NZ's mussel man raising millions to take on extraction industry

NZ's mussel man raising millions to take on extraction industry
Ron Park, left, has spent the past decade building businesses around the humble green-lipped mussel. (Image: NE Tech)
Ben Moore
Ron Park, founder and chief executive of Natural Extraction Technologies, is just months away from closing a $7.5 million to $10m seed round and potentially disrupting manufacturers across the globe.Park spent the past decade building businesses around the green-lipped mussel and extracting oils from the seafood as a supplement for people and their pets.NE Tech, as it is better known, is Park’s fourth business and, in his opinion, the most exciting.Last year, the company secured $1.2m from deep-tech investment firm Pacific Channel and is...

More Technology

Toy entrepreneur quashes spec of NZME takeover
Finance

Toy entrepreneur quashes spec of NZME takeover

Zuru founder Nick Mowbray says a report speculating he could take over private media company NZME is wrong. On Friday morning, The Australian’s Data Room said “some wealthy Kiwis” were plotting to do something about the state of New Zealand’s media industry and cited Mowbray as a...

Victoria Young 14 Feb 2025
Goodnature killing it globally with high-tech pest traps
Technology

Goodnature killing it globally with high-tech pest traps

CEO says manufacturing devices in NZ has been a buffer against tariff concerns.

Ben Moore 14 Feb 2025
ScoMo's Trump playbook for NZ
Politics

ScoMo's Trump playbook for NZ

Sometimes it is best to keep your head down, the former Australian PM suggests.

Dileepa Fonseka 14 Feb 2025
Unpacking the Being AI story ... so far
Technology Free Business of Tech podcast

Unpacking the Being AI story ... so far

Is the NZX the right place for a startup to go for funding?