Investor Brief · USD$5M Growth Round · Global Markets

MĀNUKA
PERFORMANCE
LIMITED

New Zealand's advanced bioactive nutrition platform — from native honey to precision nutraceuticals, sports nutrition, and clinical-grade ingredient systems.

We take New Zealand's most bioactively complex native honeys and convert them into validated, multi-application nutrition systems — sold as CPG consumer products, licensed as B2B ingredient systems, and deployed as a proprietary bioactive intelligence platform. Māori-led, science-backed, globally positioned.

4
Commercial pillars — CPG, B2B, R&D, AI platform
5
Export markets active — USA, China, Korea, AUS, EU
7
Polyphenols tracked per batch — ISO-17025 certified
60%
Blended gross margin target across CPG channels
$79B
Global GLP-1 drug market 2025 — primary opportunity
GMP
Auckland facility on GMP pathway — Informed Sport, FDA GRAS, FernMark live
$5M
USD growth capital sought — this round
Y3
EBITDA positive across consolidated operations
Section 01

WHO WE ARE &
WHAT WE DO

Mānuka Performance is New Zealand's advanced bioactive nutrition company — converting the world's most scientifically validated native honey into a global multi-channel nutrition platform.

The Company
ADVANCED BIOACTIVE NUTRITION. MĀORI-LED. GLOBALLY POSITIONED.

Mānuka Performance Limited (MPL) is a New Zealand Māori-led company that develops, manufactures, and commercialises precision nutrition systems built on a proprietary bioactive platform — PolySure™ — derived from New Zealand's native Mānuka and Rewarewa honey. We are not a honey company. We are an advanced nutrition manufacturing and export company that uses honey as the world's most complex and defensible bioactive matrix.

The Science Platform
POLYSURE™ — 7-POLYPHENOL ISO-17025 VERIFIED BIOACTIVE SYSTEM

Every MPL product is built on PolySure™ — our proprietary bioactive certification system that tracks seven distinct polyphenols per batch, verified to ISO-17025 (IANZ/ILAC-MRA accredited laboratory), with a Certificate of Analysis issued on every production run. No competitor can replicate this. NZ native honey varieties are geographically protected, genetically unique, and subject to our exclusive sourcing relationships. PolySure™ is the structural moat across all four commercial pillars.

How We Operate
MANUFACTURE IN NZ. SELL GLOBALLY. LICENSE THE SCIENCE.

MPL operates from an Auckland GMP-compliant manufacturing base with Informed Sport certification, FDA GRAS-status probiotic integration (BC30™), and New Zealand FernMark licensing. Products are designed for multi-channel commercial deployment: direct-to-consumer (D2C), Amazon, telehealth B2B, HCP networks, corporate wellness, and cross-border e-commerce (CBEC China). The science platform is additionally licensable as a B2B ingredient system and data intelligence asset.

Leadership
MĀORI FOUNDERS. GLOBAL EXPERTS. PHYSICIAN-LED US COMMERCIALISATION.

Māori guardianship over IP and cultural assets is structurally enshrined — not aspirational language. Our US commercialisation is led by Dr Marc Stevens MD (CMO and US Co-President), a physician with deep telehealth and clinical nutrition networks. Our science is led by Dr Lillian Morton PhD (CSO). This combination — Māori-led IP sovereignty, physician clinical credibility, and export manufacturing capability — is not replicable by any competitor in our category.

01
CPG CONSUMER
Branded nutrition products sold D2C, Amazon USA, and retail. GLP-1 Nutrition Stack, GI-PRO™ gut health, LiquidFuel™ energy gels. Premium price points. 60% gross margin target. Live in USA and South Korea.
02
B2B INGREDIENTS
Bulk bioactive honey formulations, PolySure™-certified powders, and nutraceutical ingredient systems sold to contract manufacturers, supplement brands, and ingredient buyers globally — including China CBEC operators.
03
R&D & CLINICAL
Active RCT pipeline on GI-PRO™. Clinical nutrition partnerships in development. PolySure™ science generates publishable data — each study compounds IP value and creates new licensing and ingredient sale opportunities.
04
BIOACTIVE AI PLATFORM
Proprietary bioactive intelligence system mapping polyphenol profiles, therapeutic applications, and formulation outcomes. Licensable data asset. Positions MPL for strategic partnership or acquisition by pharma, food tech, or wellness platform buyers.
Export Market Reach
🇺🇸
USA
42%
Adult obesity · Primary launch market
🇨🇳
China
NZ$19.3B
NZ's largest export partner
🇰🇷
South Korea
LIVE
LiquidFuel™ marathon & endurance
🇦🇺
Australia
30%
Adult obesity · Adjacent launch
🌏
Middle East & EU
Pipeline
Equine, premium nutraceutical
Section 02

THE PRODUCT
MAP

One raw material. Three tiers of engineered value — from certified bioactive formulations through to clinical-grade licensed IP. This is where the honey industry stops. This is where we start. Raw honey is our origin, not our product.

The Raw Material
NEW ZEALAND
NATIVE HONEY

Mānuka and Rewarewa honey from New Zealand's indigenous flora. Geographically irreplaceable. Genetically unique. The only honey in the world with a validated 7-polyphenol bioactive profile verifiable to ISO-17025 laboratory standards. This is the raw input that no competitor can access or replicate.

Verified Polyphenols
7
Caffeic acid, Ferulic acid, Quercetin, Pinobanksin, Chrysin, Pinocembrin, Galangin — tracked every batch
Certification Standard
ISO-17025
IANZ/ILAC-MRA accredited laboratory. CoA issued on every production run.
Probiotic Integration
BC30™
2 billion CFU per sachet. FDA GRAS status. Spore-forming, gut-surviving.
Geographic Protection
NZ Only
FernMark licensed. Sourcing relationships exclusive. No competitor access to equivalent varieties.
Our starting point
Maximum value
Where the rest of the industry stops
Raw Bulk Honey · Retail Jars · Unvalidated MGO Grading
Where we start →
Engineered Bioactive Formulations
Validated Consumer Products
Proprietary Platform & IP
Processed
Bioactive Honey Powder
Spray-dried or freeze-dried honey powder for nutraceutical and food manufacturing applications. PolySure™ certified. Higher margin, B2B sales.
$NZ80–200/kg equiv.
Formulated
Bioactive Honey Matrix
Honey blended with functional co-ingredients (BC30™ probiotic, collagen peptides, electrolytes, protein isolates) into standardised formulation bases for CPG production.
$NZ150–350/kg equiv.
Ingredient
Bulk Nutraceutical Ingredient
PolySure™-certified honey-derived ingredient sold to supplement brands, contract manufacturers, and CBEC operators in China. CoA included. White-label or branded supply.
Premium B2B pricing
CPG
LiquidFuel™ Energy Gels
Dual-carb sports energy sachets (apple & kiwifruit variants). Live in South Korea marathon market. Amazon USA active. 60% gross margin target.
$45 USD / 10-pack
CPG
GI-PRO™ Gut Health System
Mānuka + Rewarewa honey with BC30™ (2 billion CFU, FDA GRAS) and prebiotic fibre. One-a-day sachet. Active RCT. China CBEC launch SKU. Gut microbiome, IBS, protein absorption.
$79 USD / 30-pack system
CPG Stack
GLP-1 Nutrition Stack
Four-SKU daily system for GLP-1 therapy patients: Energy Morning, Energy Afternoon, Protein Recovery, Gut+Collagen. Physician-backed. Telehealth B2B and D2C channels.
$79–126 USD / 30-day system
IP
PolySure™ Licensing
License the 7-polyphenol bioactive certification framework and CoA methodology to third-party manufacturers or ingredient brands. Recurring royalty model.
Royalty stream
Data
Bioactive Intelligence Platform
AI-enabled data system mapping polyphenol profiles, therapeutic applications, clinical outcomes, and formulation performance. Licensable to pharma, food tech, and research institutions.
SaaS / licensing model
Equine
EquiEnhance™ — Performance Horse
PolySure™ bioactive system adapted for elite equine nutrition. Target markets: Hong Kong racing stables, Middle East bloodstock. Premium, defensible, under-served niche.
$USD premium positioning
Section 03

CUSTOMER
MAP

Six addressable customer and channel segments — across consumer, clinical, B2B, and institutional channels in five markets. Realistic market sizing with defensible assumptions.

🏃
Segment 01
SPORTS & ENDURANCE ATHLETES
Competitive runners, cyclists, triathletes, and team sport athletes requiring clean, scientifically validated energy and recovery nutrition. Primary channel: sports retail, Amazon, event activations, running clubs.
🇰🇷 Korean marathon finishers (2024) ~620,000
🇺🇸 US marathon finishers annually ~550,000
Realistic addressable (early traction) ~15–30K units Y1
US professional sports teams (NFL/NBA/MLB) ~120 franchises
💊
Segment 02
GLP-1 THERAPY PATIENTS
Adults on GLP-1 receptor agonist therapy (semaglutide, tirzepatide) experiencing documented nutritional gaps. Accessed via telehealth platforms, HCP referral networks, and direct D2C. US-first.
US adults currently on GLP-1 (KFF 2025) ~31M
Telehealth platform patients (Ro, Calibrate etc.) ~3–5M
Realistic subscription base Y3 target ~1,500–3,000 subs
Y3 revenue at $79/mo blended ARPU ~$1.4–2.8M
🌿
Segment 03
NUTRACEUTICAL & WELLNESS CONSUMERS
Broader wellness consumers purchasing premium gut health, immune support, and metabolic wellness products. Includes SNAP (Supplements, Nutraceuticals, Actives, and Probiotics) category buyers via Amazon and D2C.
US dietary supplement market (2025) ~$58B
Gut health supplement segment ~$8B
China CBEC health supplement TAM ~$12B
MPL GI-PRO™ target penetration Y3 ~$300–500K
🏭
Segment 04
B2B INGREDIENT & CONTRACT MANUFACTURERS
Nutrition drink bottlers, contract supplement manufacturers, and ingredient brands seeking PolySure™-certified NZ bioactive honey systems. Includes CBEC operators in China and US RTD brands.
China CBEC health product importers (active) ~12,000+
US contract supplement manufacturers ~700+
Target B2B ingredient accounts Y2–3 5–10 anchor accounts
B2B revenue potential Y3 ~$400–800K
🐴
Segment 05
ELITE EQUINE — EQUIENHANCE™
Performance horse nutrition using PolySure™ bioactive system. Target: thoroughbred racing stables in Hong Kong and the Middle East, where premium nutrition spend per animal is extremely high. Accessed via veterinary and stable management networks.
HK Jockey Club registered horses ~1,300
UAE registered racehorses ~5,000+
Avg premium nutrition spend / horse / year $3–8K USD
EquiEnhance™ revenue target Y3 ~$200–400K
🔬
Segment 06
RESEARCH, LICENSING & DATA INTELLIGENCE
Pharmaceutical companies, food technology firms, clinical research organisations, and academic institutions seeking access to MPL's PolySure™ polyphenol dataset, RCT outcomes, and Bioactive Intelligence platform.
RCT active (GI-PRO™) In progress
Target licensing partners Y3–5 2–3 anchor deals
Potential royalty / licensing revenue $200K–$1M+ Y4–5
Exit multiple driver IP + data platform
Addressable Market Summary
GLP-1 Nutrition Support (US)
$79B+
Global GLP-1 drug market 2025 driving companion nutrition demand (Morgan Stanley). MPL targets the nutrition stack, not the drug market.
Sports Nutrition (Global)
$52B
Global sports nutrition market 2025. MPL targets premium science-backed endurance and recovery segment. Korea and USA primary.
China CBEC Health Products
$12B
Cross-border e-commerce health and supplement imports into China. GI-PRO™ as primary SKU. NZ provenance premium.
Global Wellness Economy
$9T
By 2028 (Global Wellness Institute). MPL is positioned across nutraceuticals, functional food, preventive health, and performance nutrition simultaneously.
Section 04

THE
FUNDING ASK

USD$5 million growth round to accelerate what is already working — live sales in the USA and South Korea, a completed product stack, and a defensible science platform no competitor can replicate.

Growth Capital Sought — USD
USD$5M

This is a growth round — not a startup round. MPL has live commercial traction in two export markets (USA and South Korea), Auckland manufacturing on a clear GMP pathway, an active RCT, and a completed four-SKU product stack. Capital introduced now will scale what is already working, not fund product discovery. The window to establish first-mover positioning in GLP-1 companion nutrition and NZ bioactive ingredients globally is open now — and will not be open in 36 months.

USA Market Acceleration — D2C, Amazon, Telehealth B2B ~40%
China CBEC Launch — GI-PRO™ + B2B Ingredients ~20%
Manufacturing Scale & Inventory Build ~20%
Clinical Pipeline, R&D, IP Protection ~20%
Existing Traction — What's Already Working
USA — Live
Amazon + D2C
GLP-1 Nutrition Stack and LiquidFuel™ active on Amazon USA and D2C. US C-Corp structured. Dr Marc Stevens MD leading telehealth B2B channel development with Calibrate, Ro, Found, and Sequence platforms.
South Korea — Growing
Marathon Market
LiquidFuel™ gels live in South Korea's marathon and endurance sector — one of Asia's most developed endurance markets with ~620,000 annual marathon finishers. GI-PRO™ and nutraceuticals in pipeline for same channel.
Science Platform — Validated
PolySure™
7-polyphenol ISO-17025 verified system. Active RCT on GI-PRO™. BC30™ FDA GRAS probiotic integrated. Informed Sport certification. FernMark licensed. Every asset that matters for physician credibility and institutional B2B is in place.
South Korea — Live & Revenue Generating
Market Context
THE WORLD'S MOST DEVELOPED ENDURANCE MARKET. WE'RE ALREADY IN IT.

South Korea has one of the highest rates of marathon and long-distance running participation on the planet — approximately 620,000 annual marathon finishers, with a deeply embedded culture of endurance sport, clean nutrition, and premium product. LiquidFuel™ is live in this market, generating revenue now. The channel is established. The product is proven. Capital accelerates what already works.

The pipeline for South Korea expands into GI-PRO™ gut health and nutraceutical supplements through the same endurance and active wellness channel — a customer base that indexes extremely high on science-backed, premium-format, provenance-led nutrition.

Annual Marathon Finishers
~620,000
LiquidFuel™ Status
LIVE & SELLING
Korea Revenue Forecast Y3
$280K USD
Pipeline Products (Korea)
GI-PRO™ · Nutraceuticals · B2B Wholesale
China — CBEC Consumer + B2B Ingredient Channels
Channel 01 — CBEC Consumer
GI-PRO™ CROSS-BORDER E-COMMERCE

China's cross-border e-commerce health and supplement market exceeds $12B. NZ-origin gut health products command a significant provenance premium — Chinese consumers actively seek authentic NZ science-backed nutrition. GI-PRO™ is the designed CBEC launch SKU: compact, daily-use sachet format, NZ FernMark provenance, clinically grounded. Platforms: Tmall Global, JD Worldwide, WeChat Health.

China CBEC TAM (health supplements) $12B
GI-PRO™ CBEC Revenue Y1 $45K USD
GI-PRO™ CBEC Revenue Y3 $320K USD
Entry Platform Tmall Global + JD
Channel 02 — B2B Ingredient Supply
NUTRACEUTICAL & FOOD SERVICE FORMULATIONS

China's 12,000+ active CBEC operators and contract nutraceutical manufacturers represent a significant B2B ingredient opportunity. MPL supplies PolySure™-certified bioactive honey formulations — not commodity ingredients — to supplement brands, functional food manufacturers, and food service operators requiring independently verified NZ-origin bioactive systems. Each B2B contract generates volume revenue and validates the science platform for licensing conversations.

Active CBEC operators (China) 12,000+
B2B Ingredient Revenue Y1 $60K USD
B2B Ingredient Revenue Y3 $480K USD
Target anchor accounts Y2–3 5–8 accounts
Metric Year 1 Year 2 Year 3
USA Total Revenue $484K $1.93M $3.29M
→ D2C $1.48M
→ Amazon $1.11M
→ Telehealth B2B $544K
South Korea Revenue $48K $140K $280K
→ LiquidFuel™ Endurance (live) $48K $95K $160K
→ GI-PRO™ + Nutraceutical Pipeline $45K $120K
China Revenue $105K $340K $800K
→ GI-PRO™ CBEC Consumer $45K $160K $320K
→ B2B Ingredient & Food Service $60K $180K $480K
COMBINED TOTAL REVENUE $637K $2.41M $4.37M
Blended Gross Margin 60% 60% 60%
EBITDA (consolidated) ($190K) $360K $890K
EBITDA Positive No Yes — Y2 Consolidating
Bridge Round Required None — single USD$5M round finances to profitability across all markets
What the Company Looks Like at Exit — Y5 Horizon
Revenue Base (Y5 projection)
$8–12M
Across CPG, B2B ingredients, telehealth, China CBEC, and equine channels. Conservative multi-market assumptions.
Comparable CPG Multiple
4–6× Rev
Premium CPG nutrition with clinical credentialling and B2B ingredient revenue commands above-category multiples. Comp: Thorne, Athletic Greens, Health Warrior.
IP Platform Premium
+Significant
PolySure™ licensing, Bioactive Intelligence platform, and active clinical data pipeline command a material premium above pure CPG multiples. Strategic acquirer pool is large and active.
Strategic Acquirer Pool
Active
Nestlé Health Science, Abbott Nutrition, Ro, Hims & Hers, Thorne, Amway. All active in GLP-1 nutrition adjacency. NZ provenance + PolySure™ IP is not replicable post-acquisition.

THE WINDOW IS OPEN NOW

The GLP-1 nutrition companion category will be structurally defined within 18–24 months. The first mover with physician credibility, telehealth B2B distribution, and a defensible science platform will own the category. Mānuka Performance is that company. Capital introduced now captures the full upside of that positioning.