Nextech3D.AI CEO Evan Gappelberg joined Proactive to discuss the Company has added 2 million dollars in cash to the bottom line without share dilution by doing a deal with FinTech Ratio Tech and its 400 million dollar credit fund.
Gappelberg told Proactive the 2 million in cash was paid against future invoices that the Company has contracts for but has not yet been paid. The company feels this new access to non-dilutive capital on these long-dated purchase orders will enhance Nextech3D.ai’s financial flexibility.