NZ angel investors shun new investments in first half as total funding falls

Sun, 11 Oct 2015

By Paul McBeth Oct. 12 (BusinessDesk) - New Zealand angel investors scaled back their support for new investments in the first half of the year, instead preferring to top up funds to firms already in their portfolios, as the amount of money invested fell 20 percent from a year earlier. Angel funds invested $20.6 million in the six months ended June 30 across 53 deals, compared to $25.9 million across 61 deals a year earlier, according to the Young Company Finance index compiled by the New Zealand Venture Investment Fund and Angel Associat...

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