Biotech startup Precision Chroma is looking to raise $1.5 million this year to finalise and market its first product before going global. The startup will be based in Christchurch for the next 12 months while it does further research and development (R&D) .
A hydrogen start-up in New Zealand is set to launch with the backing of NZD$2.5m ($1.56m) to offer a solution to sustainable manufacturing and protecting natural resources for hydrogen production.