Technology company Mindhive is counting down to the closing of its capital raise, which has blasted through its minimum target.
The biotech startup secures funding from the Sustainable Food and Fibre Futures in a vote of confidence in the cultivated meat sector player.
Refrigeration technology business AoFrio is building its food services and food retail marketing business in the US, according to a first quarter trading update.
TradeWindow’s $2.2m capital raising programme has gone unconditional, after reaching the $1m threshold following commitments from chief executive and founder AJ Smith, together with another cornerstone shareholder.
TradeWindow delivered unaudited trading revenue of $6.2m in the year to 31 March 2024, coming in at the top end of a previously narrowed guidance range.
Technology company Mindhive has gone live for a capital raise as it looks to grow the application of its machine-vision-enabled AI into the meat industry.
The new venture has industry and investment heavyweights behind it as it prepares to enter the B2B market with its first product: whipping cream.
The New Zealand Customs Service is seeking information from suppliers on potential solutions to digitalise the maintenance of the Tariff of New Zealand.
Refrigeration technology business AoFrio has seen its annual loss deepen to $3.3m compared with a pre-tax loss of $1.2m in the 12 months to 31 December 2022.
Technology company Mindhive is preparing for a capital raise as it looks to grow the application of its machine-vision-enabled AI into the meat industry.
While competition, price gouging, and power asymmetries must be scrutinised, issues of worker and customer surveillance are the other side of the same coin.
Callaghan Innovation has expanded its Industry 4.0 nationwide showcase, with the support of manufacturing consultants LMAC Group as a partner.
Privacy Commissioner Michael Webster will use his inquiry powers to keep a close eye on the facial recognition technology (FRT) trial that Foodstuffs North Island is starting on Thursday 8 February.
New Zealand agritech startup WayBeyond is looking beyond helping growers solely with yield, but now also providing data solutions that will improve food security and promote sustainable practices.
Shareholders of listed food industry supplier MHM Automation have backed its proposed $151.4m sale to US-based Bettcher Industries.
Registrations will close at the end of the month for the 2024 Sprout Accelerator.
TradeWindow says it remains on track to hit its revenue guidance for FY24 at $6m to $6.5m, in a third-quarter trading update.
New Zealand-founded agritech business CropX Technologies is buying Green Brain, a digital irrigation management solutions provider based in Adelaide, Australia.
Supply chain software business, TradeWindow, is opting to reduce its headcount by 40% to 48 people as the early-stage growth company looking for sustainable financial footing.
Supply chain software business, TradeWindow, said its lender ASB Bank has extended the interim waiver on a lending covenant breached because of the nChain deal being delayed.
A Chinese company with $48bn of international assets including 70 science parks is looking to New Zealand to explore the opportunity of developing a local food, health and tech incubator.
Refrigeration technology business AoFrio has downgraded its full year guidance on the back of global economic uncertainty impacting customers, including the residual effects from global supply chain issues.
Dunedin’s Scott Technology has posted a 21% jump in group revenue to $268m, in its full year results for the year ended 31 August 2023.
The agritech startup’s latest investment round is also supported by an Auckland-based deep tech investor.
Frucor Suntory’s adoption of SAP’s Business Technology Platform has driven a 13% increase in staff productivity and 3% increase in sales revenue, according to the technology company.
All systems are go to establish a fully operational Horticulture Technology Catalyst by 2024.
Dairy farm reporting software company Trev has acquired red meat specialist Cloud Farmer, a pioneer of farm recording in New Zealand.
Trade Window has struck a partnership with Australia’s peak body for exporters, Export Council Australia, to accelerate the adoption of digital solutions for trade.
The hospitality technology platform First Table blows through its minimum target to take in $2.79m from investors but falls short of its $4m maximum.
New Zealand-founded agritech company CropX has raised $50m (US30m) in Series C round.
Hospitality technology platform First Table is live with its $1.5m capital raise.
TradeWindow is looking to reduce its headcount by up to a third, as part of proposed cost reductions to reduce cash usage to a more sustainable level.
Ten agrifoodtech innovators including food waste venture Circlr have been selected for Sprout’s 12-week accelerator.
Foodstuffs North Island is trialling a stock management tool designed to help supermarkets reduce the amount of food that goes to waste.
TradeWindow says it has raised $5.4m in its discounted non-underwritten capital raising, well short of the $20m it was seeking.
Foodstuffs North Island’s IT team have deployed satellite-based internet Starlink kits to help restore links to affected stores cut off by Cyclone Gabrielle.
The purchase of California-based precision irrigation startup comes as demand for precise watering technologies in agriculture increases.
Fonterra has signed a five-year contract to install Eroad fleet management hardware across its fleet of 500+ milk tankers.
Hospitality technology platform First Table is preparing to hit the fundraising trail early this year.
TradeWindow is planning to raise up to $20m via a non-underwritten capital raising to drive growth, scale and profitability.
But it is criticised by Consumer NZ, which highlights the co-op’s use of the tech since 2018 and says it is the only major retailer in NZ scanning shoppers’ faces.
Food and beverage industry appointments and people moves for the week to 22 July.
After 22 years, Greg Jarvis is stepping aside as chief executive of agritech business Bluelab.
The annual New Zealand Institute of Food Science and Technology award for significant contribution to food safety, sponsored by MPI, went to The New Zealand Institute for Plant and Food Research’s Food Safety and Preservation Team.
Future food technologies are an opportunity for traditional food and fibre.
Dunedin-headquartered automation and robotics company Scott Technology has signed a US$35m ($53m) deal with a Canadian beef giant.
KPMG’s Matthew Lancaster on the impact the technology could have in food and fibre training and education, or on cutting food waste.
Food Standards Australia New Zealand is calling for comment on two applications to allow new processing aids from genetically modified sources.
Agri-tech developer WayBeyond has launched the FarmRoad app to make it faster to detect pests and pathogens in field crops.
Same-day delivery service Sherpa says it has secured major retail partnerships in New Zealand as it looks to scale up its volume and presence.
Food manufacturers have a major digital gap on the production floor, according to a new report from smart manufacturing platform iMonitor.
Burgers inspired by Artificial Intelligence, from chef Dale Bowie and AgResearch.
NIWA scientists have completed a first successful deep water test run in the Cook Strait of a six-metre-long autonomous vessel to help them count fish.
The precision growing technology business was last night named the supreme winner at the awards.
Listed food industry supplier MHM Automation has reported a net profit of $1.41m for the six months to December 2021, up 279% on the previous corresponding period.
Fonterra is selling down its 100% ownership of the Global Dairy Trade platform, bringing in the European Energy Exchange and the New Zealand Stock Exchange.
The Warehouse founder’s venture capital fund backs NZ ventures seeking global exposure.
New Zealand’s food producers and manufacturers need new technologies and business models to help shift to more sustainable and healthy products, says the OECD.
Five finalist have been selected in the Australia and NZ Produce Marketing Association’s second annual Tech Innovation Awards.
The event brings together more than 170 participants from high value food, fibre and technology industries across NZ.
The Ticker sits down with Finistere’s investment manager to find out what NZ opportunities he will be looking for.
Maker2U will launch its online farmers’ market sister-website in the UK later this year.
Forget supermarket shelves, futurist Melissa Clark-Reynolds says the front of the kitchen fridge will be the battleground for brands.
Ten ‘big ideas’ including sheep facial recognition software Genesmith have been named as finalists in the Food, Fibre and Agritech Supernode Challenge.
Delegates from around the country are converging on the Manawatu for the 2021 New Zealand Agrifood Week.
Around 8,000 unique investors took part in more than 9,000 transactions in 2020.
The vehicle has attracted a $14m commitment from New Zealand Growth Capital Partners.
Agtech firm WayBeyond is taking up the sustainability challenge for Earth Day 2021.
NZ food and beverage start-ups are invited to apply for Rabobank’s 2021 Pitch programme for FoodBytes!
A new plant-based ice cream is one of five business start-ups moving through to the final stage of Venture Taranaki’s business accelerator, the PowerUp Ideas Competition.
The fast-growing alternative protein market is on track to account for 11% of the global protein market by 2035.
The supermarket has introduced Order Storage Retrieval units to its Moorhouse store at Christchurch.
T&G Global is using eight new automated picking platforms this apple season to help improve productivity and safety.
Leading NZ food founders launch a new collective to grow the domestic food tech industry with an eye on long-term food stability.
Southland’s largest employer is automating its warehouse and using laser guided storage and retrieval systems.
Gil Meron, founder of Yarden Group in Israel, is taking up the role.
iMonitor says Covid-19 shined a spotlight on the importance of food safety.
Shop’nGo technology has been installed at all six of its sites in the city.
Wine Monster was founded by the team behind craft beer subscription service Beer Hug.
Countdown’s general manager of digital was named in an event at the Civic Theatre in Auckland.
Developing new high-value dairy and nutritional products and two global opportunities identified in the landmark report.
It was recognised in the 2020 Hong Kong Dining Awards.
Safe Food Pro has been awarded for its contribution to New Zealand’s food industry during the pandemic.
A digital food and beverage directory has won an award for the way it assisted the hospitality sector during the Covid-19 lockdown.
The Dunedin-based star helps winemakers automate the fermentation analysis process.
Waikato Milking Systems is helping farmers across New Zealand make the switch to sheep and goat milk.
New World Papakura is trialling Zoom Trolleys in-store, enabling customers to walk around the store hands-free.
