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KMD Brands in trading halt, to raise capital
Kate McVicar
Wed, 25 Mar 2026
Wed 25 Mar 2026 02:13:01am
MARKET MOVEMENTS
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Wed 25 Mar 2026 02:13:01am
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AgriZero invests $5.1m in Australia-based Rumin8
AgriZero has invested US$3 million (NZ$5.1m) in Rumin8 to help speed up development of its methane-reducing products for cattle and bring them to New Zealand. Rumin8 is headquartered in Australia and uses a compound which reduces methane emissions in livestock. Trials with beef cattle have shown an average 82% methane reduction after consuming Rumin8’s feed additive, along with indications of up to 5% productivity gains. Rumin8 founder and CEO David Messina said the investment had brought forward its focus on New Zealand by several years. “We’re now planning animal trials in New Zealand this year to support our application for regulatory approval. These trials will test the safety of the feed additive as well as its effectiveness in local conditions.” Rumin8 is the twelfth venture investment by AgriZeroNZ, which is a world-first public-private partnership set up in 2023 with funding of $191m over four years to accelerate the development of tools to help farmers reduce emissions.
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Wed 25 Mar 2026 02:07:29am
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