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Varigate

Varigate is the world's most advanced irrigation software service, delivering dramatic water cost savings and increased crop & dairy yield.

  • Stage Full Product Ready
  • Industry Clean Technology
  • Location Wellington, New Zealand
  • Currency NZD
  • Founded August 2013
  • Employees 7
  • Website varigate.co.nz

Company Summary

Varigate is a software service that delivers dramatic cost savings and increased yield to dairy farms, by optimizing irrigation. Deployment is simple, farmer friendly and low maintenance. Scalable delivery through powerful distribution channels. Strong revenues, huge domestic and offshore potential. Earlier technology developed by scientists - acquired by world leader. Strong IP position. Management team with impressive execution track record.

Team

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    Isaac Bentwich
    CEO and Chairman

    Founded and led two Israeli technology companies to be world leaders in their respective fields. The first of these, one of Israel’s first medical software success stories, was acquired for $15 million by HBOC (now McKessen, Fortune 14). The second, biotech company Rosetta Genomics (NASDAQ:ROSG), is a world leader in its field. Rosetta’s subsidiary, Rosetta Green (TASE:RSTG) was recently acquired for $35M by Monsanto (NYSE:MON, $55B).

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    Ervin Leibovici
    Board Member

    Former VP at Netafim (market cap $780 million) the world leader in drip irrigation, who managed over half of its revenue-generating operations (North America, Europe, Middle East, Africa, Australia and Japan).

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    Robert Langer
    Board Member

    Named by Forbes as one of the 15 innovators worldwide who will reinvent our future, inventor of over 800 patents licensed to over 250 companies, former board member of Wyeth Pharmaceuticals ($68B).

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    Marcel van den Assum
    Board Member

    Former CIO of Fonterra ($10B), New Zealand’s largest company responsible for 30% the world’s dairy exports. Held senior information services leadership roles, and governance roles, as supplier and customer, in New Zealand and offshore locations, for commercial and public sector organisations.

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    Aaron Ciechanover
    Chairman, Scientific Advisory Board

    Nobel Laureate, Chemistry (2004) An anti canter drug based on this discovery is now in development. Member of the Pontifical Academy of Sciences, a group of 80 of the world’s most highly regarded scientists.

Advisors

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    Bruno Bordignon, Duncan Cotterill
    Lawyer
    Unconfirmed
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    Vijay Kumar Goel, Jolly Duncan & Wells Limited
    Accountant
    Unconfirmed