BIF adds Bontia Bio to its investment portfolio

TRANSACT

Tue, Mar 04 2025 04:24 pm

4 March 2025

Booster Innovation Fund adds Bontia Bio to its investment portfolio

Booster is pleased to announce the addition of Bontia Bio to the Booster Innovation Fund (BIF) portfolio, which is held through NZ Innovation Booster LP – an underlying fund that was established as a joint venture between the Booster group, Wellington UniVentures and Otago Innovation Limited.

Bontia Bio operates in the synthetic biology part of the life sciences sector. It specialises in utilising proprietary synthetic biology technologies to create scalable production systems for commercially valuable compounds from nature. Bontia Bio was formed in 2024, and is classified as seed stage, with its technology origins being from Victoria University of Wellington.

BIF will make a cash investment of up to $350,000, with an initial investment of $225,000. Following this initial transaction (and issue of additional units to fund the purchase), Bontia Bio will represent 1.1% of BIF’s investment portfolio which currently has over 35 active companies, and a net asset value of $20.9m.

Investors can continue to purchase units in BIF on the NZX or can subscribe for units in the fund as part of the process described in the fund’s Product Disclosure Statement (PDS) that is available at www.booster.co.nz

For further information regarding BIF visit https://www.booster.co.nz/booster-investments/booster-innovation-fund.aspx

For more information, please contact:
Gary Scott
Company Secretary
Booster Investment Management Limited
04 8944300

About Booster
Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of the Booster Group which has been helping New Zealanders save since 1998. The group currently administers superannuation and investment funds of over $7 billion on behalf of more than 200,000 New Zealanders.
BIF is a managed investment fund that invests in early-stage companies founded on intellectual property originated or developed in New Zealand.
For more information, including a copy of the Product Disclosure Statement, please visit www.booster.co.nz