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Serko R&D Grant Extended for a Further 2 Years at $1M per Annum

March 23, 2017 Tech No Comments Email Email

Serko Ltd. (SKO.NZ) Serko, a leader in integrated travel and expense management applications,  announced today that its existing Callaghan Innovation Grant has been extended for a further 2 years, to 30 June 2019 – with an additional value of $2 million.

The new funding is an extension to a previous $4.2 million Callaghan Innovation Research and Development Growth Grant from the New Zealand Government, for R&D over three years, awarded in June 2014.

Serko will be using the additional funding to fuel development of its predictive technology that will see its integrated travel and expense solution lead the way and create growth opportunities on a global stage.

Serko CEO, Darrin Grafton said, “we want to thank the New Zealand Government for its continued support and are excited to be able to fast-track development in an area we already know is going to be revolutionary.”

Serko has a dedicated product development department at its Auckland headquarters, which makes up part of a 100+ strong team worldwide, with other offices in Sydney Australia, Xi’an City China.

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