BIF adds Advemto to its investment portfolio

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Booster Innovation Fund acquires share in Advemto Limited

3 June 2022
Booster Innovation Fund adds Advemto to its investment portfolio

Booster is pleased to announce the addition of Advemto to the Booster Innovation Fund (BIF) portfolio
through its interest in NZ Innovation Booster Limited Partnership.

Advemto, which was recently formed with technology originating from Victoria University of Wellington,
operates in the materials and technologies sector. It specialises in the development of ultrafast
spectroscopy tools to reduce the time it takes to collect data from hours to minutes. The company is
classified as seed stage.

BIF will make a cash investment of $400,000. Following this transaction (and issue of additional units to
fund the purchase), Advemto will represent 4.5% of BIF’s investment portfolio of 22 companies, and with
a net asset value of $8.9m.

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 $5 billion on behalf of more than 170,000 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