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Thursday 09 December 2021

Funding

Cooks Global Foods details $8m rights issue 8th December 2021 /

Cooks Global Foods details $8m rights issue

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.


Seeka secures another $38m for expansion, acquisitions 3rd November 2021 /

Seeka secures another $38m for expansion, acquisitions

New Zealand’s largest kiwifruit grower says it has negotiated an increased debt facility of $190m, up from $152m.


Little Elephant launches $230k capital raise for expansion 2nd November 2021 /

Little Elephant launches $230k capital raise for expansion

Functional beverage startup Little Elephant Tonics is seeking up to $230,000 in capital to help fund exports to the US and Australia.


Sustainable Foods plants seed for $1.5m raise 21st October 2021 /

Sustainable Foods plants seed for $1.5m raise

The hemp meat trailblazer is looking to drive growth both here and overseas.


PledgeMe push for brownie and kefir co’s 12th October 2021 /

PledgeMe push for brownie and kefir co’s

Auckland’s The Kefir Co and Christchurch’s Badass Brownies are looking for funds via crowdfunding platform PledgeMe.


Batchwell cracks $1m in cap raise 26th August 2021 /

Batchwell cracks $1m in cap raise

Kombucha company Batchwell raised just over $1m in its equity capital raise, exceeding its minimum target of $700,000.


Ripple Foods raises $549k from NZ 30th July 2021 /

Ripple Foods raises $549k from NZ

US food-tech company Ripple Foods collected $549,450 from New Zealand wholesale investors in its oversubscribed $55m fundraising round.


Govt invests $1.56m in food waste projects 23rd July 2021 /

Govt invests $1.56m in food waste projects

The government is pumping a total of $1.56m into five projects to help address food waste.


KiwiHarvest, Wanakup, Hilton score food waste funding 21st July 2021 /

KiwiHarvest, Wanakup, Hilton score food waste funding

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.


GoodFor gets $2.2m max raise target 5th July 2021 /

GoodFor gets $2.2m max raise target

Package-free, lifestyle grocery store GoodFor has raised $2.2m of fresh cash, hitting its maximum capital raise target.


Rural Professionals Fund opens for round two 29th June 2021

Rural Professionals Fund opens for round two

The Rural Professionals Fund, established by the Our Land and Water National Science Challenge, is calling for applications for a second round of funding.


$50k HVN funding puts plums in spotlight 15th June 2021 /

$50k HVN funding puts plums in spotlight

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.


Bell rings for new SME stock exchange 11th June 2021 /

Bell rings for new SME stock exchange

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.


F&B a $29m winner in Snowball Effect’s first $100m 4th June 2021

F&B a $29m winner in Snowball Effect’s first $100m

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.


Agritech venture Vence raises $16m 17th May 2021 /

Agritech venture Vence raises $16m

New Zealand virtual fencing startup, Vence, has raised $16m which will help it prepare for its entry into the Australian and US markets.


Food innovation funding ready to roll – MPI 11th May 2021 /

Food innovation funding ready to roll – MPI

MPI is seeking more applicants from the food sector for SFF Futures funding.


Govt injects $20.5m into waste reduction for Tauranga 19th March 2021 /

Govt injects $20.5m into waste reduction for Tauranga

The Government has injected $20.5m into waste reduction for Tauranga City.