Spark Venture Funding - Risk and return review
Spark Venture Funding – Platform statistics 2026
13000
investors
Spark Venture Funding – Pros & Cons
About Spark Venture Funding
What it is
Spark Venture Funding, formerly Spark Crowdfunding, is an Irish equity crowdfunding platform. It raises money for Irish startups and growth companies, mostly in medical technology and deep tech, and many of its offers qualify for Ireland's Employment Investment Incentive Scheme (EIIS), which gives income tax relief. Recent funded rounds include Altach Biomedical, EUR 2,752,882 for 21.26% of its shares, and OncoAssure, EUR 1,642,116 for 13.69% (as shown on 1 November 2026).
How it works
You choose a company, review its pitch and buy shares, usually from EUR 100 depending on the campaign. After a round closes successfully, the company issues the shares, normally to a nominee that holds them for you, and you follow the company through an investor dashboard. Several companies have come back for a second round, such as Binarii Labs, Altach Biomedical and Provasctec.
Returns
No return figure is published. Spark shows no exits, valuations or portfolio results, and says returns vary with each company and may come from dividends or a sale or stock market listing. The main selling point is the EIIS tax relief, which the platform describes as up to 50% on many campaigns; the relief is not guaranteed and can be lost if the company or your circumstances change.
Losses and defaults
No figure is published on companies that have failed or been written off. The platform warns that startup investments are high risk and that you may lose some or all of your money.
What secures your money
Shares are not secured. You buy ordinary shares in a young company, usually held for you by an independent nominee company, which is the legal owner on the share register while you keep the benefit. There is no guarantee, buyback or reserve fund. If a company goes into liquidation, shareholders are paid last, after creditors, and the platform says that in most cases you would lose your entire investment. The protections are the platform's checks on each company, the information it must give under the European crowdfunding rules, and the nominee structure, which keeps your shares apart from the platform's own assets. Spark publishes no figures on how many of its companies have failed.
Who runs it and its licence
Spark Venture Funding is the trading name of Slua Ventures Limited (company number 626553, 13 Adelaide Road, Dublin). The Central Bank of Ireland authorises it as a crowdfunding service provider under the European crowdfunding rules; its pages do not show the licence number.
Fees
Investors pay no commission when they invest: the investor terms say 100% of the amount invested buys shares in the company. The companies raising money pay fees and commissions to the platform.
Getting your money out
Shares in private companies are hard to sell. There is no secondary market on the platform and no guaranteed way to sell before a sale or listing of the company; trades between investors may sometimes be possible under the company's rules. Plan to hold for many years.
Our view
Return: not rated, because Spark publishes no exits or return figures. Risk: High (higher means more risk), because failures are not shown, so investors cannot see how often money is lost in its companies. Risk-return: Low, as no exits are shown to set against that risk.
Regulation
License / Regulation: Spark Venture Funding is the trading name of Slua Ventures Limited (company number 626553, Dublin), authorised and regulated by the Central Bank of Ireland as a crowdfunding service provider under Regulation (EU) 2020/1503. The licence number is not shown on its pages. No deposit guarantee or investor compensation scheme covers the investments.
Functionality
For Investors
Spark Venture Funding - Articles
Useful Information
The platform now trades as Spark Venture Funding at sparkventurefunding.com; it was formerly Spark Crowdfunding. It is run by Slua Ventures Limited and authorised by the Central Bank of Ireland.
Yes. The Central Bank of Ireland authorises it as a crowdfunding service provider under the European crowdfunding rules. Its pages do not show the licence number.
The payment provider is not named on the public pages. Your shares are usually held by an independent nominee company, which is the legal owner while you keep the benefit.
It varies by campaign but typically starts from EUR 100.
None are published. Spark shows no exits, valuations or failed companies, so past results cannot be checked.
Nothing. Shares are not secured, and if a company fails you would in most cases lose your entire investment.
Usually not. There is no guaranteed market before a sale or listing of the company, though trades between investors may sometimes be possible under the company's rules.
No commission when you invest: 100% of your money buys shares. The companies pay the platform's fees.
Many campaigns may qualify for Ireland's Employment Investment Incentive Scheme, which gives income tax relief. The relief is not guaranteed and can be lost; check your position with a tax adviser.