EVP claims StrongRoom AI founder admitted to fraud, faked accounts

One of StrongRoom AI’s biggest investors alleges the start-up’s founder admitted to fraud and faked information to win a government research grant, while a director used its accounts to pay for a trip to Morocco.

EVP has taken the Melbourne-headquartered pharmacy software start-up to the Federal Court in the hope of recovering $10.4 million it invested last month in a fundraising round that valued the company at $70 million.

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