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ATEL Capital Group/resources/news/atel-ventures-provides-equipment-financing-to-electric-truck-manufacturer-harbinger
ATEL Capital Group/resources/news/atel-ventures-finalizes-agreement-with-menlo-micro-to-help-support-ideal-switch-demand
ATEL Ventures has finalized its support for Menlo Micro, a pioneering manufacturer of efficient micro-electrical-mechanical switches. This initial round of financing will help accelerate the acquisition of additional manufacturing equipment for Menlo Micro’s facility in Ithaca, NY.
Under Dean’s leadership, ATEL has become a multi-billion dollar financial services company providing venture debt to high growth startups, and equipment leasing to Fortune 1000 U.S. corporations.
European founders use venture debt to extend runway, bridge to milestones, or fund large capital expenditures, while many U.S. startups view it as a stopgap.
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