Benjamin Chong at Right Click Capital has penned a piece introducing Venture Debt. As far as we know, there haven’t been any venture debt deals in New Zealand yet, but one of the new Technology Incubators is a major supporter of this funding instrument, so this may change. Sometimes pitched as an alternative to venture capital/equity funding, we view it as being more complementary, especially for start-ups that might find it difficult to raise a bridging round.

Read more here: https://www.startupdaily.net/2019/12/venture-debt-friend-or-foe-for-startup-founders/