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Echo IQ Raises $17.3m to Fast-Track EchoSolv AI US Launch

3:05am on Monday 2nd of June, 2025 AEST Healthcare
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Echo IQ Raises $17.3m to Fast-Track EchoSolv AI US Launch

3:05am on Monday 2nd of June, 2025 AEST
Key Points
  • Raised $17.3 million at $0.30 per share via institutional placement
  • Funds to support US commercialization of EchoSolv AS and HF
  • FDA approval process for EchoSolv HF targeted for late 2025
  • Strong investor demand including director participation
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