Hops-based hunger suppressant Calocurb targets $17m cap raise

Hold my (craft) beer: Motueka hops, $20m in government-funded science ... now a US$10m cap raise is on the menu for Calocurb CEO Sarah Kennedy. (Image: NZME)

Garth Bray

Mon, 24 Feb 2025

Start-ups are famously lean and hungry but with an appetite to expand.Appetite-suppressant start-up Calocurb is ready for the entree. It is seeking $17 million in a series A raise through Craigs Investment Partners to fund expansion in the US for its pill, based on an extract from Motueka hops that has been shown to curb hunger and reduce eating after fasting.A Craigs promotional flyer in advance of a formal information memorandum showed annual revenue of almost US$3m (NZ$5m) in the 12 months to October 2024 and forecast annual revenue of almos...

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