Horizon Technology Finance announced that it issued a $20 million venture loan facility to blood culture collection device maker Magnolia Medical. According to a news release, Horizon provided the loan facility to Magnolia on May 6 to support its FDA-cleared Steripath device for preventing the contamination of blood cultures upon collection. “Magnolia’s Steripath device has […]
PixelOptics Inc. raised $45 million to support the commercialization and launch of what the company calls the "world’s first electronic focusing" eyeglasses.
Wayne, Pa.-based holding company Safeguard Scientifics Inc. (NYSE:SFE) led the round, ponying up $25 million for equity in the company, the companies said.