leX plans to raise $1.2M in capital rising

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Digital health company ableX will launch a capital raising in the week of July 31 to fund growth and expansion of its cloud-based rehabilitation system.

The company is aiming to raise $1.2 million in the capital raising being run by Snowball Effect. It will target investors in New Zealand but will also look to capture global investors. Current investors include CureKids Ventures and New Zealand Venture Investment Fund, which hold 10.9 percent and 11.8 percent respectively.

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