Trinity Capital Inc. Provides $45M Growth Capital To Neurolens, A Company Commercializing Innovative Solutions To Optimize Vision
Portfolio Pulse from Benzinga Newsdesk
Trinity Capital Inc. (NASDAQ:TRIN) has committed $45 million in growth capital to Neurolens, a company that provides innovative prescription lenses to treat headaches, neck and shoulder pain, and eyestrain caused by eye misalignment. Neurolens recently launched the N3, a device for eyecare providers to measure eye misalignment accurately. The investment is expected to support Neurolens's operational growth and promote the adoption of the N3 device in optometry practices in the US and Canada.
December 05, 2023 | 2:11 pm
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Trinity Capital Inc. has provided $45 million in growth capital to Neurolens, which is expected to enhance Neurolens's operations and increase the adoption of their N3 device.
The investment in Neurolens signifies Trinity's active role in supporting innovative health solutions, which could be seen positively by investors. The capital infusion is likely to facilitate Neurolens's growth, potentially leading to future returns on Trinity's investment. This news could be perceived as a strategic move by Trinity, thus having a positive short-term impact on TRIN's stock price.
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