Iveric Bio Announces Agreement For Up To $250 Million In Non-Dilutive Debt Financing With Hercules Capital And Silicon Valley Bank
Round Type
Debt Financing
ParsippanyBiotechnologyHealth CareTherapeuticsDescription
IVERIC bio, Inc. (Nasdaq: ISEE) announced today that it has entered into a term loan debt financing facility with Hercules Capital, Inc. (NYSE: HTGC) and Silicon Valley Bank providing the Company with total borrowing capacity of up to $250 million in non-dilutive debt financing.
Quick answer
Iveric Bio raised an undisclosed amount in a Debt Financing round, dated July 26, 2022. Iveric Bio is based in Parsippany, New Jersey, United States.
- How much did Iveric Bio raise?
- Iveric Bio raised an undisclosed amount in a Debt Financing round on July 26, 2022.
- What does Iveric Bio do?
- Iveric Bio is a science-driven biopharmaceutical company focused on the discovery and development of novel treatments for retinal diseases with significant unmet medical needs.
- Where is Iveric Bio based and how big is it?
- Iveric Bio is based in Parsippany, New Jersey, United States.
Source: Fundz verified event record.
Who else raised in Therapeutics and Biotechnology around the same time
Companies in the same sectors as Iveric Bio that raised within 45 days of this round, from Fundz verified event records.
- Photys Therapeutics raised $75M (Series A) on September 8, 2022.
- Autobahn Therapeutics raised an undisclosed amount (Funding Round) on September 8, 2022.
- Inherent Biosciences raised an undisclosed amount (Series A) on September 7, 2022.
- SpringWorks raised $225M (Post-IPO Equity) on September 7, 2022.
- Pleco Therapeutics raised $19M (Series A) on September 6, 2022.
- Arsenal Biosciences raised $220M (Series B) on September 6, 2022.
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