Financing Description

Location: Ontario
Amount Financed: >$250k
Type of Facility: SR&ED Financing
Days to Fund: 12

Use of Funds: Developing biopharmaceuticals requires deep pockets and patients.  After selling solutions to governments and corporations around the world, the company needed additional funding to invest even more heavily in R&D.  The SR&ED loan was provided in multiple disbursements to meet their cash flow needs.

Agritech Company financed by Venbridge

Company Background:  This biopharmaceutical company focuses on the development and production of antibody and protein drugs – with the goal of making them faster and more cost effective.