Flying Kiwi Angels have just completed their due diligence on Moxion. LPs have voted unanimously to make this our 10th portfolio company. Moxion is a game changer for film and TV production cutting the delivery time of on-set footage aka dailies from 24 hours to under 2 minutes.
We, the DD Team recommend that Flying Kiwi Angels vote to invest in Moxion. This funding round will provide the co-founder and CEO Hugh Calveley and his team with the necessary resources to substantially grow their business which has already been well received in international film production circles.
Moxion has a product that is proven with a very strong value proposition. With additional scale it is highly likely to become an acquisition target in an industry that is changing due to product integration and consolidation.