HRZN - Horizon Technology Finance announces $10M venture loan to Aerobiotix
Horizon Technology Finance (NASDAQ:HRZN) closed a $10M venture loan facility to Aerobiotix. HRZN funded $5M and a private investment vehicle managed by Horizon Technology Finance Management, Horizon's adviser, funded $5M. Prominent investors in Aerobiotix include Vivo Capital and Asahi Kasei Corporate Venture Capital, and Aerobiotix will use the loan proceeds for general growth and working capital purposes. Aerobiotix manufactures air disinfection systems for medical, healthcare and community facilities that eliminate airborne pathogens to optimize indoor air quality.
For further details see:
Horizon Technology Finance announces $10M venture loan to Aerobiotix