Happy Thursday.

In today’s issue:

Angel funding rounds announced in recent weeks, compiled from public sources or via direct announcement. These deals represent the elite few that survived an angel network’s vetting process. Note: I have not personally analyzed these companies and am sharing for informational purposes only.

📊 Angel Network Investment Tracker: 259 Deals, 125 Networks.

🔓 The Exclusive: 18 Actively Raising Deals Shared to Date

Participating Group: IAN Angel Fund

IndigoTex is developing wool-based denim and a waterless wool finishing process, and says it has signed confidentiality agreements with Ralph Lauren and Kering Group. IAN Angel Fund led the company’s $500K+ (₹5 crore) round.

Satendra Singh | $500K+ Round | New Delhi, India | October 2026 | Source

Participating Group: E8 Angels

AlgaFilm Technologies is developing a system that grows algae on engineered surfaces to remove nitrogen and phosphorus from wastewater, and says it has begun a full-scale demonstration in Kingsville, Ontario. E8 Angels participated in the company’s recently closed seed round.

Ahren Britton | Ancaster, Canada | September 2026 | Source

Participating Group: Oregon Sports Angels

huupe makes smart basketball hoops with built-in screens that track shots, and counts Best Buy, Costco and Dick’s as retail partners. Oregon Sports Angels recently announced a follow-on investment in the company as part of its Series A extension.

Paul Anton | Irvine, CA | September 2026 | Source

Participating Group: SWAN Impact Network

Yotta Energy is developing battery storage for commercial solar systems, including a 1 kWh battery unit that mounts directly behind each solar panel. SWAN Impact Network recently announced a follow-on investment in the company.

Jordan Harris | Austin, TX | September 2026 | Source

Participating Group: Harvard Business School Alumni Angels of Greater New York

Smartlens is developing an electronics-free contact lens that tracks eye pressure, a glaucoma risk factor, and says the device is in late-stage US clinical trials. HBS Alumni Angels of Greater New York recently announced a follow-on investment in the company.

Savas Komban | Sunnyvale, CA | August 2026 | Source

Melissa introduced me to what she calls “the pretzel problem,” where founders often contort their business to match what an investor wants. The trouble is that a pretzel doesn’t untwist. It breaks.

Some capital decisions, once made, are tough to walk back. That makes alignment as much the investor’s responsibility as the founder’s, and too often I’ve seen well-intentioned investors miss the fact that their goals don’t align.

Takeaway:

Before writing any check, ask: “Is this the right type of capital for what the company needs right now?”

Want more? Check out my full conversation with Melissa 👇

Listen now on Apple Podcasts, Spotify, YouTube, and more.

That’s the question I launched The Exclusive to answer. 18 new actively raising deals posted since I launched.

Apply for one of just 25 founding seats: $50/month for as long as you stay, full refund within 30 days if you’re not finding it useful. Accredited investors only.

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Thanks for reading - have a great week.

-Andrew

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