News and Announcements
Powerhouse Ventures Plans Australian Stock Exchange Listing
- Published February 19, 2016 2:57PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
19th February 2016, stuff.co.nz by Susan Edmunds
A company that develops ideas into commercial successes is set to list on the Australian stock exchange.
Christchurch-based Powerhouse Ventures invests in intellectual property and technology, shaping concepts into businesses that can compete on a global scale. The intellectual property is mostly sourced from New Zealand’s universities.
Among Powerhouse’s portfolio are Fluent, software that detects emotions by tracking micro-expressions, Avalia immunotherapy, which develops platform technology to design cancer treatments and HydroWorks, which makes turbines for electricity generation. It now has more than 50 staff and multimillion-dollar turnover.
Powerhouse chairman Kerry McDonald said the board had appointed Australian stockbrokers to help with the planned ASX initial public offering (IPO) which is scheduled for the second quarter of 2016, subject to market conditions.
“This is an exciting and important step in Powerhouse’s continued development. We already have a strong and very supportive shareholder base in New Zealand.
To read the full article, please click here.
Company Updates
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
