Angel Investment Network’s Weekly Funding Roundup

A roundup of some of the recent seed-stage and angel deals from around the world: 

  • NoiseToys, a developer of social media applications that include Hitmaker and Apptitude, has raised $1.2 million in seed funding
  • COLOURlovers (www.colourlovers.com), a startup whose products let you easily express yourself using shapes and colors, has raised $1 million
  • Gigwalk (www.gigwalk.com), who turn the world’s iPhones into an instant mobile workforce, has raised $1.7m in seed funding
  • graFighters, an online fighting game that allows users to create a character by uploading a hand drawn image, closes $200k seed funding
  • Mobile photo-sharing startup TuiTu wins angel funding from Wang Feng – former senior VP of Kingsoft and founder of game maker Linekong
  • SwaddleKeeper, whose Baby Sleep System offers a swaddling blanket system and infant blanket sleeper, has won $135,000 in angel funding
  • Group buying navigation website 1000tuan.com recently won investment of nearly CNY 10 million from well-known angel investor Xu Xiaoping.
  • Trustnode, whose interactive education platform eliminates the complexity of insurance education, has won funding from The Band of Angels
  • Innovatient Solutions raises $1m from the state and investors for its system to improve communications between care providers & patients.
  • Newtopia Inc has received seed funding from the Business Development Bank of Canada, which made the investment through its VC division
  • Mumbai Angels, a group of 120 investors, has invested in MVS Efarm, which provides logistic & consulting services to the agriculture sector
  • Discovery Bay Games has raised $12 million from angel investors to create a new class of iPad accessories
  • Semasio, a Hamburg, Germany-based online advertising technology company, has received €500K seed funding from High-Tech Gruenderfonds
  • Clipta Inc. (www.clipta.com), a Web video search start-up, has secured a $500,000 angel investment
  • Grubwithus, a startup aiming to bring strangers together for meals, has secured $1.6 million in funding
  • musiXmatch, the leading digital lyrics API, has raised $3.7m in Series A funding from leading investor Francesco Micheli Associati
  • Nevolution (www.nevolution.com), the developer of an app store for Windows mobile device users, has raised $450,000 in angel funding
  • Energy management and storage startup VCharge has won $150,000 in seed-stage funding from the Slater Technology Fund, an early-stage fund

To stay updated, come follow us on Twitter: http://twitter.com/angel__network.

Angel Investment Network’s Weekly Twitter Roundup

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VCs invest 20% more funds into fewer deals

Investments are up while deals are down, according to a report from Dow Jones VentureSource, which found that venture capitalists invested $9.8 billion into 967 deals for companies around the world during the first quarter of 2011, representing a 20% increase in investment but a 7% decline in the number of deals from the same period in 2010. By comparison, in Q1 2010, companies around the world received $8.2 billion in venture capital across 1,038 deals.

Image source: DowJones.com

Creating an Early Stage Pitch Deck

A picture from the white board at Ryan Spoon’s presentation on creating early stage pitch decks (primarily focused on the seed round).

Please take this for what it’s worth: just one investor’s opinion. As is true with everything – the best answer is “it depends”. It depends on your background, your company, your raise, and your audience.

Angel Investment Network’s Weekly Twitter Roundup

Angel Investment News  

Business Plans & Pitching

Fund Raising

Marketing & Social Media

Start-Up & Entrepreneurship

To stay updated, come follow us on Twitter: http://twitter.com/angel__network

Angel Investment Network’s Weekly Twitter Roundup

Angel Investment News

Business Plans & Pitching

Fund Raising

Marketing & Social Media

Start-Up & Entrepreneurship

To stay updated, come follow us on Twitter: http://twitter.com/angel__network

 

50 Quick Tips on Raising Angel Funding – Part 2

  1. Avoid general statements, such as “We will provide excellent customer service” or “I am very hard working”.  Everyone could make these claims. 
  2. Do due diligence on any investor you’re thinking of doing a deal with.
  3. Try to target angel investors with experience in their industry – their expertise will be invaluable.
  4. Expect the angels to want an active day-to-day role to share advice, knowledge & expertise.
  5. Ask for a non-disclosure agreement to be signed if there is any information you feel uncomfortable disclosing to the investor.
  6. Remember no legitimate investor will ask you to pay money.
  7. Be completely open from the beginning.  If an investor finds a skeleton in your closet, the deal will be off.
  8. A market with high growth potential is very attractive to investor.
  9. Start your pitch with “a hook” – a statement or question that grabs the investors’ attention and makes them want to hear more.
  10. Don’t write “No Competition”.  There is always competition, even if it is indirect competition.
  11. Be enthusiastic – Investors expect energy and dedication from entrepreneurs.
  12. Don’t use acronyms – people outside the industry won’t know what they mean.
  13. Gestures, body language (e.g. nodding and smiling) and confidence are very important when you’re speaking to investors.
  14. Ask family, friends and colleagues for feedback about your business plan and pitch.
  15. The more you practice your pitch, the more relaxed you’ll be when you’re in front of the investors.
  16. It’s really worth spending money on a good lawyer.
  17. Don’t be afraid to admit your weaknesses and admit you may need help in certain areas or strengthen part of your team.
  18. Use short paragraphs, bullets and lists: This makes it easier and quicker for the investors to read.
  19. Don’t write “Guaranteed Return”.  No return is guaranteed!
  20. Check your business plan for spelling and grammatical errors they make you look unprofessional.
  21. Don’t say “My projections are conservative”.  90% of companies say the same thing.
  22. Make sure you have legit market research to back up your claims about market size and competition.
  23. If applicable, investors will want to see that you have the necessary patents and protection in place.
  24. Don’t say “We only need a 1% marketshare to have a turnover of 1 million” – financial projections don’t work like that.
  25. Last but certainly not least (here comes the sales bit), visit www.angelinvestmentnetwork.co.uk if you need any help raising funds.  In the top right corner, you’ll find a drop-down list of all our networks around the world.

Angel Investment Network’s Weekly Twitter Roundup

Angel Investment News

Business Plans & Pitching

Fund Raising

Marketing & Social Media

Start-Up & Entrepreneurship

To stay updated, come follow us on Twitter: http://twitter.com/angel__network