Powerhouse Ventures
Powerhouse Ventures Limited is a venture capital firm based in Christchurch, New Zealand, with additional offices in Wellington, Dunedin, and Auckland. Established in 2006, the firm specializes in incubation, start-up, early-stage, and growth capital investments, primarily targeting companies within Canterbury. It focuses on sectors such as engineering and clean technology, biotechnology and agri-science, health and medical devices, food, and information technology. Powerhouse Ventures aims to invest in companies that typically do not seek more than NZD 5 million in funding and have total capital and reserves, along with shareholder loans, not exceeding NZD 10 million. The firm is known for its selective approach, rigorously screening opportunities to identify those with strong intellectual property and significant potential in global markets. Additionally, Powerhouse Ventures engages in intellectual property commercialization and operates an innovation education program for students and organizations.
Energetic Insurance, Inc. is an InsurTech company based in Boston, Massachusetts, founded in 2016. The company specializes in providing solar insurance solutions aimed at mitigating credit and counterparty risks associated with commercial and industrial solar photovoltaic projects. Its flagship product, EneRate, offers coverage for third-party solar developers and asset owners, protecting them against payment default risks and revenue losses when off-takers fail to meet their Power Purchase Agreement (PPA) obligations. Additionally, Energetic Insurance has developed a systematic approach to address off-taker payment defaults, thereby facilitating solar financing for organizations that are unrated or classified as below investment grade. This innovative, data-driven methodology aims to enhance risk management within the renewable energy sector, promoting increased project deployment and capital investment in solar initiatives.
WattBuy is an online marketplace that assists residents in saving on electricity costs by facilitating the selection of cheaper electricity providers. Founded in 2017, the platform empowers users to make informed decisions about their home electricity expenses by enabling them to browse and choose from a variety of plans available in their area. As several state governments have deregulated the electricity market, homeowners in 14 states can now access over 50 electricity providers and plans tailored to their needs. WattBuy utilizes a personalized recommendation engine to help clients set up electricity plans that align with their preferences and usage, ultimately allowing them to switch to more cost-effective options. The company is supported by the Department of Energy and Techstars Accelerator.
Invert Robotics Limited provides remote robotic inspection services for food and beverage industry. It offers visual inspection for storage tanks, spray dryers, cyclones, bag filters, fluid beds, and other vessels for cracks and defects; wall climbing robot platform and non-contact adhesion pads; and repair services. The company was founded in 2010 and is based in Christchurch, New Zealand.
MARS Bioimaging Ltd. designs, manufactures, and markets imaging system for medical diagnosis. It offers MARS imaging system, a spectral computed tomography (CT) system used in medical diagnosis applications. The company also offers MARS Micro-CT scanner, a machine that includes an x-ray source and camera system along with computer hardware, electronics, and customized image reconstruction. It offers MARS visualization software, a solution that allows user to view datasets in 2D and 3D. MARS Bioimaging Ltd. was founded in 2007 and is based in Christchurch, New Zealand.