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Adveritas Raises $8.5M to Accelerate US Expansion and AI Product Growth
9:44am on Thursday 19th of June, 2025 AEST
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Technology
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Adveritas Raises $8.5M to Accelerate US Expansion and AI Product Growth
9:44am on Thursday 19th of June, 2025 AEST
Key Points
Raised $8.5 million via placement at $0.10 per share
Placement oversubscribed by existing and new institutional investors
Funds to support US expansion and entry into e-commerce verticals
Significant premium to prior capital raise price in May 2024
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