Volume 1, Issue 1 August 13, 2013
P RIVATE P LACEM ENT W EEKLY N EWS B RIEF
INSIDE THIS ISSUE:
HIGH PERFORMANCE BATTERY MAKER $500,000 VIA MEZZANINE PLACEMENT
1 1 2 2 2 3 3 3 4 4 4 5 6 7
RAISED
Anzode
AthletePath Royal Gypsy Tea Co. OmniLytics, Inc. Lumina Clothing Co. Game Theory Group BioDatomics LLC MascotSecret LLC Zeel Networks, Inc. InkaBinka, Inc. Woodbrowser, Inc. Top Offer Rankings Offers by Industry/Type Offers by Geo
Anzode, Inc. announced a first close of $500,000. The company placed 57% of its expected $875,000 mezzanine offering with four investors. Anzode raised an estimated $1.9 million via five placements in the US, including the latest placement. One of its investor OI Ventures is an early stage investment boutique which specializes in companies developing new products and services that respond to changing markets. A long time backer of the company is TMT Ventures a corporate fund seeded by Telecom New Zealand jointly managed by Advent Interna-
tional and Direct Capital. Anzode develops patented high performance zinc anode based battery solutions. These batteries deliver high performance in a conventional lead acid like format suitable for emerging markets and clean technologies. The battery is environmentally benign, easy to recycle and harmless in disposal sites. The company is initially manufacturing long life, rechargeable batteries for use in applications such as back up power storage, motive power, remote area power systems, cell phone towers, uninterrupted
power supplies, off-grid energy systems; as well as defense, marine, aviation, railways and traction uses. Near-future applications include low speed electric vehicle devices such as wheelchairs and mobility assist vehicles, electric bikes, electric scooters and golf carts. The company, headquartered in Pataluma CA, was founded in 2004 and is led by Chris Officer (President and CEO).
SOCIAL
Funding Spotlight:
• The Insurance Industry had the most offer amounts for the week of August 9th, with Restaurants haven’t the least. • The state of California top the charts in number of offerings for the week ending August 9th, with New York not too far behind.
PLATFORM FOR ATHLETES ANNOUNCES FINAL CLOSE ON ITS $500,000 FINANCING
AthletePath, Inc. closed on its $500,000 mezzanine financing which was subscribed by 10 investors. The company raised an estimated $1.1 million since its inception via nonbrokered private placements. The company includes as
investor the Willamette University Angel Fund. The company is the social way for athletes to promote and celebrate their races. The platform enables race directors to promote their events well in advance and racers to easily register and access and
share personalized stats with their friends and family during and after the race. AthletePath, headquartered in Portland OR, was founded by David Embree (CEO) and Bob Mahoney in October 2006.