Happy Cow Milk launches third round to pave the way to profitability

Happy Cow Milk launches third round to pave the way to profitability
Happy Cow Milk says it will aim to pay a dividend in 2025. (Image: Happy Cow Milk)
Rebecca Howard
New Zealand startup Happy Cow Milk will report a net profit in the year to March 2025 and look at paying a dividend if it hits its $1 million target in its third round of equity crowdfunding. The offer, which opens on Wednesday on PledgeMe, is for up to 250,000 shares at $4 each. The minimum investment is $100. The goal is to raise a minimum of $200,000 and a maximum of $1m. Shares issued will be non-voting ordinary shares, ranking equally with all other existing non-voting ordinary shares. If the maximum is raised, it would be equiva...

More Primary Sector

Dairy Goat Co-op chair Campbell Storey to step down
Primary Sector

Dairy Goat Co-op chair Campbell Storey to step down

He won't go until the annual meeting in September, however.

Riley Kennedy 02 May 2024
John Penno quits Synlait board as George Adams elected chair
Primary Sector

John Penno quits Synlait board as George Adams elected chair

Synlait Milk co-founder John Penno has quit the company’s board, and George Adams has taken over as chair.The debt-laden milk processor told the New Zealand stock exchange (NZX) on Wednesday that Adams, who joined the board in March as an independent director, would take over fro...

Riley Kennedy 01 May 2024
NZ startup Jooules is turning CO2 into protein
Primary Sector

NZ startup Jooules is turning CO2 into protein

Jooules’ fermentation tech aims to mitigate world hunger and climate change.

Ben Moore 01 May 2024