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Batman and Superman: Rubisco seeks $30m for wool-hemp domination

ANALYSIS: The fibre producer backed by the NBR Rich List Carr family is ready to scale new products domestically and then globally.

WATCH: NBR senior journalist Fiona Rotherham speaks with Simon Shepherd.

Key points
  • What’s at stake: Carr-backed Rubisco needs additional capital to take its hemp and hemp-and-wool products global.
  • Background: Rubisco added hemp to its wool yarn spinning mix in 2018 and, after extensive R&D, has developed a range of products that underpin its ambitious strategy to become the global leader in natural performance materials that affect how people build, decorate, live, work, and play.
  • Key players: Carr family, Draper family, Rubisco, Sustainable Food and Fibre Futures fund.

Rubisco stalwart Tracey Nobel-Ford sees a bright future in the company since its foray into hemp.

She’s worked at the company’s Christchurch-based yarn spinning plant for more than a decade through good times and bad, one of a number of staff whose lengthy expertise can easily cross over to hemp

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Fiona Rotherham Mon, 28 Jul 2025
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Key points
  • What’s at stake: Carr-backed Rubisco needs additional capital to take its hemp and hemp-and-wool products global.
  • Background: Rubisco added hemp to its wool yarn spinning mix in 2018 and, after extensive R&D, has developed a range of products that underpin its ambitious strategy to become the global leader in natural performance materials that affect how people build, decorate, live, work, and play.
  • Key players: Carr family, Draper family, Rubisco, Sustainable Food and Fibre Futures fund.
Batman and Superman: Rubisco seeks $30m for wool-hemp domination
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