Wellington hi-tech chainmail developer Kaynemaile is eyeing up the burgeoning aquaculture market after scoring venture investment from Trade Me-backer Movac and the Government.
The firm's seamless polycarbonate mesh, created through an injection moulding process, is strong, flexible, easy to clean and can be lit up to create visual effects.
It is already a hit among architects, and adorns Trump Towers in New York, Christchurch International Airport, and bars and restaurants in Germany, New Zealand and the United States.
Venture capital firm Movac has been an investor since 2006 and last month announced the Government's New Zealand Venture Investment Fund would join in Kaynemaile's next capital-raising round via its seed co-investment fund for young firms.
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