Respiri Limited (AU:RSH) has released an update.
Respiri Limited, an eHealth SaaS company, has successfully raised $3 million from professional investors to support its respiratory healthcare management platform and remote patient monitoring (RPM) in the USA. This capital raise aligns with its recent business progress in the USA and signifies strong investor confidence in the company’s strategic vision. The funds will be channeled towards the company’s U.S. commercialization efforts, aiming for a cashflow breakeven by late 2024.
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