Addi Announces $85 Million Series D Led by Citius and Co-led by BTG Pactual

Addi announced a $85 million Series D equity raise led by Citius and co-led by BTG Pactual, with participation from GIC and Monashees. The sizable funding rounds signal strong investor appetite and should support expansion/scale efforts, but it is unlikely to materially move public markets.

Analysis

Addi announced a $85 million Series D equity raise led by Citius and co-led by BTG Pactual, with participation from GIC and Monashees. The sizable funding rounds signal strong investor appetite and should support expansion/scale efforts, but it is unlikely to materially move public markets.