Alterg Raises $8 Million To Fund Growth

AlterG, creator of the Anti-Gravity Treadmill® technology which has set the standard for body weight-supported therapy and training by using patented and precise Differential Air Pressure (DAP), announced today that it raised $8 million in a new debt financing with Cortland Credit Lending Corporation. This financing will be used to pay-off existing debt with the remaining proceeds available to accelerate growth initiatives and working capital purposes, including new product development and expansion into new markets, as well as broadened adoption in rehabilitation and elite athletics.