Another FKA Friday ● 10 March 2023#05

10/3/2023


	10 March 2023 #05		\|LIST:SUBSCRIBERS\|

The length of today's newsletter is diametrically opposed to the length of the dinner and drinks that followed yesterday's meeting of the Arch Angels of NZ. Naturally, angels do best sky-high and Suse and Bridget picked the perfect venue with The Sugar Club at the top of Auckland's Sky Tower.

Narrative Muse is our #18 portfolio company. A crowd pleaser and so it is only right that they are crowdfunding! Find out more HERE.

PowerON at a tradeshow in Germany. Bringing purrfectly smart elastics to advance soft robotics. FKA commitments stand at $250k and we will now close this round on Monday.

Woolchemy has raised its $1.5m seed round. We talked to them in September. A strong and capable team! But didn't find a champion. The four angels who talked to them were sheepishly overcome by angst about all the risks they could see.

Great to see the team got support and is away with $1.5m.

A rare glimpse of the inner workings of Kayasand. Technology that can recycle concrete that others send to waste! $4.5m of the $5.0m round committed. So far, we have 12 FKA investors. Bram, the CEO, is happy to answer any questions or organise another visit to the quarry.

From the Economist. Publishers long accused tech firms of profiting from their content. Now they have a point. AI is reaching behind newspaper paywalls.

NZTE's InvestHER is back in May 2023. This week with the working link HERE where founders can express interest to participate.

There has been talk and consultation which has resulted in reaffirming the old.

Quotes from 2x 100 'Hustonisms'. □ Get a sense of the man

Never throw good money
after money you cannot admit
you've already lost.

Angels lured by cheap valuations
should buy tattoos when they're on sale.

If you like life distilled down and sped up,
you'll love angel investing.

Also, on LinkedIn and over 2,000 FKA GIFs on GIPHY.