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The Startup Ecosystem of Palmerston North

Palmerston North has 7 startups in our sample database. This represents about 1% of New Zealand’s startups. Palmerston North is the 5th best startup ecosystem in New Zealand.

CITY RANKING

While Palmerston North decreased by 100 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in New Zealand increased by 1 spot.

National Ranking

5th
+
1
In New Zealand

Regional Ranking

16th
+
1
In Australia and Oceania

Global Ranking

808th
-
100
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Palmerston North Top Startup Industries

Foodtech icon
Foodtech
3 startups
Software & Data icon
Software & Data
2 startups
Healthtech icon
Healthtech
1 startups

Ecosystem HealthCheck

Palmerston North Ecosystem Health Check

The health check tables allow you to look at the performance Palmerston North has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global8087
Ecommerce & RetailN/A00
Edtech00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00
Healthtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Palmerston North

Download list
Unranked
Miruku startup logo
Foodtech | Food and Beverage
Unranked
Unranked
ANDFOODS startup logo
Foodtech | Food and Beverage
Unranked
Unranked
Unranked
V-Electric startup logo
Hardware & IoT | Hardware
Unranked

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Startup Ecosystem Charts

Startup Funding in Palmerston North2017 - 2024

Startup Funding in Palmerston North 2017 - 2024

From 2022 to 2023, startup funding in Palmerston North has decreased by 100%. During this period, the number of deals in Palmerston North has decreased by 100%. Since 2017, total startup funding in Palmerston North exceeded US$ $92.26M.

Average Funding in 2023

$0.00

Palmerston North
New Zealand
-100.00% YoY

Funding in 2023

$0.00

Palmerston North
New Zealand
-100.00% YoY

Deals in 2023

0

Palmerston North
New Zealand
-100.00% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B02468

Ecosystem

The Startup Ecosystem in Palmerston North

Startups in Palmerston North excel in Foodtech, Software & Data, and and Healthtech. There are some notable success stories contributing to the city’s growing Foodtech industry. One of the most promising startups in Palmerston North in 2024 is BioLumic, and Nuwave Software.

Global Rank

Palmerston North is ranked within the top 1000 startup ecosystems globally.

Top Industries

Palmerston North’s startups excel particularly in Foodtech and in Software & Data, and Healthtech. Find out more

Top Cities for Startups in New Zealand - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
informational icon
Business Score
1st
0
116th
+
6
6.478
00.00
00.00
00.00
2nd
+
1
254th
-
5
1.666
00.00
00.00
00.00
3rd
-
1
286th
-
50
1.444
00.00
00.00
00.00
4th
0
518th
-
25
0.458
00.00
00.00
00.00
5th
+
1
808th
-
100
0.184
00.00
00.00
00.00
6th
+
1
931st
-
107
0.136
00.00
00.00
00.00
7th
-
2
971st
-
280
0.125
00.00
00.00
00.00
8th
0
1006th
-
95
0.112
00.00
00.00
00.00
9th
new
1264th
new
0.053
00.00
00.00
00.00
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Startups

Notable Startups in Palmerston North
BioLumic startup icon
BioLumic
Nuwave Software startup icon
Nuwave Software

ECOSYSTEM

Why should you join Palmerston North's Startup Ecosystem?

Overview

5th

National Rank

16th

Regional Rank

Overview

ECOSYSTEM
Startup Infrastructure in Palmerston North
With a large variety of initiatives, Palmerston North's startup ecosystem stands out from other cities in Australia and Oceania. Palmerston North offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Palmerston North's most prominent support initiatives:

Accelerators

BLOG

Recent Posts

Mon Apr 14 2025

From Service-Based to Product-Based Economy – Lessons from North Macedonia

In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]