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If one were to make a movie about the year 2021, “Rollercoaster 2021” would be an appropriate title. The year feels to me like it has flashed by in a blur.
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Investments on Propel(x) are high risk, illiquid and bear the risk of partial or complete loss of invested capital. Please review risk factors for investments on Propel(x) here.
This newsletter is for informational purposes only. It is not a solicitation to buy or sell a security.

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                   22 December 2021                      
 
DEEP TECHNOLOGY BUZZ
Here is what caught our attention over the past few weeks.
We are reading
Alumni Startups Spotlight
 
SkyCool Systems was selected as one of the 100 greatest innovations of 2021by Popular Science. SkyCool is focused on energy efficient solutions and new methods for cooling. Read more.**

Mekonos, a biotech company launching its system-on-a-chip (SoC) for targeted ex vivo gene engineering, has completed a $25M financing round. The round was co-led by Reimagined Ventures, Fiscus Ventures and PEAK6 and participated by Novartis AG who led Mekonos' last round. Read more.**

Brelyon, the MIT spin-off pioneering a new category of ultra-immersive display technologies, and GameWorks an esports and entertainment company, today announced a strategic partnership under which Brelyon will offer its headset-less virtual reality gaming experience at GameWorks locations nationwide. Read more.**


**These links are provided solely as a convenience to readers and they do not imply an affiliation, sponsorship, endorsement, approval, investigation, verification, or monitoring by Hubble Investments or any of its affiliates of the contents on such third-party websites.

Webinar Alert : Tax Incentives and Benefits for Angel Investors in Startups
 
Do you want to know about the potential tax savings associated with angel investing?

Join Propel(x) in a panel discussion where our CEO Swati Chaturvedi will chat with Tim Kelly, CFO of Sand Hill Angels and a pioneer in introducing multi-class LLC structures to angel groups in Silicon Valley. An experienced angel investor, Tim has worked at multiple startups in his past life and continues to advise many, as an investor and advisor. We are privileged to have Tim as our accounting advisor for Propel(x) syndicates.

Event Date: 20 January 2022
Location: Your Desktop

Topics of Discussion Include
  • Multi Series LLC (SPV)
  • Qualified Small Business Stock (QSBS) and Rollover Deferral
  • What to do when you are stuck with Worthless Stock
  • Using Tax Credits to Offset Payroll Liability

Note:
1. We do not provide tax advice. You should consult your personal tax advisor for any tax related questions.
2. This webinar is for informational purposes only. It is not a solicitation or offer to purchase or sell any security, nor should this information be construed as advice for investment decisions.

Founder's Letter - 2021 in Review for Propel(x)
If one were to make a movie about the year 2021, “Rollercoaster 2021” would be an appropriate title. The year feels to me like it has flashed by in a blur.

It has certainly had its challenges for people and businesses alike as we have all tried to navigate our way through the fallout of the COVID-19 pandemic that is still making its presence felt around the world.
- Swati Chaturvedi, Co-Founder and CEO - Propel(x)

 
Happy Holidays!
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Propel(x) is an alternative investment platform facilitating private venture capital for deep technology startups. Our mission is to enable investment in technologies that matter
and thus build the next generation of great companies.

Investors | Founders

Investments on Propel(x) are high risk, illiquid and bear the risk of partial or complete loss of invested capital. Please review risk factors for investments on Propel(x) here.
 
 
 


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