AngelEquity Launched!Monday, October 3, 2016
"Tauranga's Enterprise Angels network of investors in early stage companies has launched a new crowdfunding platform to make it easier for sophisticated investors to access those opportunities.
The country's newest crowdfunding platform, AngelEquity, will seek to broaden investments previously limited to angel networks to include people who qualify as wholesale investors, says Enterprise Angel executive director Bill Murphy. Enterprise Angels funded the construction of the site, which Murphy sees as providing a national investment service for offers that have previously been restricted by geography.
"[The platform] will enable wholesale investors right across the country to invest in some quality deals we do," he said.
All offers will have to go through the angel group's due diligence process and will have a minimum 25 percent of angel investment in their funding rounds."
Excerpt from Scoop, by Paul McBeth - read full article here.
“New Zealand’s newest equity crowdfunding platform has launched today with offers for two early-stage companies and a portfolio fund. Offers launched include:
Roholm, which has developed a product called Inverse that uses sub-zero temperatures to restore the health and appearance of women’s hair, rather than chemicals or heat.
Quantec, an agritech business which has discovered and patented a milk protein, which it is developing to use for human and animal health. This includes as a non-antibiotic, nil-milk withhold treatments for mastitis in dairy cows – which costs the industry more than $1.5 billion – and to use in skincare products for conditions such as acne and eczema.
EA Fund 2, aiming for investment of $4-6 million, with $2.35 million already invested. Investors will have exposure to at least 15 New Zealand companies across a range of industries, spanning seed, start-up and expansion phases.”
Excerpt from NBR, by Calida Smylie - click here for full article.
"The angel investing model is the best way to invest in early stage companies," said Enterprise Angels executive director Bill Murphy.
"Angel investing is high risk. Angel investors have a huge amount of experience in early stage investments and we put every investment opportunity through a rigorous pre-selection process including due diligence, negotiating investor terms and company valuation."
Mr Murphy said that AngelEquity differed from other crowd-funding platforms in the NZ market.
Excerpt from BOP Times, by David Porter -click here to view full article.
“Angel investor Bill Murphy is seeking more angel investors in the South, hoping his recent visit to Dunedin will spark more interest in supporting young entrepreneurs. While in Dunedin, he met Otago Angels and the Opal Fund, seeking to spark more investment from local investors.
"Many high-net-worth individuals, or people with sophisticated knowledge and experience of financial markets, are now considered wholesale investors."
Mr Murphy acknowledged high-profile investors such as Sir Stephen Tindall and Sam Morgan were well known throughout New Zealand. His task was to tap the next level down for new investors to help growing New Zealand companies.
"We need people who have built up their wealth in certain areas to realise how exciting it is to invest in these new companies. Usually, it is young, enthusiastic people with fresh and innovative companies looking to change the world. Investing in these companies can make a real difference — locally, nationally and internationally."
Excerpt from Otago Daily Times, by Dene Mackenzie - click here to read full article.