Square 1 Provides $1.75M in Debt Financing for BioSurplus
December 20, 2012
After closing a $2.5 million Series A round in June of this year, BioSurplus has secured an additional $1.75 million in debt financing from Square 1 Bank. The company provides equipment management solutions and pre-owned scientific instruments for the life sciences industry. Proceeds from the loan will go toward expansion and to repay existing loans.