Business

Halter, the smart cow start-up backed by Peter Beck, raised $ 32 million in a Series B round. Video / Supplied

Fisher & Paykel Healthcare was named PwC Hi-Tech Company of the Year at tonight’s 2021 NZ Hi-Tech Awards.

Despite a recent setback as Covid recedes in developed countries, the Auckland respirator maker has still more than doubled in value since the start of the pandemic to reach a market cap of $ 17 billion, making it the most valuable company in the NZX.

The judges said: “Fisher & Paykel Healthcare is a global leader in respiratory care. When Covid struck, their 5,000 employees seized the opportunity and quickly reorganized their business to deliver vital products the world desperately needed – by addressing, for example, the global shortage of ventilators. While continuing to innovate and expand their health product offering, and expand its global reach. “

A Covid-related spike allowed the company to report a record profit of $ 525 million earlier this week, but its shares are dropping over fears its Covid business will start to dry up. Analysts say that will inevitably subside, but also that the pandemic has seen F&P Healthcare set a much higher profile in hospitals in North America and elsewhere, which will have long-term benefits. And there is a long waiting list at sleep clinics that sell FYP’s sleep apnea kit.

The other big winners tonight were Halter and Moxion each taking home two awards.

Halter won Endace’s Most Innovative High-Tech Hardware Product award and NZTE’s Most Innovative High-Tech Solution categories. The Peter Beck-backed smart cow company recently raised $ 32 million and is in the early stages of its commercial launch around the Waikato.

Moxion won Auckland Unlimited’s Most Innovative Hi-Tech Creative Technology Solution award and the Punakaiki Fund Hi-Tech Startup of the Year award.

The startup, founded by former TVNZ video editor Hugh Calveley, has created a platform for professional filmmakers to view near real-time – or “everyday” – footage in high-quality HDR and built-in conferencing. .

Taupo-based geothermal engineering services company MB Century won the Maori Company of the Year award. The employer of over 100 people is 100% owned by the Tuaropaki Trust, established by a 1993 land settlement.

The Student Volunteer Army won the Visa Best Hi-Tech Solution for the Public Good award for its app, created with Christchurch developer Custom D.

And Maria English, founder of ImpactLab, a maker of social investment impact measurement tools, won the Xero Hi-Tech Young Achiever gong.

The evening also saw Wayne Norrie, Director of NZ Trade & Enterprise, receive the Tait Communications Flying Kiwi Award and be inducted into the NZ Hi-Tech Hall of Fame.

“He is, without a doubt, one of the great ambassadors and advocates of our industry,” said Downs of the former director of Fronde and Revera and advisor to NZTE’s Beachheads program.

The awards were attended by a record crowd of 1,300 people, including Prime Minister Jacinda Ardern and Auckland Mayor Phil Goff.

There was a record number of entries. Hi-Tech Trust New Zealand President David Downs said it was great to reach so many heights this year despite the impact of Covid-19 in 2020.

“It is clear that the Covid-19 situation has given us some curves when it comes to the rewards program over the past year, but these companions are leading us out of the pandemic with such innovative solutions.”

New Zealand High Tech Award 2021

The complete list of winners:

Xero Hi-Tech Young Achiever
Maria English

Visa Best Hi-Tech Solution for the Public Good
Student Volunteer Army & Custom D

IBM’s most inspiring person
Craig hudson

Auckland Unlimited Most Innovative Hi-Tech Creative Technology Solution
Moxion

Highly recommended: alimetry

Callaghan Innovation Hi-Tech Maori Company of the Year
MB Century

Duncan Cotterill, the most innovative high-tech software solution
Rocos

Endace’s most innovative high-tech hardware product
Halter

Kiwibank’s most innovative hi-tech service
Chnnl

NZTE’s most innovative high-tech agritech solution
Halter

Halo Consulting Best contribution to the NZ Tech sector
Winner: NZTech

Start-up company of the year Punakaiki Fund Hi-Tech
Moxion

Emerging Company of the Year Pacific Edge Hi-Tech
Whip

Highly Recommended: Lawvu

Soul Machines The most innovative Deep Tech solution
Nanolayr (formerly called Revolution Fibers)

PwC NZ Hi-Tech Company of the Year Award
Fisher & Paykel Healthcare

Tait Communications Flying Kiwi Award
Wayne Norrie

More about this article: Read More
Source: www.nzherald.co.nz
This notice was published: 2021-05-28 11:30:00

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