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Kalytix

Coverage

Stories naming Kalytix. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Unnamed stage $17m

StrongRoom sells for $3 million – and now the games begin

Healthtech firm StrongRoom AI sold to pharmacy operator Joe Zhou for $3 million via administrators, while backer EVP litigates to recoup $10.4 million after the startup's collapse following a March raise.

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2 deals

After investing $10.4 million, EVP claims StrongRoom AI's CEO and cofounder admitted to fraud with fake revenue numbers

EVP alleges StrongRoom AI's CEO admitted fabricated revenue and debt figures after the Sydney VC invested $10.4m in a $17m raise; the Melbourne startup is now in administration with assets frozen.

Unnamed stage $17m

Strong Room AI's administrators press ahead with sale amid court battle over $10 million

Strong Room AI, a Melbourne medicines-management startup, is in voluntary administration weeks after a February raise; investor EVP's court action froze assets while administrators seek a buyer and creditors meet on April 8.

2 deals

‘The investor’s role is to build, not to destroy’: StrongRoom AI’s Seed backer takes aim at EVP amid pending legal battle over $10.4 million

Tyson & Blake, which seeded StrongRoom AI, threatens legal action against EVP, which is suing to recover its $10.4 million after the Melbourne medtech entered administration.

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