8th December 2021 CGF / Funding
NZX-listed international coffee chain Cooks Global Foods has set a price of 3 cents a share for a rights issue, which is targeting $8m to restructure its balance sheet.
New Zealand’s largest kiwifruit grower says it has negotiated an increased debt facility of $190m, up from $152m.
Functional beverage startup Little Elephant Tonics is seeking up to $230,000 in capital to help fund exports to the US and Australia.
The hemp meat trailblazer is looking to drive growth both here and overseas.
Auckland’s The Kefir Co and Christchurch’s Badass Brownies are looking for funds via crowdfunding platform PledgeMe.
Kombucha company Batchwell raised just over $1m in its equity capital raise, exceeding its minimum target of $700,000.
US food-tech company Ripple Foods collected $549,450 from New Zealand wholesale investors in its oversubscribed $55m fundraising round.
The government is pumping a total of $1.56m into five projects to help address food waste.
Queenstown’s Hilton Hotel, perishable food rescuers KiwiHarvest and Wanaka reusable cup service Wanakup, were among nine applicants that would receive QLDC funding for waste reduction projects.
Package-free, lifestyle grocery store GoodFor has raised $2.2m of fresh cash, hitting its maximum capital raise target.
The Rural Professionals Fund, established by the Our Land and Water National Science Challenge, is calling for applications for a second round of funding.
The High-Value Nutrition Ko Ngā Kai Whai Painga National Science Challenge has provided a $50,000 development grant to Hastings-based research and project management collaborator Foot Steps to investigate the Damson plum.
A new stock exchange is to be launched in New Zealand targeting small to medium-sized companies who want to access public investment but are too small to list on the NZX.
Food & beverage has proved to be the most popular sector for online investment marketplace Snowball Effect which said close to a third of the first $100m it has raised to date has gone to the innovative sector.
New Zealand virtual fencing startup, Vence, has raised $16m which will help it prepare for its entry into the Australian and US markets.
MPI is seeking more applicants from the food sector for SFF Futures funding.
The Government has injected $20.5m into waste reduction for Tauranga City.