StockTake: AdAlta subsidiary AdCella secures funding boost

AdAlta (ASX:1AD) has built on a deal with SYNthesis BioVentures Fund One, which plans to invest $500,000 in seed funding for its subsidiary AdCella, with a total commitment of up to $2 million.

It means AdCella now won’t rely on further capital from AdAlta and it will also secure AdCella’s initial asset portfolio.

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This video was developed in collaboration with AdAlta, a Stockhead advertiser at the time of publishing.

This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.