For quarter 31 March 2026.
BIF-backed company Scentian Bio, whose hand-held, digital device can sniff out chemical compounds by mimicking this ability in insects, has successfully raised $7m (including investment from BIF). BIF has also made a further investment in medical diagnostics company Wellumio as part of its recent capital raise.
BIF-backed companies are making waves here in New Zealand and overseas.
Seven are finalists in the prestigious NZ Hi-Tech Awards for the country’s best innovation companies that have global commercial opportunities. They include:
- Captivate Technology - Most Innovative Hi-Tech Solution for a More Sustainable Future
- Alimetry and Cleanery - Most Innovative Hi-Tech Manufacturer
- MACSO - Most Innovative Deep Tech Solution
- Goodair Nosebuds – Hi-Tech Startup Company of the Year
- BioOra and CaloCurb – Hi-Tech Emerging Company of the Year
Companies growing international reach:
- MARS Bioimaging Ltd has had a major breakthrough in the US with FDA approval of its CT imaging system, opening up the US market for sales.
- Alimetry secures FDA approval for AI-Powered update to improve efficiency and accuracy
- Ferronova completes enrolments for cancer image-guided surgery trial across five hospitals in Australia, to validate the technology and bring it closer to commercialisation.
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).
- Grapes to apples in Waimea: A positive outlook for apple exports and good prices for apple orchards is behind the decision to turn approximately 40 canopy hectares of Waimea vineyards into apple orchards.
- Kiwifruit: Zespri is predicting strong growth in kiwifruit supply and demand across its varieties. It’s expected Zespri SunGold Kiwifruit will remain the key driver of this growth with less supply of Zespri Green Kiwifruit helping to maximise those future returns. Meanwhile Zespri has commercialised a new red kiwifruit variety.
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 returns.
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.