Nexba to take sugar-free IP into new verticals after over-funded $4m raise

 Sugar-free soft drink pioneer Nexba is looking to grow beyond beverages after bagging at least $3.96 million in an over-funded and ongoing equity crowdfunding round, which smashed the minimum target by almost eight-fold.

Facilitated on equity crowdfunding platform VentureCrowd, the nearly $4 million raise makes up the first tranche of an approximately $9 million Series B according to Nexba co-founder Troy Douglas.

Speaking to Business News Australia, the co-founder said the funds will facilitate the expansion of Nexba’s new business called Goodsweet Group - a vehicle for the company’s proprietary and patented natural sweetener blend.

Read More: https://www.businessnewsaustralia.com/articles/nexba-to-take-sugar-free-ip-into-new-verticals-following-over-funded--4m-raise.html



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