Horizon Technology Finance and Silicon Valley Bank Provide $20 Million Venture Loan Facility for Canary Medical

NEWS PROVIDED BY Horizon Technology Finance Corporation
Jan 04, 2021, 16:15 ET

FARMINGTON, Conn., Jan. 4, 2021 /PRNewswire/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, along with lending partner, Silicon Valley Bank (“SVB”), a provider of financial solutions for growth-oriented companies, announced today that on December 31, 2020 they provided a $20 million venture loan facility to Canary Medical, Inc. (“Canary Medical”), a medical data company improving healthcare outcomes with its proprietary smart medical devices.

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