Surmodics Announces New Credit Facilities Providing Up To $125 Million In Financing
Round Type
Debt Financing
Eden PrairieManufacturingBiotechnologyHealth CareMedicalMedical DeviceDescription
Surmodics, Inc. (Nasdaq: SRDX), a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, today announced that it has entered into a new, five-year credit agreement with MidCap Financial (“MidCap”), comprised of up to $100 million in term loans and a $25 million revolving credit facility.
Quick answer
Surmodics raised an undisclosed amount in a Debt Financing round, dated October 17, 2022. Surmodics is based in Eden Prairie, Minnesota, United States.
- How much did Surmodics raise?
- Surmodics raised an undisclosed amount in a Debt Financing round on October 17, 2022.
- What does Surmodics do?
- Surmodics is a leading provider of surface modification technologies for intravascular medical devices and chemical components for in vitro diagnostic immunoassay tests and microarrays.
- Where is Surmodics based and how big is it?
- Surmodics is based in Eden Prairie, Minnesota, United States.
Source: Fundz verified event record.
Who else raised in Medical and Medical Device around the same time
Companies in the same sectors as Surmodics that raised within 45 days of this round, from Fundz verified event records.
- MedX Health raised an undisclosed amount (Convertible Note) on November 18, 2022.
- Biocoat raised an undisclosed amount on November 2, 2022.
- Nusano raised $10M on November 1, 2022.
- Monteris Medical raised $73M (Debt Financing) on October 27, 2022.
- OSSIO raised an undisclosed amount (Series C) on October 17, 2022.
- Xtant Medical Holdings raised $9.8M on October 11, 2022.
Who to call at Surmodics, and when
A new round usually means Surmodics is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Surmodics raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Surmodics, from your own LinkedIn network
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Surmodics 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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