2020 Venture Debt ReviewDOWNLOAD NOW FEATURED SUCCESS STORY In less than a year of obtaining their loans, Mobius Imaging and an affiliate were acquired for a purchase price of up to $500 million. Start A Project MOBIUS IMAGING A Definitive Partnership In November 2018, Mobius Imaging, LLC, a 10-year-old private medical device company focused in the intra-operative imaging space, was seeking capital to grow its product development, sales and marketing efforts. LOAN AMOUNT $15.5 Million LOAN DATE May 2019 COMPANY INFO VIEW WEBSITE Success in Life Sciences Mobius was not-yet-profitable, which made attracting lenders challenging. At the time, the Company was exploring equity options which would have required them to take significant dilution. While this was not a traditional venture lending opportunity, Runway recognized Mobius’ tremendous value and growth trajectory. The team structured a deal that provided Mobius with the capital it needed to execute on its plan, increase sales, and boost awareness. Less than a year later, Mobius and an affiliate were acquired by a medical device industry leader for a purchase price of up to $500 million in October of 2019. By partnering with Runway for a minimally dilutive growth loan, Mobius members were able to maintain their ownership percentages. Given the short timeframe between the capital raise and sale of the business, it would have been unfortunate for the Mobius equity holders to give up such a significant portion of the proceeds to newcomers. “Runway was a truly collaborative partner in our Company’s journey. The team provided a thoughtful financing package that accelerated our growth without significant dilution.” Michael Sinsheimer, Former Chairman & Co-Founder , Mobius Imaging LET'S CONNECT Add Fuel to Your Fire LET'S GET STARTED CONNECT LinkedIn LOCATIONS Silicon Valley Connect Directions Chicago Connect Directions New York City Connect Directions San Diego Connect Directions LEARN MORE About Team Borrowers Investors Success Stories Insights Contact INSIGHTS Runway Growth Capital LLC Expands Life Sciences Origination Team with Appointment of Silicon Valley Bank Veteran, Igor DaCruz Read More Runway Growth Capital Announces the Close of Senior Secured Term Loan of $65 Million to Marley Spoon AG Read More Copyright 2021 Runway Growth Capital. All Rights Reserved.