Investment Banking
Healthcare & Life Sciences

Femasys Secures Term Loan Facility from Silicon Valley Bank

Published on
July 9, 2015

Summary

ATLANTA, July 9, 2015 /PRNewswire/ -- Femasys Inc., a developer of innovative medical devices for the women's healthcare market, announced today that it has secured a term loan facility from Silicon Valley Bank.  Under the loan facility, the company received initial funding and a conditional option to receive additional funding.  The Company will use the funds for working capital as it supports the advancement of its groundbreaking non-surgical female sterilization device.

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