Horizon Technology Finance, an affiliate of Monroe Capital, provided a $35 million venture loan facility to Mirantis, of which $20 million was initially funded. Mirantis will use the loan proceeds for general growth and working capital.
Horizon Technology Finance provided a $40 million venture loan facility to Elligo Health Research, of which $25 million was initially funded.
Horizon Technology Finance Management hired Paul A. D’Agrosa as vice president of business development. D’Agrosa was previously with Silicon Valley Bank, where he led relationship management efforts among life sciences businesses in the Southwest.
Horizon Technology Finance provided a $15 million venture loan facility to Tallac Therapeutics, of which $5 million was initially funded. Tallac will use the loan proceeds for general growth and working capital purposes.
Horizon Technology Finance provided a $20 million venture loan facility to Viken Detection, of which $10 million was initially funded.
Horizon Technology Finance provided a $30 million venture loan facility to SafelyYou, a developer of a remote care platform that combines real-time artificial intelligence video technology with a 24/7 remote clinical team, with $10 million of the facility initially funded.
Evelo Biosciences, a clinical stage biotechnology company, entered into a senior secured loan agreement with Horizon Technology Finance Corporation. The $45 million term loan replaces the company’s existing senior secured debt.
Horizon Technology Finance, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services and sustainability industries, provided a venture loan facility to Groundspeed Analytics.
Horizon Technology Finance provided a $17 million venture loan facility to Robin Healthcare, of which $7 million has been initially funded.
Horizon Technology Finance provided $30 million to Kodiak Robotics in the form of a growth capital credit facility.