Horizon Technology Finance Provides $15 Million Venture Loan Facility to Alula
Dec 30, 2020•over 4 years ago
Amount Raised
$15 Million
Description
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 it has funded $13 million of a $15 million venture loan facility to Alula Holdings, LLC ("Alula"), which facility will refinance existing debt as well as provide general working capital.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech