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Stock impact report

Trinity Capital Inc. Provides $15 Million in Growth Capital to Cagent Vascular Inc. [Yahoo! Finance]

Trinity Capital Inc. (TRIN) 
Company Research Source: Yahoo! Finance
the commitment of $15 million in growth capital to Cagent Vascular Inc., a leading developer of serration technology for vessel dilation in endovascular interventions. This capital augments $45 million of equity financing led by US Venture Partners in 2024. (PRNewsfoto/Trinity Capital Inc.) Cagent Vascular is a medical device company pioneering innovative vascular treatment technologies. The company's flagship product, Serranator ® , helps improve angioplasty procedures by providing more predictable and controlled lumen gain with minimal dissection, while mitigating vessel recoil. Cagent Vascular aims to enhance patient outcomes and advance minimally invasive interventions by developing advanced endovascular solutions. "We are excited to partner with Cagent Vascular as they continue to innovate and expand their platform of valuable solutions for physicians treating patients with peripheral artery disease," said Ryan Kaeding , Managing Director, Life Sciences at Trinity Capital. Show less Read more
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