Cetogenix raises $4.5m for waste-to-energy tech, led by Pacific Channel

Cetogenix is developing tech that can be retrofitted to existing anaerobic biogas plants. (Image: Cetogenix)

Fri, 08 Jul 2022

Rotorua-based startup Cetogenix has raised $4.5 million in seed funding to scale up its technology for turning organic waste into natural gas and nutrients for fertiliser.The company was spun out of the New Zealand Forest Research Institute, better known as Scion, in 2021 to commercialise the tech.Deeptech specialist investors Pacific Channel led the round with $2.67m and is the largest shareholder of the company.Pacific Channel picked up the original intellectual property and licensing from Scion in 2019.Last year, it brought on a new lead tea...

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