Spineology receives $15M venture loan

Spineology received a $15 million venture loan, and the move was led by Horizon Technology Finance Corp., according to a Sept. 20 news release.

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By: Carly Behm

The loan proceeds will be used for Spineology’s general working capital. Horizon funded $5 million of the initial $10 million draw, and a private investment vehicle funded $5 million.

Spineology is known for its proprietary OptiMesh technology, which provides support for spinal fusions.

 

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