Althea Technologies Gets $17M In Venture Debt

San Diego-based Althea Technologies, a provider of contract development and manufacturing for the life sciences market, has raised $17M in debt funding, according to financing provider Hercules Technology Growth Capital. Use for the funding was not disclosed. HTGC is a provider of both venture debt and equity to VC and private-equity backed firms. Althea is venture backed by Telegraph Hill Partners. More information »