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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Shoeshine
10 mins to read

Where have all the lead investors gone?

ANALYSIS: Kiwi startups find it increasingly hard to secure a lead investor for their capital raises.

WATCH: NBR senior journalist Fiona Rotherham speaks with Simon Shepherd.

It took from the start of this year until October for cleantech company Cetogenix to secure a lead investor.

The startup, which develops systems to convert organic waste to renewable energy, is trying to raise US$4.45 million ($7.4m) in a Series A round.

Chief executive and founder Trevor Stuthridge

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Fiona Rotherham Mon, 11 Nov 2024
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Where have all the lead investors gone?
Shoeshine,
106614
true