Recent highlights from the Booster Innovation Fund (BIF) and Private Land and Property Fund (PLPF):
- BIF made a new investment into Linca, a company recovering critical metals from processed lithium-ion batteries.
- BIF made follow-on investments into Marama Labs and MARS Bioimaging.
- BioOra and Macso Technologies announced major international partnerships.
- Macso Technologies and Calocurb won at the NZ Hi-Tech Awards.
- PLPF portfolio developments moved ahead at Waimea and Woodland Road.
- Waimea vineyard land is being converted to apples.
- Woodland Road avocado land is being converted to SunGold kiwifruit.
Here are some highlights from the quarter ending 30 June 2026.
BIF-backed Innovation companies moving ahead
It was an active quarter across the Booster Innovation Fund (BIF) portfolio, with companies securing new partnerships, progressing capital raises, gaining market traction and earning industry recognition.
BIF made a new investment into Linca, which is developing a process to recover critical metals such as lithium, nickel and cobalt from “black mass”. This is the metal-rich material left after lithium-ion batteries are shredded and mechanically processed.
BIF also made follow-on investments into Marama Labs and MARS Bioimaging.
- Marama Labs is commercialising its CloudSpec technology, which improves analysis of cloudy liquids in life sciences.
- MARS Bioimaging is commercialising advanced scanners that enable high-resolution colour imaging for medical diagnostics, with a first FDA-approved product for scanning hands and wrists.
Two BIF portfolio companies also announced major partnerships during the quarter.
- BioOra advanced its CAR-T therapy pipeline, including a partnership with Cincinnati Children’s Hospital Medical Centre to develop next-generation CAR-T therapy for children with leukaemia.
- Macso Technologies announced a strategic partnership with global animal health company Virbac to distribute its swine health monitoring solution across parts of Europe, Latin America and Asia.
BIF companies recognised at the NZ Hi-Tech Awards
Seven BIF portfolio companies were named finalists at this year’s NZ Hi-Tech Awards, with two taking home category wins:
- Macso Technologies – Most Innovative Deep Tech Solution
- Calocurb – Hi-Tech Emerging Company of the Year
At a glance – BIF investments by sector and company stage

Find out more about Booster Innovation Fund recent portfolio highlights.
Primary sector news for the Private Land and Property Fund (PLPF).
PLPF also had an active quarter, with two investments within the wholesale portfolio moving into crop conversion.
- At Waimea, around 46 hectares of vineyard land on the Waimea Plains is being converted into a high-density apple orchard by Hope Orchard Limited Partnership. Around 40 canopy hectares are being planted across several apple varieties, selected for established international demand and suitability to Tasman’s climate and soil profile. The development uses modern growing techniques designed to support higher yields per hectare and reduce weather-related crop risk, including a two-dimensional “fruit wall” system and full hail netting protection.
- At Woodland Road, Woodland Road Orchard Limited Partnership has secured 4.33 hectares of SunGold kiwifruit licence through Zespri’s 1 May 2026 auction. The licence will support the conversion of an equivalent area of existing avocado land in the Bay of Plenty to SunGold production.
At a glance - PLPF assets by sector and value
A key part of PLPF’s investment strategy is diversification of property assets and income streams across different sectors and we continue to assess these opportunities to grow PLPF’s long-term investment objectives.


Find out more about Private Land and Property Fund recent portfolio highlights.
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Read more about the Booster Innovation Fund (BIF) and some of the exciting companies it has invested in to advance early stage innovation – and see how you can support these trailblazing companies breaking the mould right here in Aotearoa.
Booster Investment Management Limited is the issuer of the Booster Innovation Scheme, Booster Innovation Fund. Product Disclosure Statements are available at www.booster.co.nz.
Booster Investment Management Limited is the issuer of the Private Land and Property Fund (Fund). The Fund’s Product Disclosure Statement is available at www.booster.co.nz or by contacting your financial adviser.