Natural Innovation .org

UES has just completed a sale of its first commercial scale integrated organic horticulture & aquaculture system which will be built in Sydney. The deal involves a AUD $3.5m (US$2.75) investment.

Having secured this sale, UES has completed its transition from being an R&D company to being a trading company.

It is currently raising an additional AUD $750,000 (US$685k) in capital, principally for international marketing and increasing its capacity to service sales. UES is only accepting investment from either current UES Ltd investors, international or sophisticated investors; ie those investors who understand the risks and have the means to make significant investments and who meet the ASIC definition for ‘sophisticated Investor’.

David Wyatt is the former chair of Papyrus Australia (PPY.AX).

David brings a background with taking several companies, including Papyrus to stock exchange listings, and with the challenge of maintaining social and environmental relevance while simultaneously satisfying investors.

I gave a talk to a mini bar camp, held at the Jaaga center in Bangalore, co-founded by my friend Freeman Murray. Most of the participants were IT techies, so I focused on the technologies we are looking at.