Christchurch agritech company CropLogic launches prospectus

Christchurch agritech company CropLogic’s​ long-awaited plans are coming to fruition with the launch of a prospectus to raise A$8 million (NZ$8.45m)

Chief executive Jamie Cairns will lead a roadshow presentation in New Zealand and Australia over the next fortnight.

CropLogic helps improve crop yields by combining research and technology with field support teams to provide
accurate advice to growers.

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CropLogic latest Canterbury tech startup to seek ASX listing

Christchurch-based CropLogic​ aims to list on the Australian stock exchange early next year.

CropLogic​ is commercialising technology developed over decades by Crown research institute Plant & Food Research.

It provides farmers with a computer modelling system to determine best times to apply nutrients and water for maximum crop yield.

Initial trials in the United States, New Zealand, China, and Australia indicated crop yield improvements of more than 6 per cent, delivering higher profits.

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