All of you, here comes the video to show what you've missed out on if you didn't join the flight of 50 on Monday 20 May 2019.
We're running ADI.Clinic at eight sites across the country with the help of other angels groups that are stepping up in the regions. Whangarei is one of those sites and Akudos comes from there after the team has been coached by Lawrence over several months.
This is their pitch video, FKA's 34 Voting Angels are currently deliberating whether to proceed to DD. Nearly half the votes are in so far and there is clearly interest in Akudos.
Nothing smelly has come up on these two, they have cleared the VETO GATE without incident. So, let's welcome Joe.Harper@fka.nz and Hattaf.Ansari@fka.nz as new members to FKA, taking our count to 58.
"It will be administered by the Super fund, with NZVIF making the investments through private sector fund managers."
"The Venture Capital Association had expressed concerns that if NZVIF went it alone with investments, bypassing private fund managers, that would run counter to its original remit of helping grow a strong private sector venture capital industry in New Zealand and could "crowd out" private investment." ☞ full article
Also, ☞ this article. "[...] Icehouse chief executive Andy Hamilton also said the challenge would be getting the private sector on board to match the investment." Meaning increase the $3m($100m) fund presumably?
FileInvite №14 is raising to accelerate growth. Watch out for the co-investment call that is coming your way later today. Cornelius and Phil are sharing their findings in a DD Brief for this round. Both of them and Garth, who is Chair and investor rep, are doubling down.