# New Zealand Angel Market Report - Q1 2026

**Source Organisation:** Catalist / Angel Association New Zealand
**Publication Date:** Q1 2026
**Original Source URL:** https://www.angelassociation.co.nz/download/4994/?tmstv=1780440252&v=4995
**Source PDF Link:** https://www.angelassociation.co.nz/download/4994/?tmstv=1780440252&v=4995
**Category:** funding-finance
**Document Type:** PDF
**Document ID:** doc-0530
**Tags:** #funding-finance #NZ #angel-investment #syndication #pre-seed #pip-evidence

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## Key Facts & Findings

- The report recorded 34 deals across 23 companies.
- $1.827 million was invested by 134 active angels.
- Average individual investment was $9,771.
- PiP should frame Bill's value as lead validation, governance and introductions as well as possible capital.

## Summary & Research Notes

The Q1 2026 report records active deal-making but smaller individual cheques, reinforcing that PiP's proposed $300,000 first close is likely to require a credible lead investor and a syndicate rather than one passive angel assumption.

## Evidence & Quality Scores

- **Authority Score:** 5/100
- **Freshness Score:** 5/100
- **Relevance Score:** 5/100
- **Knowledge Base Value:** 5/100
- **Target Audience:** Founders, angel investors, syndicate leads, and advisers