113
0.262
00.00
00.00
00.00
6th
+
1
708th
+
115
0.250
00.00
00.00
00.00
7th
+
1
824th
+
49
0.187
00.00
00.00
00.00
8th
-
2
911th
-
93
0.146
00.00
00.00
00.00
Page out of 1

Startups

Notable Startups in New Zealand
Hnry startup icon
Hnry
Soul Machines startup icon
Soul Machines
ArchiPro startup icon
ArchiPro

Startups

Successful Foodtech startups in New Zealand
Rockit Apples startup icon
Rockit Apples
Stolen Rum startup icon
Stolen Rum
Heilala Vanilla startup icon
Heilala Vanilla

Startups

Startups Ranking by Industry

Foodtech icon
Foodtech
#16 worldwide

On our map, you can explore a total of 80 startups for Foodtech.

Transportation icon
Transportation
#17 worldwide

In Australia and Oceania, New Zealand's Transportation is in top 17. New Zealand has a concentration of about 24 of the region's total Transportation startups that are represented on our map.

Software and Data icon
Software and Data
#25 worldwide

New Zealand's Software and Data is ranked 25th in the world. Our database contains 24 for this industry.

Featured Ecosystem Portals

Go to portal
Go to portal

Become our New Zealand Ecosystem Partner

Apply to join hundreds of leading ecosystem developers and represent the New Zealand startup ecosystem at no cost.

BLOG

Recent Posts

Mon Jun 05 2023

4 Reasons to Join StartupBlink’s Ecosystem Development Community

Join Now! Startup Ecosystem Development is a dynamic topic that requires keeping up with the most innovative policies, developments, and practices in the global startup scene. To bring startup ecosystem developers around the world together and help them to network and share knowledge, we decided to launch the StartupBlink Ecosystem Development Community on Slack. In […]

Wed May 10 2023

The Barcelona and Catalonia Startup Ecosystem Report

Download the Barcelona and Catalonia Report Ecosystem Report

Mon May 08 2023

Top Global Startup Influencers in 2023

Download the Global Startup Ecosystem Index   Unlock the full list of Influencers with the StartupBlink Pro Purchase Now Key Insights: US Entrepreneurs are in a much better position to become influencers The United States has 130 influencers, representing 80% of all influencers globally, mainly hailing from major cities such as San Francisco,  New York, […]