Listed fund a unique backer of university startups

Booster innovation fund manager Melissa Yiannoutsos. (Image: Booster)

Tue, 23 Apr 2024

A partnership with fund manager and KiwiSaver provider Booster has given Victoria University of Wellington and the University of Otago a unique source of investment for their spinout companies, alongside angel and venture capital input.The founder of Wellington-based Booster Investment Management, Allan Yeo, recognised that liquidity was a perennial challenge for universities awaiting exit opportunities for the companies spun out from their research.A Victoria alumnus, he approached the university's tech transfer office, Wellington UniVentu...

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