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Happy Thursday.
In case you missed it, yesterday I released the Q3 Angel Network Pulse, which covered 39 angel-network backed deals from 35 different investor groups. Check out the full analysis here.
In today’s issue:
Angel Deals of the Week | 269 Deals, 129 Networks
First time featured this week: SABAH.angels
Bookmarks I think you’ll enjoy
The best nugget from my conversation with Joe Herbst, Executive Director of Nittany Angels
🔥 Angel Deals of the Week
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: 269 Deals, 129 Networks.
🔓 The Exclusive: 19 Actively Raising Deals Shared to Date
AegisCoat | Bioinspired coatings replacing forever chemicals
Participating Group: Aggie Angel Network
AegisCoat, a University of Michigan spinout, is developing coatings free of PFAS (toxic “forever chemicals”) for marine and industrial use, backed by a reported $11M in DARPA funding. Aggie Angel Network recently announced an investment in the company.
Ryan Evans | Ann Arbor, MI | November 2026 | Source
Locus Lock | Software-defined GPS receivers for defense
Participating Group: Golden Seeds
Locus Lock, a UT Austin spinout, is developing software-based satellite navigation (GNSS) receivers built to maintain positioning when GPS is jammed or falsified. Golden Seeds participated in the company’s Range Ventures-led strategic round.
Hailey Nichols | Westminster, CO | September 2026 | Source
Mesodyne | Rugged portable multi-fuel power generators
Participating Group: Citrine Angels
Mesodyne, an MIT spinout, is developing a portable, patented generator that converts fuels such as diesel, propane, and jet fuel into electricity for military and commercial users. Citrine Angels recently announced an investment in the company.
Veronika Stelmakh | Somerville, MA | October 2026 | Source
Clopos | Cloud POS software for restaurants
Participating Group: SABAH.angels
Clopos provides cloud-based point-of-sale (checkout and order management) software for cafes and restaurants, and says it serves more than 4,500 customers in more than 13 countries. SABAH.angels recently announced an investment in the company.
Reyal Savalanov | New York, NY | October 2026 | Source
Colette | AI operations platform for restaurants
Participating Group: TBD Angels
Colette is developing AI software that brings restaurant shift handoffs, team communication, and sales and labor data into one place, and NBC Boston reports about three dozen restaurants use it. TBD Angels recently announced an investment in the company.
Frank Chen | Boston, MA | September 2026 | Source
📣 Have an Angel Deal to Announce?
You just read who raised. The Exclusive tells you who's still raising.
When an angel group backs a company, I contact the founder to ask if the round is open. If it is, members get the deck, my memo, and an intro to the founder.
They also get deals that come to me directly and never appear in this newsletter.
$50/month for the first 25 members. 10 seats left. Full refund within 30 days if you’re not enjoying it. Accredited investors only.
🔖 Bookmarks
🪦 Sequoia Is Killing the Famous Scout Program: The firm is shutting down Scouts and its Arc accelerator and closing its London office as part of a broader restructuring.
🏗️ OpenAI Wants Everyone to Call AI Data Centers “Compute Campuses”: An OpenAI spokesperson confirmed the new name as data centers become a major midterm issue for voters.
⬇️⬇️⬇️
🥇 The Nugget: My Top Takeaway from A Conversation with Joe Herbst
The secret sauce: alumni network 🎓
When I asked Joe (who has been an active angel investor for over 20 years) what surprised him about launching Nittany Angels, he immediately started talking about the power of the brand.
Penn State has over 800,000 living alumni. That’s a gigantic group of potential members and founders, all connected by this same alumni thread. This is the “secret sauce” for every university-affiliated investor community.
An example. Nittany Angels launched this spring with about 35 members, and one of its first investments was a Silicon Valley AI robotics seed round. And the group was able to access that deal because a co-founder is a Penn State alum.
From Joe: “We probably never would have had access to that company if we hadn’t had a Penn State alum as a co-founder.”
Takeaway:
If your university has a loyal alumni base, “proprietary deal flow” is already happening. An investor community is an excellent way to organize and support those alumni founders more directly.
P.S. If your university has the alumni base but no investor community yet, I can help. I’ve developed a “launch” package specifically for new groups that covers platform setup and coaching through the first two pitch events. Reply to this email - I’d be glad to talk.
Want more? Check out my full conversation with Joe 👇
Listen now on Apple Podcasts, Spotify, YouTube, and more.
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Until Next Week 👋
Thanks for reading - have a great week.
-Andrew
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