Kry10 successfully concludes Pre-Series A NZ$6m capital raise
Congratulations to Kry10, a startup developing a cyber security platform for connected devices, on its NZ$6 million Pre-Series A capital raise. The round was filled by an interesting mix of local and offshore investors, including lead investor Folklore, a Sydney based VC, IQT, a global strategic investor based in Virginia, and New Zealand investors Movac, Nuance Connected Capital, Rotomā and others.
Lowndes Jordan Partner Rick Shera acted for Kry10, assisted by Senior Associate Anna Lee. Rick notes:
“we are expecting big things from Kry10 and are proud to have worked with the team on this important next step in their progress”.