powerHouse » News https://www.powerhouse-ventures.co.nz capital + expertise Sun, 29 May 2016 20:43:59 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.8 Invert Robotics trialling inspections of Air New Zealand aircraft https://www.powerhouse-ventures.co.nz/news/invert-robotics-trialling-inspections-of-air-new-zealand-aircraft/ https://www.powerhouse-ventures.co.nz/news/invert-robotics-trialling-inspections-of-air-new-zealand-aircraft/#comments Sun, 29 May 2016 20:43:59 +0000 https://www.powerhouse-ventures.co.nz/?p=3680 Invert Robotics is conducting trials of its wall-climbing, camera-mounted robots to carry out remote inspections on Air New Zealand aircraft.

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Invert Robotics is conducting trials of its wall-climbing, camera-mounted robots to carry out remote inspections on Air New Zealand aircraft.

In the media:

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Invert Robotics set to take on Europe https://www.powerhouse-ventures.co.nz/news/invert-robotics-set-to-take-on-europe/ https://www.powerhouse-ventures.co.nz/news/invert-robotics-set-to-take-on-europe/#comments Tue, 24 May 2016 21:01:59 +0000 https://www.powerhouse-ventures.co.nz/?p=3677 Invert Robotics is raising capital to expand into the European dairy market and is in partnership discussions with a multi-billion euro turnover company over the use of its technology.

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Invert Robotics, which uses robotics to revolutionise the way industrial tanks are inspected, is raising capital to expand into the European dairy market, and is in partnership discussions with a multi-billion euro turnover company over the use of its technology.

For the full press release see http://www.scoop.co.nz/stories/BU1605/S00728/world-first-kiwi-robotics-technology-set-to-take-on-europe.htm

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Avalia mentioned in health research funding announcement https://www.powerhouse-ventures.co.nz/news/avalia-mentioned-in-health-research-funding-announcement/ https://www.powerhouse-ventures.co.nz/news/avalia-mentioned-in-health-research-funding-announcement/#comments Thu, 19 May 2016 20:24:52 +0000 https://www.powerhouse-ventures.co.nz/?p=3673 Avalia Immunotherapies was highlighted by Science and Innovation Minister Steven Joyce when he discussed the recent health research funding announcement on Newstalk ZB.

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Avalia Immunotherapies was highlighted by Science and Innovation Minister Steven Joyce when he discussed the recent health research funding announcement on Newstalk ZB:

http://www.newstalkzb.co.nz/news/health/97-million-cash-injection-for-health-sector/

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Budget 2016: $97m extra for health research https://www.powerhouse-ventures.co.nz/news/budget-2016-97m-extra-for-health-research/ https://www.powerhouse-ventures.co.nz/news/budget-2016-97m-extra-for-health-research/#comments Wed, 18 May 2016 00:45:32 +0000 https://www.powerhouse-ventures.co.nz/?p=3668 The Government will increase funding for health research by $97 million over the next four years, Science and Innovation Minister Steven Joyce and Health Minister Jonathan Coleman announced yesterday.

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The Government will increase funding for health research by $97 million over the next four years, Science and Innovation Minister Steven Joyce and Health Minister Jonathan Coleman announced yesterday.

Full story at: https://www.beehive.govt.nz/release/budget-2016-97m-extra-health-research

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Powerhouse deepens relationship with Victoria University https://www.powerhouse-ventures.co.nz/news/powerhouse-deepens-relationship-with-victoria-university/ https://www.powerhouse-ventures.co.nz/news/powerhouse-deepens-relationship-with-victoria-university/#comments Tue, 10 May 2016 01:43:54 +0000 https://www.powerhouse-ventures.co.nz/?p=3660 Powerhouse Ventures has developed a joint venture partnership with VicLink, Wellington's Victoria University's commercialisation office, in an effort to speed-up the commercialisation of more good ideas.

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Powerhouse Ventures has developed a joint venture partnership with VicLink, Wellington’s Victoria University’s commercialisation office, in an effort to speed-up the commercialisation of more good ideas.

Powerhouse deepens relationship with Victoria University (audio) – RNZ – Date: 10/05/2016

Strengthened alliance to assist Victoria University start-upsStuff.co.nz – Date: 09/05/2016

VUW signs deal with aim of “dramatically” growing new businesses – Scoop – Date: 09/05/2016

Victoria University IP commercialisation set to accelerate – Scoop – Date: 09/05/2016

Victoria University IP commercialisation set to accelerate – Voxy – Date 09/05/2016

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Conditions ripe for New Zealand Biotech https://www.powerhouse-ventures.co.nz/blog/conditions-ripe-for-new-zealand-biotech/ https://www.powerhouse-ventures.co.nz/blog/conditions-ripe-for-new-zealand-biotech/#comments Thu, 17 Mar 2016 19:35:01 +0000 https://www.powerhouse-ventures.co.nz/?p=3632 Colin Dawson, Chief Operations Officer, Powerhouse Ventures, reports from the recent Wealth from Science Symposium in Wellington (–15 March)

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18 March 2016

Colin Dawson, Chief Operations Officer, Powerhouse Ventures, reports from the recent Wealth from Science Symposium in Wellington (–15 March)

Attendees at the Wealth from Science Symposium heard how conditions are ripe for New Zealand researchers seeking investment to convert their biotech and medical discoveries into wealth and high-quality biotech companies in New Zealand.

New Zealand’s reputation as a country with world-ranked biotech research is well deserved (#3 on the 2015 Scientific America Scorecard), and reflects the growing maturity of our collective research capability.

Powerhouse believes New Zealand’s scientists are increasingly ambitious and aware of the potential of their research projects. Working with leading researchers, Powerhouse provides capital and expertise, guiding strategy and helping to develop the technology and research into compelling businesses.

New Zealand’s biotech model now has the capability to build more value locally and cost effectively — at the same time that overseas investors are recognising and respecting the potential and opportunity within our New Zealand science community.

We have world-class scientists and a high-quality science system, an ethical country environment and lower costs, relative to the Northern Hemisphere. These factors, together with the low exchange rate providing further inducement, collectively position New Zealand biotech and medical research as very attractive investment opportunities.

Powerhouse is excited and encouraged by the progress of New Zealand’s biotech research sector. It has enormous potential, not only to create wealth and jobs, but also to change lives through ground-breaking therapies, diagnostic tools and medical devices.

Medical and healthcare companies represent more than a quarter of our portfolio. We are privileged to work with respected science teams from a number of New Zealand universities and crown research institutes that have developed strong patent portfolios. Our support and investment is a critical first step to develop these innovations into viable businesses that produce attractive returns and have widespread international implications and benefits.

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Photonics up for innovation award https://www.powerhouse-ventures.co.nz/news/photonics-up-for-innovation-award/ https://www.powerhouse-ventures.co.nz/news/photonics-up-for-innovation-award/#comments Thu, 11 Feb 2016 22:42:39 +0000 https://www.powerhouse-ventures.co.nz/?p=3574 Photonic Innovations is a finalist in the Sanitarium New Zealand Innovator of the Year category at the up-coming 2016 New Zealander of the Year Awards.

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Photonic Innovations is a finalist in the Sanitarium New Zealand Innovator of the Year category at the up-coming 2016 New Zealander of the Year Awards.

For details of all finalists, go to http://nzawards.org.nz/news/2016-finalists-announced/

Good luck for the winners’ announcement!

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Tiro Lifesciences could make breast screening a lot easier https://www.powerhouse-ventures.co.nz/news/tiro-lifesciences-could-make-breast-screening-a-lot-easier/ https://www.powerhouse-ventures.co.nz/news/tiro-lifesciences-could-make-breast-screening-a-lot-easier/#comments Mon, 28 Dec 2015 09:09:04 +0000 https://www.powerhouse-ventures.co.nz/?p=3548 Start-up medical technology company Tiro Lifesciences is trialling its breast-screening prototype at Canterbury Breastcare.

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A prototype screening machine developed by researchers in Canterbury analyses breast tissue with motion waves created through vibration.

Start-up medical technology company Tiro Lifesciences is trialling the prototype at Canterbury Breastcare, to further develop and commercialise it over the next three to four years.

Stuff 27 December 2015

http://www.stuff.co.nz/national/health/74900191/breast-screening-could-get-a-lot-easier

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New Zealander of the Year 2016 semi-finalists https://www.powerhouse-ventures.co.nz/news/new-zealander-of-the-year-2016-semi-finalists/ https://www.powerhouse-ventures.co.nz/news/new-zealander-of-the-year-2016-semi-finalists/#comments Wed, 23 Dec 2015 21:17:12 +0000 https://www.powerhouse-ventures.co.nz/?p=3551 Three Powerhouse portfolio companies have been mentioned in the lists of semi-finalists for the New Zealander of the Year 2016 Awards.

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Three Powerhouse portfolio companies have been mentioned in the lists of semi-finalists for the New Zealander of the Year 2016 Awards.

UNIVERSITY OF AUCKLAND YOUNG NEW ZEALANDER OF THE YEAR

  • Scott Barrington: Architect, tech engineer and founding CEO of Modlar (Christchurch)

SANITARIUM NEW ZEALAND INNOVATOR OF THE YEAR

The announcement and the full lists of semi-finalists can be found at http://nzawards.org.nz/news/semi-finalists-2016-announced/

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Hydroworks raises $1.45 million through equity crowdfunding https://www.powerhouse-ventures.co.nz/news/hydroworks-raises-1-45-milion-through-equity-crowdfunding/ https://www.powerhouse-ventures.co.nz/news/hydroworks-raises-1-45-milion-through-equity-crowdfunding/#comments Tue, 15 Dec 2015 00:54:41 +0000 https://www.powerhouse-ventures.co.nz/?p=3516 HydroWorks has raised $1.45 million through equity crowdfunding on the Equitise platform. This formed part of a $4 million venture capital raise for 20% of the company, to provide working capital and pay for initial public offer costs.

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HydroWorks has raised $1.45 million through equity crowdfunding on the Equitise platform. This formed part of a $4 million venture capital raise for 20% of the company, to provide working capital and pay for initial public offer costs. The company is planning to list on the ASX sometime between the second and fourth quarter of 2016.

HydroWorks has also been awarded a $5 million contract to design and build five mini-hydro stations for Melbourne Water, owned by the Victorian Government.

NBR 15 December 2015

http://www.nbr.co.nz/article/hydroworks-raises-145-million-through-equity-crowdfunding-cs-p-182991

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