“The proceeds raised from the capital call will be used to strengthen the Company’s balance sheet and is intended to support ongoing efforts to commercialize the company’s groundbreaking Akida technology, said Brainchip Founder and CEO Peter van der Made. “Proceeds will also be used to strengthen the sales & marketing team in anticipation of the launch of Akida later this year, as well as increased focus on customer engagement and investor relations activities in Australia, the US and Europe”
Ann: Capital Call with LDA, page-4
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