Horizon Technology Finance provided an $8 million venture loan facility to food technology company Clara Foods. Of the total loan, $5 million was initially funded.
Horizon Technology Finance provided a $5 million venture loan to Corinth MedTech, a medical device company that recently developed the Veloxion System, an FDA-cleared device for treating symptoms related to benign prostatic hyperplasia.
Horizon Technology Finance and Emalex Biosciences announced a $15 million venture loan facility to advance Emalex’s development programs through clinical trials.
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 cleantech industries, has provided a $20 million venture loan facility to Encore Dermatology, of which $15 million has been initially funded.
Catasys entered into a $10 million financing comprised of a $2.5 million receivable facility with Heritage Bank of Commerce and a four-year, $7.5 million term loan with Horizon Technology Finance.
Overture Networks secured a $10 million venture loan with Horizon Technology Finance. The new facility follows a recently announced $8 million equity investment.