BIF acquires shares in Scentian Bio
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18 August 2022
Booster Innovation Fund adds Scentian Bio to its investment portfolio
Booster is pleased to announce the addition of Scentian Bio to the Booster Innovation Fund (BIF)
portfolio.
Scentian Bio operates in the bio sensor part of the information technologies sector. It specialises in rapid
and objective detection of taste and smell factors, was formed in 2020, and is classified as seed stage,
with its technology originating from Plant and Food Research.
BIF will make a cash investment of $200,000. Following this transaction (and issue of additional units to
fund the purchase), Scentian Bio will represent 1.2% of BIF’s investment portfolio of over 30 companies,
and with a net asset value of over $16.9 million.
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 190,000 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
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.
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