PowerON opens capital raise round

We are excited as our portfolio company PowerON (www.poweron.one) launches their capital raise, targeting a NZD$3mil raise to support further R&D work and build on the vision of soft robotics. Their “smart switch” technology is well suited to disrupt many industries, from robotics to consumer electronics, with a lot of interest from industrial partners already. We’re keen to support PowerON through their next stage of growth.