Ascension Ventures was among the existing investors in a round in which Horizon Technology Finance put up $6m of equity financing and $15m of debt.
US-based cryotherapy technology developer CSA Medical has secured $23m in debt and equity financing from investors including Ascension Ventures, the corporate venturing unit set up by healthcare provider Ascension Health.
Specialty finance provider Horizon Technology Finance supplied a $15m venture loan facility as well as $6m of the $8m equity portion, which included venture capital firm SV Health Investors and VC fund Intersouth Partners as well as Ascension.
CSA is developing cryotherapy systems which utilise liquid nitrogen spray delivered by…
