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Progress update | Scorecard Q1 FY26

13 November 2025

A summary of our progress to get emissions reduction tools into farmers' hands, as at 30 September 2025.

Q1 updates

  • $71.1m now committed across 16 ventures and research projects, including these recent investments:

    • Āmua (new): New Zealand farmer-led company developing cow wearable technology to reduce nitrous oxide emissions, nitrate leaching and fertiliser costs. Read more.

    • Nbryo (new): Australian company developing specialised reproductive technologies to help farmers breed more emissions efficient livestock faster. Read more.

    • ArkeaBio (follow-on): US company developing a vaccine to reduce livestock methane emissions. Read more.

    • New Zealand methane inhibitors programme (follow-on): aiming to deliver a methane-reducing compound to animals on pasture-based farms (via feed additive or bolus). Read more.

  • 42 potential investment opportunities on our radar as we continue to scan the globe for solutions that will work for our pasture-based farms and build a diverse portfolio of tools for farmers.

Other highlights

  • Hosted a stakeholder workshop to help our investee companies navigate New Zealand’s regulatory pathway.

  • Met with our Farmer Focus Group online to get further input into the mitigation tools that were discussed at our in-person meeting in May, including Ruminant Biotech’s bolus, BioLumic’s low emissions pasture and Āmua’s nitrous oxide mitigation wearable.

  • Presented to a variety of stakeholders including Rabobank’s Client Council, Federated Farmers Meat & Wool Council, Silver Fern Farms conference, Red Meat Sector conference and the NZ Institute of Rural Professionals National Conference.

  • Continued efforts to raise awareness about our work with long-form interviews in rural media including Rural Exchange, Ag in Conversation and Dairy News.

Visit our Progress page for a larger, PDF version of our latest Scorecard.