13th November 2023 Innovation / NIQ
NIQ’s annual Breakthrough Innovation report took in NZ for the first time this year, so which Kiwi brands have been named innovation leaders?
From developing cutting-edge tech to transform agri, private players are working with industry to disseminate innovation.
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.
With AI producing results when it comes to NPD, think tank Te Puna Whakaaronui takes a look at what is happening globally and asks, ‘what should be happening in New Zealand?’
Cultivated chicken, next-gen avocado, a new kind of vegetable and a raft of kitchen and cooking innovations make the publication’s top inventions of 2023.
One of the world’s biggest and most influential food and beverage trade events showcases leading industry innovation.
Sprout is searching for the next round of ventures to join its accelerator.
A new global knowledge exchange programme to support Māori innovators in agri-food tech has been launched, expecting to place up to 15 leaders over the next three years.
Farm reporting and insights platform, Trev, is chasing a $2.23m capital raise to accelerate its growth strategy.
Supie’s Sarah Balle and Ārepa Holding’s Angus Brown have been selected as finalist in EY Entrepreneur Of The Year 2023.
The government has welcomed a report from the Startup Advisors Council on steps to support a thriving startup sector in New Zealand.
All systems are go to establish a fully operational Horticulture Technology Catalyst by 2024.
Foodstuffs has launched an inaugural Emerging Supplier Competition searching for new products with the potential to disrupt a category and change the way consumers shop.
Vertical farming offers a sustainable solution that uses 98% less water than traditional agriculture and can help support food security, according to Vertical Future’s founder Jamie Burrows.
Reusable cup venture Turn Systems is one of two New Zealand startups selected in a ten-strong cohort of emerging innovators for PepsiCo’s inaugural APAC sustainability accelerator.
A storage space optimiser for dry good products developed by Gladfield Malt has applications for the dairy industry, and other food system manufacturers.
Could the future of cooking be 3D-printing? That’s what researchers at Columbia University set out to investigate in a study that involved 3D-printing a seven-ingredient, seven-layer vegan cheesecake.
Twenty fresh-faced ventures looking at food system innovations ranging from truffles to fish trimmings have been selected for the 2023 Food Fibre and Agritech Challenge.
Te Puna Umanga /Venture Taranaki, the regional development agency, has opened applications for its PowerUp Business Ready programme.
Biotechnology holds solutions to both climate change and meeting the nutritional needs of a growing population, but we are far from fully realising its potential to deliver on the green transition.
Trade and Agriculture Minister Damien O’Connor will visit Europe this week to discuss the role of agriculture in climate change and food security, World Trade Organization reform, and New Zealand’s agricultural innovation.
This year has been a fertile one for F&B fundraising, with an array of companies successfully – and a few unsuccessfully – looking at home and abroad to fill their coffers.
Meat alternatives, coffee challengers, and inventions that help produce foods and beverages faster, quieter, tidier or more sustainably were on a hit list of Time Magazine’s top innovations of 2022.
The Wellington wine tech startup has landed “some of the biggest wineries in the US” as customers, and secured a spot at TechCrunch Disrupt.
The global collaboration includes Sophie’s Bionutrients and Cawthron Institute and aims to unlock microalgae’s future in food nutrition.
“We see a clear opportunity to win in critical segments of the global wellbeing nutrition space,” says chief innovation and brand officer, Komal Mistry-Mehta.
WheyTech Bionics NZ is developing what could be the first New Zealand-made sweetener to market – and one that diabetics could also use.
The Financial Times takes a look at fermented, animal-free proteins.
The joint venture aims to commercialise precision fermentation IP developed in partnership with Royal DSM.
A new piece of patent-pending kit will unlock domestic capacity, while an international opportunity is also being assessed.
Protecting NZ fisheries and land-based primary industries loom large in list of economic and financial system actions.
“It is extremely important for New Zealand to develop future capability in cellular agriculture and exploit new commercial opportunities,” Riddet Institute director Harjinder Singh says.
A 3D printing venture, e-commerce platform, and robotic silo sensors are among the nine ventures to make the latest Sprout accelerator cohort.
“Nobody else knows the biochemistry of milk as well as our ecosystem does,” says precision fermentation startup co-founder Irina Miller.
Three NZ food firms have been picked to take part in a product innovation drive for launch into the Australian market.
Booster has added a stake in Hot Lime Labs to its innovation fund portfolio with a $361,000 investment into the startup.
Future food technologies are an opportunity for traditional food and fibre.
Improving the sustainability and productivity of New Zealand’s food system will not be enough to fortify against challenges such as climate change and new consumer and geopolitical landscapes.
A move to digital ordering was the most popular innovation, according to a Restaurant Association survey, with Covid and convenience driving the shift.
Finery Cocktails founder Jane Allan and Secret Kiwi Kitchen’s Lauren Lulu Taylor and Clare Gallagher have been named finalists for business growth eco-system Soda’s 2022 Rise Up competition.
Rescued commodities platform pilot scheme has already got the backing of Citizen Collective, Chia Sisters and others.
The shortlist includes a new pea protein venture targeting the fast-growing market in plant-based foods.
Hundreds of New Zealand companies are set to benefit from the launch of two new grants aimed at fuelling firms that want to innovate, says Research, Science and Innovation Minister Megan Woods.
KPMG’s Matthew Lancaster on the impact the technology could have in food and fibre training and education, or on cutting food waste.
Nominations for the 2022 New Zealand Kiwifruit Innovation Award are now open.
The oil extraction technology will be trialled with green-lipped mussel and cannabis manufacturers.
The organisation is looking for cutting-edge businesses to register for global connections, mentorship, and the chance to pitch for up to $1m in seed stage investment.
The Kiwi startup is winning hearts and minds – and crucial shelf space – with what it says is the world’s first full-strength non-alc terpene spirit.
Functional plant proteins, 3D printed food, and energy from waste are among the 24 ventures that will go through to an accelerator.
The co-op’s innovation into hop oil is allowing it to explore new food and beverage categories.
Get your applications in all you innovators – entries to the Food, Fibre and Agritech Supernode Challenge 2022 close 20 March.
ChristchurchNZ has launched the its second annual Food, Fibre and Agritech Supernode Challenge.
Prime Minister Jacinda Ardern will undertake a trade visit to the United States in May focused on New Zealand’s high-technology export sectors, including agri-tech.
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.
The SOE targets the healthy ageing category for the longterm commercial success of its ‘world first’ product.
The kiwifruit co-op is reviewing its innovation model and is calling for input from stakeholders.
Baby food venture Norish has won the inaugural Innovate Hawke’s Bay awards.
The 12-month programme provides access to Countdown’s customer marketing and insights teams, as well as product development and manufacturing support.
New Zealand food and beverage startups managed to secure about $3.7m in early stage investment during the first half of 2021.
The tie-up is part of the exporter’s expansion of its higher value active living ingredient business.
The Sprout Accelerator has put out a final call for cutting-edge businesses to register for global connections, mentorship, and the chance to pitch for up to $1m in investment.
Ministry of Awesome, Foodstuffs South Island, Foodstuffs North Island, New Zealand Food Innovation Network and Strategy Creative.
Two food and agritech concepts have made it through to the final of the Manawatū start-up support programme, Innovate.
Auckland’s The Kefir Co and Christchurch’s Badass Brownies are looking for funds via crowdfunding platform PledgeMe.
The government’s Sustainable Food and Fibre Futures fund is contributing $2.6m towards a $5m project to develop a commercial-scale autonomous robotic asparagus harvester.
The foodtech startup is moving from a successful trial with Fonterra to one with US dairy company Valley Queen Cheese.
The nootropics venture is the only NZ startup selected from 375 applicants for Rabobank’s global food and ag innovation programme.
Co-founders Ali Alomari and Leila Deljkovic are sounding out investors as the startup preps for a commercial pilot in Marlborough.
Think you know reusable takeaway coffee cup company Again Again? Think again (again).
Michal Garvey’s Auckland-based food waste startup has signed its first cafes in the capital.
Development of Hawke’s Bay new $18m food innovation hub, ‘Foodeast’, will start in September.
A sparkling mead maker, a plant-based food manufacturer, and a probiotic kefir company are among twelve startups selected for Sprout’s accelerator.
New Zealand’s largest kiwifruit grower, Seeka, has bought a $2.6m minority stake in hort tech startup Fruitometry.
The future of meat prices and production are likely to be challenged by the emergence of a cultivated meat sector on track to become a US$25bn global industry by 2030, according to a new report from McKinsey.
Package-free grocery store GoodFor is closing in on the half-way point of its capital raise target after the offer went live to the public this week.
New Zealand virtual fencing startup, Vence, has raised $16m which will help it prepare for its entry into the Australian and US markets.
Higher margin evidence-based health and wellness products present a huge opportunity to change the value of New Zealand’s agriculture and food sectors.
Meeting climate change and environmental challenges means backing innovation, writes AgResearch’s Dr Trevor Stuthridge.
The vehicle has attracted a $14m commitment from New Zealand Growth Capital Partners.
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.
Leading NZ food founders launch a new collective to grow the domestic food tech industry with an eye on long-term food stability.
Participants would embark on an intensive seven-week accelerator programme, after which the top eight finalists would present to a panel of experts where they would compete for a share in a prize pool of more than $130,000.
A competition to find innovative food and beverage startups has gone national in an effort to support new businesses and suppliers.
ASB is offering four $50,000 grants for New Zealand businesses choosing to innovate amid the Covid-19 pandemic.