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BIF acquires shares in Captivate

M&A9 February 2023BIFFinancials

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10 February 2023

Booster Innovation Fund adds Captivate Technology to its investment portfolio


Booster is pleased to announce the addition of Captivate Technology to the Booster Innovation Fund (BIF)

portfolio.


Captivate operates in the carbon capture part of the energy and clean technologies sector. It specialises

in carbon dioxide capture through their development of a novel, sponge-like metal organic framework .

Captivate was formed in 2022, and is classified as seed stage, with its technology origins being from

Massey University.


BIF has made a cash investment of $150,000. Following this transaction (and issue of additional units to

fund the purchase), Captivate will represent 1.1% of BIF’s investment portfolio of 31 companies, and with

a net asset value of over $13.9M.


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 and the net asset value per

unit, please visit www.booster.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.