July 30, 2019

Upstream closes NZ$2.3m financing

Upstream announces the close of a convertible note round that sought a minimum of NZ$1.2m and a target of NZ$1.8m led by Pacific Channel.

Upstream was overwhelmed by the response and received investments totalling NZ$2,243,000, representing oversubscriptions of NZ$443,000. Funds raised in the convertible note will be used to continue validation and development of Upstream tests to detect those at risk of heart attack, to progress work on preparing for future clinical studies.