“Hydroxsys has raised about $3 million in investment funding from people and organisations such as the New Zealand Investment Fund, Sparkbox and K1W1 (Sir Stephen Tindall’s investment fund). Hydroxsys came to us 18 months ago to utilise equipment The FoodBowl has that is integral to the processing technology they are developing. “They are also able to help the wider agriculture sector, pharmaceutical companies, the pulp and paper industry, and the textile and industrial wastewater sectors. Mark Hartstone, Hydroxsys CEO took some time out of his busy schedule to discuss his company, their goals and the implications of their technology. The FoodBowl is helping new technology company Hydroxsys which has created a world-first form of membrane filtration by applying innovative technology and exclusive processes.Īllan says the new membrane technology created by Hydroxsys will increase productivity throughout many industries in New Zealand, such as dairying, to produce high value-added products, such as whey protein, more efficiently. Hydroxsys has raised about 3 million in investment funding from people and organisations around the country, such as the New Zealand Venture Investment Fund, Sparkbox and K1W1. “They were pleased to be able to access The FoodBowl for this early stage work, as they wouldn’t have been able to commercialise their product without spending a large sum of money to set up their own plant.” Spark is the only New Zealand provider that offers a travel SIM with unlimited data. “Another company, Plate Me, required a particular technology to give their meals long shelf life without adding preservatives and approached The FoodBowl to use the retorting equipment for trials right through to commercial production."
#SPARKBOX NEW ZEALAND TRIAL#
Without being here I think we could have still pulled it off but with it, the app will grow much faster and be much better.Trevelyan’s were able to get a clear understanding of the advantages of processing kiwifruit using new forms of technology available to trial at The FoodBowl." "We can plug into a network of people really quickly. They want to see how people use it, and then figure out the best revenue model around that, he said.īeing part of the US accelerator had given the start-up a big leg-up, Smith said. Smith said the team was focused on building up a user base initially in California and then the rest of North America. The focus on this is relentless," he said. "You talk to users, and you build a product they want to use. In Silicon Valley, it's all about the ideas and the product.
"In New Zealand, a lot of young start-ups focus on getting the fundamentals of a company established - good advisers, a structure, a business plan, which is exactly what we did. It is now a much broader payment app, going from helping students manage their finances to all people managing shared costs in a range of situations - from dining out in a restaurant to going on holiday together. Smith said the product has changed significantly since they've been in the US due to how payments processing is set up there. The Glassjar team - Smith, Matt Galloway, Sebastian Petravic and Nelson Shaw - entered the Y Combinator bootcamp in January and have since remodelled their app and launched the new version into the US market. The start-up's chief executive George Smith spent time with the Lightning Lab accelerator and the company has also had $200,000 in seed funding from Sparkbox Ventures and the NZ Venture Investment Fund. Glassjar was started in 2013 by a group of University of Canterbury students as a way for flatmates to more easily sort out paying the bills. We help busy merchandising teams make data-driven pricing and inventory decisions to improve. It's the first kiwi company to have been accepted into the accelerator which has helped develop companies like Airbnb and Dropbox. Sparkbox is a retail planning, price optimisation, and insights platform powered by machine learning. The former Christchurch company is now based in Silicon Valley in the US start-up accelerator Y Combinator, which provides US$120,000 in seed funding to every start-up it invests in.
#SPARKBOX NEW ZEALAND SOFTWARE#
Glassjar, the kiwi software start-up whose app provides people an easy way of sharing bills, has launched in the United States.
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