logo
logo

Horizon Technology Finance Provides $20 Million Venture Loan Facility to Magnolia Medical Technologies

Horizon Technology Finance Provides $20 Million Venture Loan Facility to Magnolia Medical Technologies

05/26/20, 8:23 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgfarmington
Money raised
$20 million
 Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading 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, announced today that on May 6, 2020 it provided a $20 million venture loan facility to Magnolia Medical Technologies, Inc. ("Magnolia").

Company Info

Company
Horizon Technology Finance
Location
farmington, minnesota, united states
Additional Info
Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading 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. The investment objective of Horizon is to maximize its investment portfolio's return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Headquartered in Farmington, Connecticut, Horizon also has regional offices in Pleasanton, California and Reston, Virginia. To learn more, please visit www.horizontechfinance.com.  

Related People