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.