Booster adds two high tech Kiwi businesses to its portfolio | Scoop News
Summary
These are used in a variety of applications, from powerful magnets for materials characterization and chemical analysis, through to the development of new computer hard drive technologies.HTS-110 has an established global customer base and with a history of innovation is well placed for the significant growth opportunities the multi-billion-dollar global superconducting market provides.HTS-110 CEO, Donald Pooke says the investment represents an exciting stage for HTS-110.It provides the focus and commitment to push the boundaries of our product range and expand our markets and customer base. The support shown by the venture finance community in this capital raise is a strong vote of confidence in our team to make this vision a reality. Booster is committed to helping Kiwis share in the success of the innovative research and IP happening right here by bringing these unique investment opportunities within reach of everyday New Zealanders.Boosters first initiative in the tech space was the NZ Innovation Booster which directs capital into early-stage IP emerging from New Zealand universities. We are excited to be on this journey alongside Booster, who are well-aligned with us in our desire to make brave investments with integrity and passion. As an open and evergreen fund, Mat takes a long-term investment view and is aimed at turning ground-breaking ideas into globally focused, IP-rich companies.