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Zahra Champion

NZ potato-tech company CropLogic drops 23pc on ASX debut


Kiwi agtech play CropLogic’s ASX debut disappointed investors, finishing its first day down 23 per cent from its IPO price at 15.5c.

The company, which offers crop management technology-as-a-service focused, for now, on potato crops, raised its target $8 million during the IPO, selling 40 million shares at 20c each.

It’s another protege of troubled investor Powerhouse Ventures (ASX:PVL).

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Zahra Champion Zahra is Executive Director of BIOTechNZ and is working to bring together a national community of biotech innovators, investors, researchers, educators and policy makers; and connecting this community to global biotech ecosystems.