Mark my words: the first 1-person unicorn company is launching soon. This unprecedented feat will only be made possible by the transformative power of AI. For startups and small businesses, every dollar and every hour counts. You have limited resources compared to larger competitors, making any productivity or efficiency gain all the more significant. This… Read more »
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 »
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 »
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 »
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 »
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 »
Atlassian had a kick-arse quarter and is now generating more than $8 billion in annual revenue 
AirTrunk billionaire Robin Khuda’s exit leads to $100 million donation backing women in STEM 
Kiwi VC powerhouse Icehouse Ventures closes NZ$122 million Growth Fund II 
Westpac invests $10 million in Lawpath to offer customers legal services 
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