NZ’s agritech sector needs ‘workhorses, not unicorns’
Halter recently raised $377 million at a $3.4 billion valuation, but Michael Macolino argues venture capital is not always a good fit for agritech startups.
Kiwi agritech unicorn Halter is held up as an industry success, particularly after being valued at $3.4 billion following a $377m capital raise last month led by Peter Thiel’s Founders Fund.
But the agritech sector needs to build workhorses, not unicorns, Michael Macolino told the Agritech