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Australian VC firm investigates pharmacy tech startup over financial discrepancies
Sydney-based venture capital firm EVP is investigating financial discrepancies at pharmacy software company StrongRoom AI, following its recent US$17 million capital raise that valued the firm at nearly US$70 million. Legal and forensic accounting professionals have been engaged to scrutinize StrongRoom AI's financial records, with the situation escalated to law enforcement due to identified "financial misrepresentations." EVP is actively seeking to recover its investment.
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