The New Zealand agtech ecosystem is starting to gain recognition for its innovation well beyond the boundaries of New Zealand.
New Zealand’s agtech sector is in robust health with great deal flow opportunities for international, as well as domestic, investors. But the country lacks a coherent story that articulates our strengths in this space, writes Peter Wren-Hilton.
The founder of Rockit Global, the New Zealand company that holds the global rights to the mini Rockit apple variety, has sold over 50% of the company to two private equity firms Pioneer Capital and Oriens Capital for around N$25 million ($17 million).
Sprout's agritech accelerator helped startups raise $1.5m in the first cohort, but the program is doing more to differentiate itself than pure funding.
Engender Technologies, a company that has developed a laser-based method for sexing livestock sperm, last week raised a $4.5 million.
The BCC (Building Clever Companies) has launched Sprout Agri-Tech, a 20-week accelerator program to help formalize a disparate agtech startup scene in New Zealand.
New Zealand-focused asset manager Craigmore Farming is launching its second fund to focus 100% on dairy at the request of pension fund clients.