The orthodontic company plans to use the loan for general growth and working capital, according to a July 11 news release.
Venture lending is a type of debt financing that provides capital to venture-backed companies.
InBrace is backed by Vivo Capital, Endeavour Vision Ltd, Farallon Capital Management, Marshall Wace, MVM, Novo Holdings, RTW Investments, L.P., Soleus Capital and VenBio Partners, according to the release.
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