Steve Maarbani

VentureCrowd parent company in administration as creditors seek $7.3 million

VentureCrowd's parent firm is in administration with creditors claiming $7.3 million owed. The first administrator was replaced by Cor Cordis, while the platform's trading subsidiaries and managed funds continue unaffected.

Also Startup Daily

Sydney Angels sidecar fund raises $3.5m in a week on VentureCrowd

Sydney Angels' third sidecar fund raised $3.5 million on VentureCrowd in a week to back early-stage startups, while the article recalls past fund wins including Clarity Pharmaceuticals, Instaclustr and Aurtra.

Pitch VC joins VentureCrowd to democratise startup fund management

VentureCrowd and Pitch VC are launching a white-label platform that lets newcomers run their own startup funds; Pitch VC's two founders join VentureCrowd's leadership to build it.

VentureCrowd walks the talk, raising $3.9 million on its own crowdfunding platform in $10m Series A

Crowdfunding platform VentureCrowd completed a Series A, combining existing backer money with funds gathered through its own marketplace, and plans platform development, retail expansion and a Singapore office.

Also SmartCompany·SmartCompany·Startup Daily

Sydney biotech raises $5 million with Covid vaccine plan

EnGeneIC raised $5 million via VentureCrowd's pre-IPO round, exceeding its initial target, funding Covid vaccine and cancer work, then licensed its nanocell technology to ImmunityBio.

Also SmartCompany·Techboard

Sugar-free drinks startup Nexba used crowdfunding to raise a quarter of its $6 million Series A round

Drinks brand Nexba closed a $6 million Series A, sourcing $1.5 million through VentureCrowd crowdfunding and the balance from private backers including River Capital and Gaingels, alongside other crowdfunding campaigns by Mungalli Creek Dairy and Supp.