One region’s top-funded startups closes $7M loan from Silicon Valley Bank
One of Greater Cincinnati’s best-funded startups has secured a $7 million debt facility from a stalwart in the venture capital community to help accelerate its commercial efforts.
Rapidly growing Blue Ash-based Standard Bariatrics, which is developing medical devices for the surgical treatment of obesity, said Monday it closed a debt facility with Silicon Valley Bank, effective April 27.
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Story excerpt provided by Cincy Inno.
Written by Liz Engel.
Originally published May 9, 2022.
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