The move follows a report by the Prime Minister’s Science, Innovation and Technology Advisory Council identifying four priority areas for future public investment.
Jun Chu took part in the listed medicinal cannabis company’s $2.3m capital raise in late 2025.
It has also signed an agreement to commercialise a new technology that allows storage of injectables at room temperature.
Hale Animal Health has added Australia animal health investor Arrow Ventures onto its cap table.
The startup that was trying to design plants to manufacture life-saving medicines has pulled the plug.
The Series A investment will help commercialise the medical device company’s portable photon-counting CT scanners in the US and NZ.
The money will go towards a pilot plant to scale its pioneering sustainable Celluspheres technology.
The startup is close to securing a strategic US investor that would allow the co-founders to sidestep local VC seed money.
Kiwi entrepreneur James Colley has started a mental health platform offering world-first AI video therapy with intelligent crisis alerts.
Venture capitalists name their picks of the startups most likely to make good progress this year.