BIF - Acquires shares in CellCo

CellCo is an agricultural company working on cellular agriculture. It specialises in development of alternative proteins. CellCo was formed in 2022, and is classified as seed stage, with its technology origins being from University of Auckland.

BIF has made an initial cash investment of $125,000. Following this transaction (and issue of additional units to fund the purchase), Cell Co will represent 1.3% of BIF’s investment portfolio of 24 companies, and with a net asset value of over $9.6m.

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

BIF - Acquires shares in CellCo

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

CHI - Government diesel storage at Marsden Point
April 20th Morning Report
NZK Market Update - Earnings Guidance Upgrade
MEL - Meridian Energy monthly operating report for March 2026
April 17th Morning Report
CCC - ESQUIRES IRELAND RECOGNISED AS THE BEST IN IRISH AWARDS
FBU - Fletcher Building Quarterly Volume Report for Q3 FY26
April 16th Morning Report
SCT - 2026 Half Year Announcement
Devon Funds Morning Note - 14 April 2026