Wholesale Growth Capital partners with Pacific Channel to raise $3 million for Tectonus Limited, a New Zealand-based company specializing in innovative seismic technology aimed at enhancing earthquake resilience.

Information on the Target

Tectonus Limited (Tectonus) is an innovative company based in New Zealand that specializes in developing advanced seismic technology aimed at minimizing the structural and economic damage resulting from earthquakes. The firm has created patented, proprietary devices that not only dampen seismic energy but also allow buildings to realign themselves post-earthquake, which enhances recovery times for both structures and occupants. With a growing pipeline of projects and an emphasis on sustainability, Tectonus stands out as a promising investment opportunity in the realm of disaster resilience.

Since its inception, Tectonus has successfully delivered over 25 projects and installed more than 1,000 devices. In the fiscal year 2023, the company generated $2.2 million in revenue and is poised for significant growth with a projected pipeline of $52 million. By targeting essential infrastructures such as hospitals and government buildings in both New Zealand and North America, Tectonus aims to achieve $8 million in revenue and initial profitability by the fiscal year 2026.

Industry Overview in New Zealand

The seismic resilience industry in New Zealand is critical due to the country's geographical susceptibility to earthquakes. Following the devastating earthquakes of recent years, there has been a heightened focus