Trinity Capital Inc. Provides $15M In Growth Capital To Velentium, A Professional Engineering Firm That Specializes In The Design And Manufacture Of Innovative Medical Devices
Portfolio Pulse from Benzinga Newsdesk
Trinity Capital Inc. (NASDAQ:TRIN) has committed $15 million in growth capital to Velentium, a professional engineering firm specializing in innovative medical devices. Velentium, based in Houston, focuses on the design, development, and manufacture of active implantable and wearable medical devices.
July 15, 2024 | 12:32 pm
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Trinity Capital Inc. has committed $15 million in growth capital to Velentium, enhancing its portfolio and supporting the growth of innovative medical devices.
The $15 million commitment to Velentium is a strategic move for Trinity Capital Inc., likely to enhance its portfolio and support the growth of a company in the innovative medical device sector. This could positively impact TRIN's stock price in the short term.
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