AgriZeroNZ puts another $4m into Ruminant BioTech

AgriZeroNZ puts another $4m into Ruminant BioTech
(Image: AgriZeroNZ)
Staff reporters
AgriZeroNZ is putting another $4 million into NZ startup Ruminant BioTech. It put an initial $1.8m into the company last year.AgriZeroNZ chief executive Wayne McNee said Ruminant BioTech’s technology had proven its technology, based on a slow-release methane inhibitor, or bolus, was working.“The bolus has demonstrated world-leading results for methane reduction in a pastoral system in its latest animal trial, and we look forward to supporting the team to make their emissions reduction tool available to farmers.”Ruminant BioTec...