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Welcome to edition #18 of The AIS Angel Insider, your weekly scoop of inspiration, insights and insider knowledge on all things Angel Investing and Startups.

On this weeks AIS Angel Insider:

📰 Inside Scoop: EIS extended, Microsoft’s£2.5B AI investment + more

🚀 For the Founders: Last Chance: Secure equity free funding from word renowned beverage company Diageo

🤓 Read of the week: Understanding SEIS/EIS for Angel Investors in the UK: A Comprehensive Guide to the 50% Tax Relief Scheme

🧠 Resources: There’s probably an AI for that, we’ve found 4 unique AI tools that you have to try out!

🔎 What’s happening at AIS: We held an event in November and it was a success!

💷 Deal Flow: Last Chance - LightHearted AI are raising (EIS qualifying)

🚨New: Read our free Angel Investing Basics e-book

🗓 Dates for your Calendar: Virgin Startup empower & Techstars Demo Day

🤑 Discounts Freebies & Rewards: Read till the end

📰 INSIDE SCOOP

BREAKING NEWS: EIS extension. In the recent Autumn Statement the government has announced that the EIS and VCT schemes that were due to expire in 2025 have now been extended to 2035…Read More

Microsoft to invest £2.5bn in British AI infrastructure. Tech giant Microsoft has pledged £2.5bn to build AI infrastructure in the UK as part of a raft of…Read More

UPDATED: A comprehensive list of 2023 tech layoffs. November just added to the list, with layoffs from Carta, Paystack & Snap…Read More

🚀 FOR THE FOUNDERS: Fusion By Diageo Programme (Equity free funding)

Diageo are on a mission to scale the next wave of innovative digital and tech businesses. They set up Fusion by Diageo to find and partner with leading innovators to develop the next wave of digital products. The partnership lab combines the global scale and industry expertise of Diageo, with the latest tech and entrepreneurial spirit of scaling businesses to co-create the next generation of consumer products. Apply here

🤓 READ OF THE WEEK

Understanding SEIS/EIS for Angel Investors in the UK: A Comprehensive Guide to the 50% Tax Relief Scheme

Read more

🧠 Resources | There’s probably an AI for that: 4 unique AI tools that you should try out

Ventures AI turn your business idea into reality using GPT-3.5 and GPT-4 to generate an analysis of your business idea and gives you feedback on how to make it successful....Check it out

Coding Amigo is an AI powered coding assistant that helps you learn to code like a developer. Today's developers didn't learn binary before learning Python, why should you learn how to code without the most modern tools?...Check it out

GPTExcel is an AI tool that generates and explains Microsoft Excel and Google Sheets formulas easily with the tap of a few buttons.…Check it out

Eightify is a chrome extension that summarises youtube videos in seconds, along with time stamps and detailed insights…Check it out

🔎 WHAT’S HAPPENING AT AIS 

Looking Back: On November 15th we held a private event in collaboration with the Lloyds Bank Business Black Entrepreneur Programme. We brought together over 60 Black founders with businesses generating anywhere from 6 to 8 figures in revenue. The event was all about how to leverage technical talent to scale your business. The conversation was rich, the networking opportunities were endless and the food was great.

We want to extend a huge thank you to our wonderful supporter, Lloyds Bank, particularly Khalia Ismain, The Black Entrepreneur Programme Manager. Their support was instrumental in making this event a success, and we're incredibly grateful for their commitment to fostering entrepreneurship and innovation in the Black community. You can learn more about their initiatives here.

Lastly, we wanted to say thank you to our panellists, Efua, Chris, and Jason who brought a wealth of knowledge and expertise to the discussions. Their insights were invaluable, and we're fortunate to have had them share their perspectives with us.

Enrolment for the January 2024 Cohort is now open: Our 5 week intensive program is designed to take you from knowing nothing about angel investing to feeling confident and knowledgeable enough to support and invest in the companies you truly believe in. Enrol Today

Join the AIS+Monthly Membership (for startup founders):

1. AIS+ is a community of mission-driven business owners who share a philosophy of adding value through a spirit of collaboration. Our members range from Fractional COO's to business owners of hair care companies and recruitment agencies.

2. Every month, a business owner takes the hot seat and each member supports with perspective, advice and connections.

3. We value business owners who protect their ownership, prioritise capital efficiency and build products customers love.

4. We have dozens of pre-recorded masterclasses on topics such as setting up your operating system to building high-performing teams (we do cover fundraising from angels too).

5. Build a profitable business with a value-aligned community and be held accountable by your peers. Join Here

Check out what some of our September 2023 Cohort had to say about the course OR read the rest here on Trustpilot

angelinvestingschool

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💷 DEAL FLOW 

LAST CHANCE: LightHearted AI are raising (EIS Qualifying)

About

LightHearted AI has developed a groundbreaking technology—a light-based stethoscope that uses lasers and AI to diagnose heart conditions quickly and accurately without any invasive procedures. They have turned 6 months GP visits, referrals and diagnostics into a 60 second process.

This innovation has the potential to save the NHS alone £1.1 billion and significantly reduce wait times. The opportunity globally is much larger.

Traction, Round Details:

- The company is pre-revenue but development of the device is well underway, with a tested working prototype.

- This round will allow the team to advance their cardiology platform, complete clinical trials (already underway) and attain their ISO (safety approval).

- The investment will also support new hires, R&D, operations and regulatory compliance.

Access this deal on Odin

Are you a founder looking to raise? submit your pitch deck here

 🧠  LEARN ABOUT THE BASICS OF ANGEL INVESTING

• Learn how angel investing actually compares to investing in stocks and shares

• Learn about the AIS Mindset and why you need it to win in the game of angel investing

• Learn about the different types of angels and decide which one you want to be

• Bonus quick start checklist to get you started on your angel investing journey + much more

  Download your free copy

🗓 DATES FOR YOUR CALENDAR

Virgin StartUp Empower 100 Demo Day: Empower100 has been designed to help Black, Asian, and minority ethnic founders, women founders, and founders with a disability, based in Greater London, unlock the potential for growth and investment in their startups. November 30th 10:00am - 14:00pm. Register Here

Techstars London Demo Day: Join Techstars for an exciting evening to hear about their newest class of 11 startups pitch their innovative solutions. ​During the evening you will also mingle and network with fellow investors, Techstars partners, mentors, and alumni. December 7th 6pm - 9:30pm. Register Here

🤑 DISCOUNTS, FREEBIES & REWARDS 

Get 15% off the ultimate pitch deck course

The course offers:

1) Unique insights to get inside the mind of top investors

2) Save weeks of research by quickly accessing the most comprehensive and best guidance available

3) Solve the problems that ruin most decks with original tools and content created by successful investors and entrepreneurs

4) Prepare better for the fundraising process and strengthen your business with strategic management insights. Redeem Here