# VentureSouth: portfolio, investments and team

> VentureSouth is an angel network based in Seychelles. 53 investments on record, 1 in the last 12 months, latest Jan 2026.

Source: https://millionrounds.com/fund/venturesouth (Millionrounds; every figure on the page links to its filing or article)

Seychelles · [Investor](https://millionrounds.com/investors)

# VentureSouth

Last cheque observed Jan 2026; 53 cheques on record.

Deploying now New fund $580K, Jan 2024 Angel network

Seed Series A Agnostic Anti-thematic Industry-agnostic

Deploying now

**14%** of best year **1** **cheques in 12 months**, 53 on record

Since the last cheque **298** days **00** hrs **00** min **00** sec

Median round **$1.8M** Cheque size, as they say **$150K – $750K** Rounds led **1 of 53** Sole investor **16 rounds** Mostly in **United States, 100%**

Pitch VentureSouth

## VentureSouth highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Venture and Seed: 65% of its rounds
- 03 Sole investor in 16 rounds, median $1.0M

## What they do

- **Type:** Angel network (from a list, unverified)
- **Cheque size:** $150K – $750K as they say
- **Stages:** Seed Series A
- **Sectors:** Agnostic Anti-thematic Industry-agnostic
- **Based in:** Greenville, Seychelles
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **53 appearances**

- **2026** 1 round
- **Jan** **[Sharpen DTX](https://millionrounds.com/company/sharpen-dtx)** Grant · US **$25K** With 1 other
- **2025** 5 rounds
- **Sept** **[Plantd](https://millionrounds.com/company/plantd)** Series B · US **$22M** With 3 others
- **Sept** **[Trio Labs](https://millionrounds.com/company/trio-labs)** Venture · US **Undisclosed** With 2 others
- **Apr** **[Altis Biosystems](https://millionrounds.com/company/altis-biosystems)** Venture · US **$2.1M** With 3 others
- **Feb** **[mPath Health](https://millionrounds.com/company/mpath-health)** Venture · US **Undisclosed** With 1 other
- **Feb** **[Gradient Health](https://millionrounds.com/company/gradient-health)** Venture · US **Undisclosed** With 3 others
- **2024** 6 rounds
- **Oct** **[Case Status](https://millionrounds.com/company/case-status)** Series B · US **$20M** With 2 others
- **Sept** **[Emrgy](https://millionrounds.com/company/emrgy)** Grant · US **$325K** With 1 other
- **Jul** **[Reveal Mobile](https://millionrounds.com/company/reveal-mobile)** Venture · US **Undisclosed** With 1 other
- **Jun** **[Yuva Biosciences](https://millionrounds.com/company/yuva-biosciences)** Venture · US **Undisclosed** Sole investor
- **Apr** **[CureMint](https://millionrounds.com/company/curemint)** Venture · US **Undisclosed** With 2 others
- **Feb** **[6AM City](https://millionrounds.com/company/6am-city)** Venture · US **Undisclosed** With 1 other
- **2023** 11 rounds
- **Oct** **[Givebacks](https://millionrounds.com/company/givebacks)** Venture · US **Undisclosed** With 2 others
- **Aug** **[OccasionGenius](https://millionrounds.com/company/occasiongenius)** Grant · US **$75K** With 2 others
- **Aug** **[ChowCall](https://millionrounds.com/company/chowcall)** Grant · US **$75K** With 1 other
- **Jun** **[Gradient Health](https://millionrounds.com/company/gradient-health)** Seed · US **$2.8M** With 3 others
- **Jun** **[APPROVE](https://millionrounds.com/company/approve)** Seed · US **$3.0M** With 1 other
- **Jun** **[Luminoah](https://millionrounds.com/company/luminoah)** Series A · US **$6.0M** With 2 others
- **Jun** **[KWIPPED](https://millionrounds.com/company/kwipped)** Venture · US **$3.9M** Sole investor
- **May** **[Zylö Therapeutics](https://millionrounds.com/company/zylo-therapeutics)** Grant · US **$294K** With 2 others
- **May** **[KIYATEC](https://millionrounds.com/company/kiyatec)** Series C · US **$18M** Sole investor
- **Apr** **[Babylon Micro-Farms](https://millionrounds.com/company/babylon-micro-farms)** Series A · US **$8.0M** With 4 others
- **Apr** **[Seal the Seasons](https://millionrounds.com/company/seal-the-seasons)** Series A · US **$350K** With 2 others
- **2022** 5 rounds
- **Dec** **[Healthycell](https://millionrounds.com/company/healthycell)** Pre-seed · US **$2.0M** With 1 other
- **Jul** **[ProAxion](https://millionrounds.com/company/proaxion)** Seed · US **$1.7M** With 2 others
- **May** **[Baebies](https://millionrounds.com/company/baebies)** Venture · US **$38M** With 1 other
- **Mar** **[Sprockets](https://millionrounds.com/company/sprockets)** Series A · US **$10M** With 1 other
- **Feb** **[Soelect](https://millionrounds.com/company/soelect)** Series A · US **$11M** With 1 other
- **2021** 7 rounds
- **Dec** **[imagine.io](https://millionrounds.com/company/imagine-io)** Seed · US **$6.0M** Sole investor
- **Nov** **[OneDigitalTrust, Inc.](https://millionrounds.com/company/onedigitaltrust-inc)** Seed · US **$1.8M** With 2 others
- **Nov** **[Modern Matter](https://millionrounds.com/company/modern-matter)** Seed · US **$1.2M** Sole investor
- **Sept** **[Pass It Down](https://millionrounds.com/company/pass-it-down)** Seed · US **$2.0M** With 2 others
- **May** **[LUMINELLE](https://millionrounds.com/company/luminelle)** Series C **$3.5M** Sole investor
- **May** **[Nirvana Science, Inc.](https://millionrounds.com/company/nirvana-science-inc)** Venture **$867K** With 2 others
- **Feb** **[Redbud Labs](https://millionrounds.com/company/redbud-labs)** Grant **$74K** With 4 others
- **2020** 1 round
- **Dec** **[Aperiomics](https://millionrounds.com/company/aperiomics)** **$360K** With 1 other
- **2019** 3 rounds
- **Sept** **[Outdoor Access](https://millionrounds.com/company/outdoor-access)** Series A **$2.8M** With 1 other
- **Jun** **[ThreatSwitch](https://millionrounds.com/company/threatswitch)** **$668K** Sole investor
- **May** **[Kiyatec](https://millionrounds.com/company/kiyatec)** Series B · US · Biospace **$3.0M** *Led*
- **2018** 4 rounds
- **Sept** **[Ecomdash](https://millionrounds.com/company/ecomdash)** **$500K** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

CB **Charlie Banks** Manager of General Partner, VentureSouth GP, LLC i Filing they signed

LC **Leon Charles Banks** Manager of the General Partner VentureSouth Funds GP LLC i Filing they signed

ML **Mac Lackey** Manager of General Partner, VentureSouth GP, LLC i Filing they signed

MD **Matt Dunbar** Manager of General Partner, VentureSouth GP, LLC i Filing they signed

PJ **Paul Johnathan Clark** Manager of the General Partner VentureSouth Funds GP LLC i Filing they signed

RM **Raymond Matthew Dunbar** Manager of the General Partner VentureSouth Funds GP LLC i Filing they signed

We also hold **35** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**6** of 18 we have independently watched raise

[KWIPPED](https://millionrounds.com/company/kwipped)[Link opens in](https://millionrounds.com/company/6am-city)[Link opens in](https://millionrounds.com/company/altis-biosystems)[Link opens in](https://millionrounds.com/company/babylon-micro-farms)[Link opens in](https://millionrounds.com/company/baebies)[Link opens in](https://millionrounds.com/company/biospatial) Aca logo Link Ligermarketing Link opens in Link opens in Link opens in Link opens in Link opens in Link opens in Link opens in Link opens in Vicinity Ventures png Wastetodaymagazine

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$580K**

raised in Jan 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A

Median round joined **$1.8M** the round, not its cheque Alone, median **$1.0M**

Led 1 of 53 rounds **2%**

- **Said size:** $150K – $750K
- **Sole investor:** 16 rounds
- **Last cheque:** Jan 2026

Rounds by stage said on their site

- Venture *15*
- Seed said *13*
- Series A said *6*
- Grant *6*
- Series B *3*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) 10
- [NC IDEA](https://millionrounds.com/fund/nc-idea) 5
- [Virginia Innovation Partnership Corporation](https://millionrounds.com/fund/virginia-innovation-partnership-corporation) 5
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) 4
- [Techstars](https://millionrounds.com/fund/techstars) 4
- [Lighthouse Labs RVA](https://millionrounds.com/fund/lighthouse-labs-rva) 2

**Pitching VentureSouth?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as VentureSouth. A count of rooms they were both in, not a relationship either has claimed.

[**Triangle Tweener Fund** VC firm **10** rounds together](https://millionrounds.com/fund/triangle-tweener-fund)[**NC IDEA** VC firm **5** rounds together](https://millionrounds.com/fund/nc-idea)[**Virginia Innovation Partnership Corporation** VC firm **5** rounds together](https://millionrounds.com/fund/virginia-innovation-partnership-corporation)[**National Science Foundation** Government **4** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**Techstars** VC firm **4** rounds together](https://millionrounds.com/fund/techstars)[**Lighthouse Labs RVA** Accelerator **2** rounds together](https://millionrounds.com/fund/lighthouse-labs-rva)[**North Carolina Biotechnology Center** Government **2** rounds together](https://millionrounds.com/fund/north-carolina-bio)[**SC Launch** VC firm **2** rounds together](https://millionrounds.com/fund/sc-launch)[**Wavemaker Three-Sixty Health** VC firm **2** rounds together](https://millionrounds.com/fund/wavemaker-three-sixty-health)

## Recently backed

The latest companies VentureSouth put money into.

[**Sharpen DTX** $25K · Jan 2026](https://millionrounds.com/company/sharpen-dtx)[**Plantd** $22M · Sept 2025](https://millionrounds.com/company/plantd)[**Trio Labs** Sept 2025](https://millionrounds.com/company/trio-labs)[**Altis Biosystems** $2.1M · Apr 2025](https://millionrounds.com/company/altis-biosystems)[**mPath Health** Feb 2025](https://millionrounds.com/company/mpath-health)[**Gradient Health** Feb 2025](https://millionrounds.com/company/gradient-health)

## Quick answers about VentureSouth

### What does VentureSouth invest in?

VentureSouth invests most often at Venture and Seed (65% of the rounds on record), in sectors such as Agnostic, Anti-thematic and Industry-agnostic.

### How active is VentureSouth?

53 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Jan 2026.

### What has VentureSouth invested in recently?

Its most recent investments on record: Sharpen DTX (Grant, Jan 2026), Plantd (Series B, Sept 2025) and Trio Labs (Venture, Sept 2025).

### How big are VentureSouth's cheques?

The median round it joins is $1.8M. It says it writes cheques of $150K to $750K.

### Does VentureSouth lead rounds?

Sometimes: it led 1 of its 53 investments on record (2%).

### Where does VentureSouth invest?

Most of the companies it backs are in the United States (100%).

### Is VentureSouth investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does VentureSouth invest alongside?

Most often Triangle Tweener Fund (10 rounds together), NC IDEA (5 rounds together) and Virginia Innovation Partnership Corporation (5 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=venturesouth) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=venturesouth)