Livestock Improvement
Corporate VCHamilton · Pre-Seed–Growth · 11 people tracked
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Investment thesis
LIC (Livestock Improvement Corporation) is a New Zealand farmer-owned co-operative that has worked for over 100 years to improve the dairy herds and livelihoods of its dairy farmer shareholders through genetics, innovation, research and agricultural services.
Source: firm website, verified Oct 26, 2026.
Team · 11 people
from the firm's website & curatedBrent Mealings leads LIC's finance, risk, legal, transformation and procurement functions. He joined in August 2023 from Metro Performance Glass, after a 17-year career at Fonterra and earlier roles with KPMG. He holds an MBA from the University of Canterbury and is a Chartered Accountant.
David Chin is LIC's Chief Executive, having joined in 2006 and held roles including GM Operations and Service and Chief Transformation Officer. He previously worked at Kiwibank, City Gallery Wellington and New Zealand Post, and holds two first-class honours degrees from the University of Otago.
Dhaya Sivakumar leads LIC's technology function covering architecture, strategy, software development and operations. He joined in December 2022 after CIO/COO roles at AMP Financial Services, Paymark and 2degrees Mobile, and holds a Bachelor of Business Studies from Massey University.
Geoff Corbett manages a 170-person team spanning product management, sales and customer experience for LIC's diagnostics, software and genetics portfolios. He rejoined LIC in September 2024 after roles at Ruminant Biotech and Analytica, and holds a Master of Science (Hons) from the University of Canterbury.
Jacquie Shuker is LIC's Chief People Officer, leading the People & Performance function. She joined in January 2026 from Lion NZ where she was People and Culture Director, with experience across consumer goods, agriculture, telecommunications and banking. She holds degrees from Massey University.
Mark Julian is responsible for LIC's farms and delivery of herd improvement services including artificial breeding, herd testing and diagnostics. He joined in September 2022 from Pāmu, where he was GM Dairy Operations, and holds science and agriculture qualifications from Massey University.
Paul Dunbar leads LIC's international business, exporting products and services to over 30 countries, including the co-op's international genetics business and Beacon Automation. He joined LIC in 2010 and previously worked at Fonterra and Trustpower. He holds an MBA from the University of Waikato and is a Chartered Accountant.
Richard Spelman leads LIC's research and development team, directing R&D programmes for farmers and the dairy industry. He first joined in 1991 as a livestock selection analyst and holds a PhD in Animal Breeding and Genetics from Wageningen University.
Co-founder of Hartenlust Group with an MBA from Nyenrode University. He spent years at Pon Holdings as MD and later CEO of business groups including Automotive Wholesale, M.A.N. Western Europe and the global Bicycles division, with over 20 years in international trade, marketing, supply chain and strategy. He founded Hartenlust Group in 2014.
What they invest in
from 2 of 3 portfolio companiesAgTech ×1Biotech ×1Cybersecurity ×1Developer Tools ×1Enterprise Software ×1SaaS ×1
HQs:New Zealand×1United States×1
Investments · 3 tracked
founders shown can be your intro pathLIC is a farmer-owned cooperative that develops and exports dairy genetics for artificial insemination, serving dairy farmers in New Zealand and 20 countries globally to improve herd productivity and profitability.
AgTechBiotechHamilton, NZ
ScreenConnect is a remote support platform that enables IT teams to provide unattended access to desktops, laptops, mobile devices, and servers for technical support and maintenance.
CybersecurityDeveloper ToolsEnterprise SoftwareSaaS
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Shareholder Services
Frequently asked questions
- What stage does Livestock Improvement invest at?
- Livestock Improvement invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Livestock Improvement focus on?
- Livestock Improvement focuses on AgTech.
- Where is Livestock Improvement located?
- Livestock Improvement is headquartered in Hamilton, NZ.
Media · Podcasts & interviews
featuring the teamDhaya Sivakumar, Livestock Improvement Corporation
Human Synergistics Australia & New Zealand · Dhaya Sivakumar
LIC Annual Meeting 2026
Livestock Improvement Corporation (LIC)
LIC AGM 2025
Livestock Improvement Corporation (LIC)
Wet Weather Management Webinar - Sept 2024
Livestock Improvement Corporation (LIC)
LIC 2024 AGM
Livestock Improvement Corporation (LIC)
LIC 2023 Annual Meeting
Livestock Improvement Corporation (LIC)
Images
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