Trinity Capital Inc. Provides $30M Growth Capital To Revelle Aesthetics
Portfolio Pulse from Happy Mohamed
Trinity Capital Inc. (NASDAQ:TRIN) has committed $30 million in growth capital to Revelle Aesthetics, a company developing aesthetic solutions for women. Revelle's FDA-cleared device, Avéli, is designed for long-term reduction in the appearance of cellulite. The investment will support Revelle's growth, expansion, and marketing initiatives.
June 01, 2023 | 8:24 pm
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Trinity Capital Inc. (TRIN) invests $30 million in Revelle Aesthetics, supporting the growth and expansion of the company's aesthetic solutions for women.
Trinity Capital's investment in Revelle Aesthetics demonstrates its commitment to supporting growth-stage companies. The $30 million investment will help Revelle expand its operations, penetrate the market, and drive sales. This partnership is likely to have a positive short-term impact on TRIN's stock price as it showcases the company's strategic investments in high-potential sectors.
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