Runway Growth Capital LLC Hires Shayna Modarresi as Managing Director, to Focus on Technology Investing Founder of Lodestar Ventures Joins Runway s Origination Team
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WOODSIDE, Calif., May 4, 2021 /PRNewswire/
Runway Growth Capital LLC ( Runway ), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, announced today that it has hired Shayna Modarresi as a Managing Director. Modarresi, who will focus on investments in the technology sector, will be based in Runway s Silicon Valley office and report to Mark Donnelly, Managing Director, Head of Origination.
Runway Growth Credit Fund Provides First Quarter 2021 Portfolio Update
- $53.3 Million in Funded Loans
- Total Loan and Investment Originations Since Inception Grows To $922.7 Million and $822.8 million in Funded Investments
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WOODSIDE, Calif., April 14, 2021 /PRNewswire/ Runway Growth Credit Fund Inc. (the Fund or Runway Growth ), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, provided an operational and portfolio update for the first quarter ended March 31, 2021. Investment activity continued at pace during the first quarter. We completed $53.3 million in loans to and other investments in new and existing portfolio companies during the first quarter. We are seeing strong interest in our life sciences vertical and demand for growth loans in the technology sector is increasing, said Runway Growth CEO, David Spreng. In a year challenged by
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Runway Growth Capital Announces a Senior Secured Term Loan of $25 Million to Allurion Technologies Runway to Provide Growth Capital to Fuel Allurion s Global Expansion
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WOODSIDE, Calif., April 6, 2021 /PRNewswire/
Runway Growth Capital LLC ( Runway ), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, announced today the close of a senior secured term loan of $25 million to
Allurion Technologies, a pioneering leader in the development of innovative, scalable and trusted weight loss experiences. The growth capital is expected to be used to fuel Allurion s global expansion.
Georgia Bio Awards 2021 Golden Helix to VERO Biotech for Best Deal of the Year
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VERO Biotech LLC, an
Atlanta, Georgia-based biotechnology company focused on saving lives, alleviating suffering, and improving the health economics of care, today announced that the company was awarded the coveted Golden Helix Best Deal of the Year Award for 2021 by
Georgia Bio, the state s life science trade association.
VERO Biotech was recognized in the category of Private Financing, in a virtual awards ceremony last night.
Georgia Bio Awards 2021 Golden Helix to
VERO Biotech for Best Deal of the Year
The Golden Helix Awards celebrate the contributions and achievements of Georgia legislative, academic, corporate and other organizational leaders working to advance the growth of the life sciences industry and foster strategic partnerships that can create a healthier world. The event is expected to draw 300 of the state s life sciences industry leaders.