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Visionflex Secures $7.2M Funding, Extends Cash Runway Despite Operating Outflows

9:13am on Thursday 30th of January, 2025 AEDT Healthcare
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Visionflex Secures $7.2M Funding, Extends Cash Runway Despite Operating Outflows

9:13am on Thursday 30th of January, 2025 AEDT
Key Points
  • Operating cash flow negative $492K for the quarter
  • Total available funding of $7.243 million including cash and unused facilities
  • Convertible note facilities drawn down by $1 million during the quarter
  • Cash and equivalents steady at $2.428 million
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