The Detail

The deep tech sector dreaming up ways to save the planet


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A look inside an Auckland building that's an incubator for the deep tech sector, aimed at finding solutions for some of the world's biggest carbon-emitting materials.

Sharon Brettkelly gets a glimpse of the future as she ventures inside a building housing some of the biggest brains in the deep tech sector working to reduce carbon emissions.

In a nondescript concrete building in a backstreet of Parnell, some big brains are at work on projects that could help save the world from climatic and environmental meltdown.

The aptly named Future House is home to Outset Ventures, an incubator for more than 20 start-ups that are developing products that are better for the environment, including new types of concrete and pesticides.

They're part of the fast-growing "deep tech" sector, and one of the brains behind it is the man dubbed the "carbon saviour", Sean Simpson, co-founder of LanzaTech, the low carbon biofuel firm that has become a US multibillion dollar Nasdaq-listed company.

Simpson, who has returned to New Zealand after years in the US, chairs Outset Ventures. Its role is to support the start-ups and raise finance to speed their growth.

"We filter the great ideas," says Simpson. "And the model that we have here is quite different to the model you'll see across New Zealand. Here, we take a technology-first and experience-first look at these new ideas."

Outset's investment committee is a 'who's who' of some of the country's most successful technology brains: Simpson, Rocket Lab founder Peter Beck and Mint Innovation's Will Barker.

The Detail was invited to Future House to meet Simpson and some of the start-up founders as Outset embarks on its second round of fund raising.

He says he wants to raise the profile of Outset and get the attention of the new government.

"Our message to the government is we're here to support New Zealand entrepreneurs and we'd like them to partner with us."

Simpson says Outset currently receives no government funding.

The Detail toured the laboratories of agri-biotech firm Biotelliga with Damien Fleetwood, the chief executive. Started in 2009, the company is focused on cleaner agriculture.

"We're in the business of developing technology that farmers and growers can use to protect their crops from pests and diseases that are biological in basis, clean, green, and biodegradable.

"The intent is that growers can use them in exactly the same way as they use chemical pesticides and replace those unwanted, kind-of dangerous chemical pesticides."…

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