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Newsletter ➢ ᴀFKAғ•2019#26

26/7/2019

 
*|MC_PREVIEW_TEXT|*

26 July 2019 #26

We sent out the co-investment call for Narrative Muse last Sunday. Sunday? No rest of the wicked, some of the best Angelic work happens when others rest. $55k commitments from FKA so far. Add in $110k in hard and $20k in soft commitments that Brough has already and she is getting close to her $250k target. NZVIF might just close that gap? 
Conqa has conquered the imagination of the Flying Kiwis. 19 Angels said, let's do DD. Out of 21 votes that speaks of real interest!

Now champion Andy and his DD Team have their work cut out sifting through all the building blocks that make up this business in the construction industry.

Conqa has already spread into AUS. So if any of the fine Angels across the Tasman read this we would really appreciate your in-market expertise!

Just ping Andy.Harwood@fka.nz! 

StreetchSense is FKA's first portfolio company, first partial 3x exit, now the first to go into voluntary administration. This will hopefully resolve some structural issues that are preventing new investors from coming in.

Here is the Herald article in case you've missed it.

Another Showcase but this one is different. Jackie (not pictured above) runs the incubation programme at the ecentre without charging founders and without taking equity. Callaghan Innovation is paying already. GREAT!

The icing on the cake (excuse the pun) would be a Massey/ecentre seed fund to support graduates in their subsequent external round. That would be truly founder and investor-friendly! Jackie?

☞ Register for the upcoming Showcase here!

Smart Seeds is a design-led innovation program empowering diverse groups of people to co-create integrated solutions to complex challenges. In 2019 the program is running in 13 cities in 5 global regions, including urban and regional cities in Australia, New Zealand and North America. See the culmination of 11 weeks of work from 6 teams next Wednesday in Auckland. ☞ More here.

Tim G is Jack, Jack of all trades. We know him as a hustler, early teleshopping expert and shareholder of Skippy the Bush Kangaroo to name but a few. Now we know another trade in his bow, he is also Edward Scissorhands. 
Potentia is a sponsor much like Santa. Bringing great spirit and making sure the turkey is well stuffed. Abinesh, Nate, Julian and the rest of the crew, it's a real pleasure working with you and we really appreciate your cash sponsorship next to all your other active contributions.

Onwards and upwards for another year and beyond!


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