Senseonics Holdings, Inc. Enters Into $50 Million Loan Facility With Hercules Capital
Amount Raised
$50 Million
Round Type
Debt Financing
GermantownManufacturingBiotechnologyHealth CareMedical DeviceInvestors
Description
Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced that it has entered into a $50 million loan facility with Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”). The company also announced it drew down $25 million upon the transaction closing.
Quick answer
Senseonics raised $50 Million in a Debt Financing round, dated September 11, 2023. Investors: Hercules Capital. Senseonics is based in Germantown, Maryland, United States.
- How much did Senseonics raise?
- Senseonics raised $50 Million in a Debt Financing round on September 11, 2023.
- Who invested in Senseonics?
- Hercules Capital is named as investors in this round.
- What does Senseonics do?
- Senseonics, Inc. is a medical device startup company in Germantown, Maryland, USA (near Washington, DC) developing transformative glucose monitoring products that are intended to enable people with diabetes to..
- Where is Senseonics based and how big is it?
- Senseonics is based in Germantown, Maryland, United States. Fundz records about 146 employees.
- Who are the decision-makers at Senseonics?
- Fundz holds 2 contacts at Senseonics, including the Media Contact. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Medical Device and Manufacturing around the same time
Companies in the same sectors as Senseonics that raised within 45 days of this round, from Fundz verified event records.
- Planatome raised $6M on October 25, 2023.
- VitaTek raised an undisclosed amount (Series A) on October 22, 2023.
- OssDsign raised $16M (Funding Round) on September 27, 2023.
- CMR Surgical raised $165M (Funding Round) on September 22, 2023.
- CMR Surgical raised $165M (Funding Round) on September 21, 2023.
- ENvue Medical, Inc. raised $14M on August 30, 2023.
Who to call at Senseonics, and when
A new round usually means Senseonics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Senseonics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Senseonics, from your own LinkedIn network
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Related People
Senseonics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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