Battery electric railcar startup Miro Rail seeks $2m+ in seed capital

Miro Rail chief executive Rollo Wenlock wants to design and manufacture battery electric railcars in Christchurch. (Image: Miro Rail)

Oliver Lewis

Tue, 30 Aug 2022

A startup with ambitions to revolutionise passenger rail in New Zealand is seeking at least $2 million in seed capital from next month. Miro Rail was co-founded by entrepreneur Rollo Wenlock and four other founders to design and manufacture next-generation battery electric railcars in Christchurch. A promotional video for the company said: “With the infrastructure that already exists and the leaps we’ve made in the last decade with battery electric technology, fast electric railcars are our secret weapon in fighting climat...

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