Angel investment hits record high as startups prepare to feast on disruption

Angel investment in Kiwi startups hit a record of more than $60 million last year.

That was despite a slow start to the year, which was a generally forgettable one for the broader business community.

Stefan Korn, chief executive of Wellington technology incubator Creative HQ, said the mood among startups now was generally positive.

There was a feeling business was entering a period of “extreme disruption” which was always good for startups, he said.

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