Totally partial to partial exits! We have another partial exit from one of our portfolio companies. If you're invested you'll know, if you're not we cannot tell you more at the moment. ● The FileInvite round is nearly full, Garth and CEO James have made great progress. ● Phil will bring Narrative Muse to our 18 July Pitch Night. ● Conqa checked into ADI∙Clinic this week and newbie Andy will bring them to Pitch Night too. ● Also, oldtimer David R will bring Kami for an update. ● A dozen U35 aspirants met last night, kindly hosted by Imche Fourie in the deep catacombs of LevelTwo. Almost like FKA started with a Dirty Dozen 5 years ago.
Note: Kami's user count is bounded by NZ's headcount for people and sheep
For co-founder and departing CEO Chris Heaslip the partial exit from Pushpay has been very worthwhile. Pushpay shows how dominating a niche in a big market can be very lucrative. Well done!
Facebook announces Libra cryptocurrency: Read all about it here.
Highlights from The Hi-Tech Gala Dinner, the crowning Friday finale of Techweek 2019. Also some highlights from the earlier Entrant Events in Auckland and Wellington.
Whoever said accounts love blue and only blue? KPMG New Zealand sported a very colourful logo variation on LinkedIn last night. L O N G M A Y I T L A S T !
Next week's video will have the above question. Guess what it means!
Notable funding rounds to put what we do into perspective.
Taken from Airtree.vc/newsletter.
Judo, a challenger bank, raised $340m ◇ Agersens, a virtual fencing system for cattle, raised $14.8m from Gallagher Group ◇ Enboarder, an HR startup, raised $11.6m from Greycroft ◇ Verrency, a payment startup, raised $10m from Alium and others ◇ Microba, a gut health biotech, raised $10m from Thorney Investments, Perennial Value and Alium ◇ Hometime, an AirBnb property management startup, raised $6m from OneVentures ◇ Cashrewards, an online shopping rewards site, raised $5.3m from Alium ◇ Parcelpoint, a delivery startup, raised $4.5m from existing shareholders ◇ Fresho, a food-tech startup, raised $3m from the Aconex founders ◇ Notiv, an AI-enabled meeting assistant, raised $1.4m from Transition Level, Full Circle and Black Sheep Capital