Horizon Technology Finance provides $40 million loan facility to Hyperfine

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Go back to Horizon Technology Finance provides $40 million loan facility to Hyperfine

Horizon Technology Finance Provides $40 Million Loan Facility to Hyperfine

March 23, 2026 8:00 AM EDT

FARMINGTON, Conn.--(BUSINESS WIRE)-- Horizon Technology Finance Corporation (NASDAQ: HRZN) (Horizon) (the Company), an affiliate of Monroe Capital, today announced it has provided a $40 million loan facility to Hyperfine, Inc. (NASDAQ: HYPR) (Hyperfine), with an initial funding of $15 million at closing, and up to $25 million available to support future commercial growth.

Hyperfine is a publicly traded health technology company that has developed and is commercializing the Swoop® System, the first FDA-cleared AI-powered portable magnetic resonance (MR) brain imaging system. Cleared for brain imaging in patients of all... More