• New Zealand based agritech and foodtech accelerator, Sprout Agritech, has appointed Sandhya Sriram as its new CEO, replacing Gil Meron, who has been leading the company for three years.
Source: Sprout Agritech
    New Zealand based agritech and foodtech accelerator, Sprout Agritech, has appointed Sandhya Sriram as its new CEO, replacing Gil Meron, who has been leading the company for three years. Source: Sprout Agritech
Close×

New Zealand based agritech and foodtech accelerator, Sprout Agritech, has appointed Sandhya Sriram as its new CEO, replacing Gil Meron, who has been leading the company for three years.

Initially established in 2015 as Sprout Accelerator, Sprout Agritech rebranded in 2020, with $40 million of early-stage investment from dairy corporation Fonterra, as well as US company Finister Ventures and Israeli Our Crowd.

Coming from the role of group CEO and co-founder of Sinagporean cultivated meat and seafood company, Shiok Meats, the first of its kind in Southeast Asia, Sriram is also a former stem cell biologist.

“I’m excited to join Sprout Agritech and immerse myself into the deep tech landscape in New Zealand after spending more than 15 years in Southeast Asia,” said Sriram.

“I am looking forward to bringing Asia, New Zealand and the rest of the world together, alongside growing the Sprout portfolio and establishing a global presence.”

Sriram will be based at Sprout’s Palmerston North headquarters, taking up the role in September.

Packaging News

Sustainable packaging achievements were recognised at the APCO Annual Awards in Sydney last night. The event celebrated organisations, and individuals, driving change towards the 2025 National Packaging Targets and beyond. PKN was there.

Adamantem Capital is bidding to acquire Close the Loop Group. The board has recommended the offer, and is realigning itself, with CEO Joe Foster stepping down from the board, as are the chairman and CFO. Foster will become chief operating officer at the company.

In one of the biggest deals ever undertaken by an ASX-listed business, Amcor is acquiring US-based Berry Group in an all-stock merger, in a move that will create a consumer and healthcare packaging business with 400 operating plants around the world.