Hercules Technology Growth Capital Inc

Hercules Capital is a business development company that specialises in venture lending. It provides debt financing to venture-backed companies in technology and life sciences, and works alongside venture capital and private equity firms.

The company says it has more than twenty years of experience, and describes its focus as the innovation economy.

Products and services

• Venture debt: loans for companies that have raised venture capital.
• Growth capital: flexible financing to fund expansion and reach milestones.
• Special situations financing: structured deals, including sale and leaseback project financing.
• Co-investment: investing beside venture and private equity partners.

Clients

Venture-backed companies in technology and life sciences, and their investors. Box, Druva and Plug Power are among customers it mentions.

Key facts

• Type: business development company
• Experience: more than two decades
• Adviser subsidiary: manages assets alongside the main company