--News Direct--
Nextech3D.AI CEO Evan Gappelberg joined Steve Darling from Proactive to share news the company has received an initial $2 million infusion without share dilution by doing a deal with fintech firm Ratio Technology and its $400 million credit fund.
Gappelberg telling Proactive the $2 million in cash was paid against future invoices that the company has contracts for but has not yet been paid. It feels this new access to non-dilutive capital on these long-dated purchase orders will enhance its financial flexibility. The company's strong customer contracts, including blue-chip clients like Amazon and Kohl's, contribute to its ability to secure long-dated contracts and attract substantial funding.
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Proactive Investors Canada
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View source version on newsdirect.com: https://newsdirect.com/news/nextech3d-ai-adds-2-million-in-growth-capital-cash-from-fintech-firm-ratio-technology-170147060
