ASIC halts crowdfunding campaign for Hirehood amid share type concerns

- June 13, 2024 2 MIN READ

Corporate regulator the Australian Securities and Investment Commission (ASIC) has issued its first interim stop order over a crowd-sourced funding (CSF) campaign. ASIC intervened in the raise for Hirehood, an hire marketplace for holiday items such as surfboards, bikes and baby equipment, on the VentureCrowd platform. The regulator’s concern is over the structure of shares… Read more »

Steve Maarbani - VentureCrowd

Australian investors deserve access to revolutionary startups and ventures

- January 23, 2024 4 MIN READ

Last week, the Federal Government revealed plans to raise qualifications for sophisticated investors. Investors would now need $4.5 million or more in assets, or to earn more than $450,000 for two consecutive years to be able to access certain types of investment opportunities such as venture capital. Under existing rules, a sophisticated investor qualifies as… Read more »

Steve Maarbani

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

- February 11, 2022 2 MIN READ

Equity crowdfunding platform VentureCrowd has raised $10 million in a Series A. As well as $6.6 million from existing investors, the company used its own platform to raise an additional $3.9 million from new investors. The funds are earmarked to further develop VentureCrowd’s technology platform, scale its retail product offering in venture capital, property, private credit… Read more »

R&D, science, man looking in microscope

Sydney biotech raises $5 million with Covid vaccine plan

- December 3, 2021 2 MIN READ

Biotech startup EnGeneIC, has raised $5 million on the VentureCrowd platform in a pre-IPO round, ahead of plans for a NASDAQ listing in Q2 2022. News of positive results for Covid-19 nanocellular vaccine pre-clinical animal studies, saw that figure jump five-fold. The startup has develop proprietary nanocell technology, which they’ve called EDV, which is predominantly… Read more »

Steve Maarbani

Crowd-sourced funding platform VentureCrowd launches JV with Josephmark

- October 7, 2021 2 MIN READ

Equity crowd-sourced funding (CSF) platform VentureCrowd and digital venture studio Josephmark have launched a joint-venture to help early-stage Australian startups accelerate their scaling plans. The new project will offer growth services to early-stage startup founders from Josephmark’s brand, product, growth, and venture strategy and rollout services through to investment support and fundraising via the VentureCrowd… Read more »