Avante Capital Partners announced that it expects to receive $40 million in funding from Pacific Current Group Limited

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Avante Capital Partners announced that it expects to receive $40 million in funding from Pacific Current Group LimitedAvante Capital Partners has announced that it will receive $40 million on September 19, 2023. The company definitive agreement to purchase a minority equity stake in the transaction. The transaction included participation from new investor Pacific Current Group Limited for 24.9% stake. The company will receive $13m paid one year after closing, and up to an additional US$12 million subject to growth milestones. The transaction is expected to close by end of September if all condition satisfied.

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