• 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

Opal is assuring its packaging grade customers that its contingency plans mean supply will continue without interruption, as the lockout of its 308 workers at the Maryvale Mill enters its fourth week.

The board at consumer packaging giant Amcor used its half year results to urge shareholders to vote in favour of the proposed mega merger with Berry, and said not voting was the same as a no vote.

Second quarter trading results for Pro-Pac Group were below its expectations, with the company citing challenges coming from market conditions, and exchange rate movements.