Pacific Channel

Pacific Channel is New Zealand’s leading venture creation, development and investment firm focused on start-up and early-stage life-science and clean-tech innovation. Through their expertise, seed funds and access to external capital, they create, build and fund companies to develop and channel their products and/or services into the United States, Europe and East Asia. Since their formation in 2006, Pacific Channel has placed in excess of NZD 25 million of seed and early-stage funding into 16 New Zealand-based life science and clean-tech companies over 35 deals. Including since mid-2008 as a seed and early stage investor in partnership with the NZ Venture Investment Fund, and a number of wealthy co-investors.

Richard Pinfold

Principal

Marny Reakes

Venture Partner

40 past transactions

PHNXX

Seed Round in 2025
PHNXX specializes in providing containerized clean energy solutions, focusing on the development of independent microgrids for renewable energy generation. The company targets agricultural operations, offering products that not only generate energy but also consume the energy produced. This dual function supports farmers in their efforts to minimize global emissions and combat climate change while simultaneously enhancing agricultural productivity. By promoting sustainable practices, PHNXX aims to contribute to a more environmentally friendly future.

Conry Tech

Pre Seed Round in 2024
Conry Tech is focused on transforming air-conditioning systems to enhance comfort sustainably while addressing significant environmental concerns. By decentralizing air-conditioning in commercial buildings, the company enables individual rooms to be optimized for both comfort and energy efficiency. This innovative approach can lead to energy consumption reductions of over 70%, significantly lower carbon emissions, and improved indoor air quality. Conry Tech's patented technology not only aims to decarbonize commercial spaces but also enhances the health and well-being of occupants, thereby increasing building valuations. The company's mission centers on driving a clean energy transition through advanced climate-tech solutions that improve overall building performance and contribute to a more sustainable future.

Nilo

Series A in 2024
Nilo is a plastic recycling startup that repurposes plastic trash into something useful and valuable, giving plastic waste a value.

RosterLab

Seed Round in 2024
RosterLab goal is to automate every part of the rostering process for healthcare.

Green Gravity

Series A in 2024
Green Gravity is an electric power generation company focused on facilitating the transition to renewable energy through innovative energy storage solutions. The company specializes in gravitational energy storage, utilizing a unique technology that involves raising and lowering heavy weights in a mine shaft. This process captures and releases gravitational energy, offering a sustainable and cost-effective energy storage option. By providing clients with flexible energy storage capabilities, Green Gravity aims to contribute to a greener energy landscape and support the growing demand for low-carbon energy solutions.

Bovonic

Seed Round in 2024
Bovonic is an agriculture software developer focused on enhancing the productivity and profitability of dairy farmers. The company has created a technology platform that features an inline automated detector known as Quad Sense. This system is designed to identify mastitis in its earliest stages by monitoring milk as it is produced. By enabling farmers to detect this costly disease promptly, Bovonic's technology not only helps improve overall animal health but also contributes to increased productivity and profit. Additionally, the platform aids in reducing antibiotic use and emissions, ultimately alleviating stress for farmers.

Vortex Power Systems

Venture Round in 2023
Vortex Power Systems Limited, founded in 2017 and based in Auckland, New Zealand, specializes in developing innovative technology that captures and converts low-grade waste heat from existing thermal power stations into electricity. The company’s proprietary system creates and controls a vortex in the atmosphere, generating winds that drive a power generation turbine. By utilizing waste heat energy that is typically lost in thermal processes, Vortex Power Systems aims to enhance the efficiency of power generation while providing a zero-carbon solution for energy production. This approach not only supports energy industries and corporate clients in reducing their carbon emissions but also addresses the growing need for sustainable energy solutions in the context of global warming.

Kitea Health

Seed Round in 2023
Kitea Health is a medical technology company focused on developing micro-implantable devices designed for proactive management of chronic health conditions. The company specializes in pressure monitoring implantable medical devices, which are integrated with software to facilitate communication. These devices are engineered to receive power and transmit data through flesh and bone, specifically targeting the management of hydrocephalus. By offering innovative solutions, Kitea Health aims to help patients avoid chronic health complications associated with this condition.

Orbica

Seed Round in 2022
Orbica has developed a Cloud Native Geospatial and AI Platform designed to enhance access to geospatial data and tools. The platform features user-friendly interfaces that allow non-experts to perform geospatial analysis, facilitating data visualization and enabling organizations to gain near real-time insights through geographic and location-based data. By democratizing access to these resources, Orbica aims to empower a broader range of data practitioners to utilize geospatial and AI analytics in addressing significant global challenges.

Cetogenix

Seed Round in 2022
Cetogenix is a clean technology company focused on developing sustainable solutions to address global climate change. The company specializes in waste conversion technology, targeting the significant amounts of organic waste produced worldwide. By providing services that convert this waste into renewable natural gas, Cetogenix helps clients reduce their reliance on landfilling or incineration, thereby minimizing environmental impact. This approach not only contributes to climate change mitigation but also creates new market opportunities for clients, aligning with the growing demand for renewable energy sources.

Tectonus

Venture Round in 2022
Tectonus Limited is an Auckland-based company that specializes in the manufacture of earthquake-resilient structural joints and connectors. Founded in 2016, Tectonus develops innovative seismic technology aimed at reducing the impact of earthquakes on buildings. Its product line includes various connectors, such as the RSFJ-Tbrace, RSFJ-Brace, RSFJ-Shearwall, and RSFJ-MRF, which are designed for use in both new construction and retrofitting projects. These self-centering seismic connections enhance the safety and durability of structures by effectively resisting earthquake forces and minimizing damage during seismic events and aftershocks. Tectonus's solutions cater to construction companies looking to improve building resilience and reduce risks associated with earthquakes.

Formus

Seed Round in 2022
Formus specializes in personalized orthopedics by leveraging artificial intelligence and computational biomechanics to enhance pre-operative planning for joint replacement surgeries. With a foundation in two decades of musculoskeletal research, the company has developed a 3D planning platform that is FDA, PMDA, and TGA cleared, successfully planning over 3,000 hip replacement surgeries across more than 25 locations in Australia, New Zealand, Japan, and the United States. By collaborating with implant manufacturers, Formus integrates its technology into existing medical workflows, aiming to reduce costs while improving the reliability and scalability of orthopedic procedures. Its innovative approach allows surgeons to tailor surgical plans to the individual needs of patients, ultimately enhancing surgical outcomes and advancing the field of orthopedics.

Frankie

Seed Round in 2022
Frankie creates computer programs for maintaining customers' equipment and property. They are dedicated to infusing the field of property operations with the newest technological advancements. The business is a property operations control center with a smart system that helps clients save money and the environment by reducing carbon emissions while also extending the useful lives of buildings and other assets.

Vortex Power Systems

Seed Round in 2021
Vortex Power Systems Limited, founded in 2017 and based in Auckland, New Zealand, specializes in developing innovative technology that captures and converts low-grade waste heat from existing thermal power stations into electricity. The company’s proprietary system creates and controls a vortex in the atmosphere, generating winds that drive a power generation turbine. By utilizing waste heat energy that is typically lost in thermal processes, Vortex Power Systems aims to enhance the efficiency of power generation while providing a zero-carbon solution for energy production. This approach not only supports energy industries and corporate clients in reducing their carbon emissions but also addresses the growing need for sustainable energy solutions in the context of global warming.

InsituGen

Seed Round in 2020
InsituGen Ltd specializes in hormone testing to detect anabolic drugs in biological samples from racehorses and supplements intended for athletes and racehorses. Founded in 2017 and based in New Zealand, the company operates as a subsidiary of University of Otago Holdings Limited. InsituGen employs unique cell-free bioassays that replicate natural biological signaling pathways of estrogen and androgen receptors, allowing it to detect both known and unknown compounds that may interfere with these steroid hormone receptors. This testing platform is designed to enhance screening for anabolic drugs, including designer substances, and supports various applications, including antidoping efforts, companion animal wellness, and monitoring endocrine-disrupting compounds in water supplies. InsituGen’s services are characterized by their simplicity, cost-effectiveness, adaptability, speed, sensitivity, and accuracy, positioning the company as a leader in the field of hormone detection.

Tectonus

Seed Round in 2020
Tectonus Limited is an Auckland-based company that specializes in the manufacture of earthquake-resilient structural joints and connectors. Founded in 2016, Tectonus develops innovative seismic technology aimed at reducing the impact of earthquakes on buildings. Its product line includes various connectors, such as the RSFJ-Tbrace, RSFJ-Brace, RSFJ-Shearwall, and RSFJ-MRF, which are designed for use in both new construction and retrofitting projects. These self-centering seismic connections enhance the safety and durability of structures by effectively resisting earthquake forces and minimizing damage during seismic events and aftershocks. Tectonus's solutions cater to construction companies looking to improve building resilience and reduce risks associated with earthquakes.

Androgenix

Androgenix is a biotechnology company that Provides genomic technology for the development of products in livestock industry.

Breathe Easy

Breathe Easy Therapeutics is developing a range of cystic fibrosis (CF) specific formulations and medical devices to provide better tools for clinicians and patients dealing with this life shortening illness.

Geo40

Geo40™ Limited is the first company to commercialise, in large scale, the extraction of silica from geothermal fluids. Geo40 has developed process technology for the removal of silica from geothermal fluids that have already been used for power generation. This technology comprises two main sub-systems: extraction and processing.

Avertana

Avertana Limited is a company based in Auckland, New Zealand, that specializes in converting industrial waste into valuable mineral and chemical raw materials. Founded in 2012, it employs proprietary process technology to refine solid waste streams, producing essential products such as titanium dioxide for paints, alum for water purification, gypsum for construction materials, and Epsom salts for various applications. Avertana serves multiple industries, including industrial, agricultural, municipal water, consumer goods, mining, and chemical processing. The company emphasizes sustainability by offering a cost-competitive alternative to traditional manufacturing methods, significantly reducing environmental impact by minimizing waste and carbon emissions. Through its innovative approach, Avertana supports customers in building more sustainable supply chains while addressing the needs of a growing global market.

InsituGen

InsituGen Ltd specializes in hormone testing to detect anabolic drugs in biological samples from racehorses and supplements intended for athletes and racehorses. Founded in 2017 and based in New Zealand, the company operates as a subsidiary of University of Otago Holdings Limited. InsituGen employs unique cell-free bioassays that replicate natural biological signaling pathways of estrogen and androgen receptors, allowing it to detect both known and unknown compounds that may interfere with these steroid hormone receptors. This testing platform is designed to enhance screening for anabolic drugs, including designer substances, and supports various applications, including antidoping efforts, companion animal wellness, and monitoring endocrine-disrupting compounds in water supplies. InsituGen’s services are characterized by their simplicity, cost-effectiveness, adaptability, speed, sensitivity, and accuracy, positioning the company as a leader in the field of hormone detection.

PowerON

PowerON Ltd. specializes in the development and manufacturing of devices utilizing dielectric elastomer (DE) switch technology. Founded in 2019 and headquartered in Auckland, New Zealand, with an additional facility in Dresden, Germany, the company produces a range of electromechanical and semiconductor products, including customizable switches, actuators, signal processors, sensors, and logic devices. PowerON's innovative components are designed for applications in soft robotics, human-machine interfaces, and automation, offering advantages in size, weight, and durability under harsh environmental conditions. Their technology allows for the creation of multifunctional sensors and actuators that replace complex and heavy electromagnetic systems with more efficient single-component solutions.

MACSO

MACSO aims to give AI the capacity to mimic human senses in order to prevent catastrophes from occurring. Their initial application employs AI and acoustic sensors to identify respiratory sickness in animals on commercial livestock farms early. MACSO is headquartered in Auckland, New Zealand and was founded in 2021.

Hot Lime Labs

Hot Lime Labs specializes in the development of carbon dioxide (CO2) capture technology tailored for commercial greenhouses. The company's innovative approach involves recovering clean CO2 from the combustion of waste wood and other organic materials. This process not only generates concentrated CO2 but also enhances crop yields by supplying greenhouses with a sustainable source of this critical gas. By utilizing renewable resources for CO2 production, Hot Lime Labs enables users to maximize agricultural output while reducing environmental impact, effectively promoting sustainable food production practices.

NE Tech

NE Tech's vision to be the go-to natural oil extraction technology for sustainability-focused businesses aligns well with current trends in environmental consciousness and resource management.
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