Funding Details Type of Facility: SR&ED Financing Days to Fund: 19 Use of Funds: Millions of dollars have been invested in this company’s breakthrough treatment. To pay for significant expenses associated with certification, Venbridge provided a bridge facility to assist the company to extend its runway to commercialization. Company Background: This company is developing platform … Read more
Funding Details Type of Facility: SR&ED Financing Days to Fund: 8 Use of Funds: Being in the healthcare technology space during Covid has resulted in an unexpected acceleration of the business. Venbridge helped to company meet demand and grow revenue without equity dilution. Company Background: This company aims to disrupt digital diagnostics and therapeutics by … Read more
Funding Details Type of Facility: SR&ED Financing Days to Fund: 13 Use of Funds: With many patents, the company is transitioning from an R&D phase to commercialization. The funding helped them accelerate their go-to-market without the equity dilution for early-stage companies. Company Background: This company has developed a real-time Epaper-based writing device that allows teams … Read more
Funding Details Type of Facility: SR&ED Financing Days to Fund: 8 Use of Funds: As a majority of the development was complete the company needed to focus on sales & marketing. These funds accelerated their go to market strategy. Company Background: This company developed a valuation software that analyzes financial data to deliver value in … Read more
Funding Details Type of Facility: SR&ED Financing Days to Fund: 12 Use of Funds: Coming out of a turbulent time the company needed to quickly inject cash to ramp up sales. The funds were used for business development to leverage their clear advantage in the 5G market. Company Background: This company is a leader in … Read more
Funding Details Type of Facility: SR&ED Financing Days to Fund: 12 Use of Funds: Due to a delay in foreign investment, the company needed bridge financing. Venbridge stepped up and provided a significant credit facility to continue both R&D and business development. Company Background: This company provides cost-efficient interface solutions to optical fibre interconnects with … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 19 Use of Funds: This company has a seasonal business and therefore there are times of the year where there is little revenue but cash is needed to build inventory and other times where there is significant revenue. the SR&ED financing allowed the company to … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 6 Use of Funds: Pivoting from a service to a SaaS business can be costly. This bridge loan provided the company with the cash needed to continue to invest heavily in software development while ensuring their clients continued to receive the same great level of … Read more
Project Description Type of Facility: Bridge to equity Days to Fund: 13 Use of Funds: This company had a signed term sheet, was burning cash and needed additional funds to continue to bring on additional investors, complete due diligence, and have the lawyers have time to close the round. The company took the bridge in … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 6 Use of Funds: With small bootstrapped companies, even the slightest positive or negative impact on the P&L can put a serious strain on a company. This company was great at forecasting their cash flow. Being part of an incubator, they had resources and mentors … Read more