Powerhouse Ventures plans Australian stock exchange listing

 A company that develops ideas into commercial successes is set to list on the Australian stock exchange.

Christchurch-based Powerhouse Ventures invests in intellectual property and technology, shaping concepts into businesses that can compete on a global scale.

The intellectual property is mostly sourced from New Zealand’s universities.

Among Powerhouse’s portfolio are Fluent, software that detects emotions by tracking micro-expressions, Avalia immunotherapy, which develops platform technology to design cancer treatments and HydroWorks, which makes turbines for electricity generation. It now has more than 50 staff and multimillion-dollar turnover.

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