But the Rotorua-based company is still seeking further private investment to deploy a fourth-generation pilot plant at Ecogas.
Founder Min-Kyu Jung says Blackbird Ventures approached him wanting to invest more money.
Shareholder update blames capital raising difficulties on tariffs and changes to superannuation rules.
Wellington-based startup is doing human trials on its patented peptide it hopes will disrupt the global beauty industry.
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.
The Series A investment will help commercialise the medical device company’s portable photon-counting CT scanners in the US and NZ.
The startup that was trying to design plants to manufacture life-saving medicines has pulled the plug.
Hale Animal Health has added Australia animal health investor Arrow Ventures onto its cap table.
The money will go towards a pilot plant to scale its pioneering sustainable Celluspheres technology.