BIF acquires shares in Cleanery

12 February 2024

Booster Innovation Fund adds Cleanery to its investment portfolio.

Booster is pleased to announce the addition of Sustainable Care Company, trading as Cleanery, to the Booster Innovation Fund (BIF) portfolio.

Cleanery operates in the clean technology sector, selling a range of eco-friendly cleaning and personal care products that aim to have a reduced environmental impact compared to existing solutions. Cleanery was formed in 2017 and is classified as an expansion stage business.

BIF will make a cash investment of $300,000. Following this transaction, Cleanery will represent 1.5% of BIF’s investment portfolio which supports over 35 companies, and with a net asset value of over $19.4 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 $6 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

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Announcement PDF