Bolttech secures $50 million debt facility

bolttech has secured a $50 million venture debt facility from HSBC.

The funding is intended to support bolttech’s market expansion, technology development, and operational flexibility.

“We are pleased to offer our venture debt solution to bolttech as they accelerate their growth journey. The bespoke facility structure provides the flexibility necessary for high-growth and innovative companies such as bolttech to capitalize on emerging trends and opportunities.” – Jonathan Yip, Managing Director, Innovation Banking, HSBC.

“With HSBC, we are partnering with a leading global bank for strategic financing opportunities that will support our growth, while extending our existing banking partnership. This facility reflects HSBC’s confidence in bolttech’s vision and growth trajectory, marking a partnership that will drive mutual value.” – Romaney O’Malley, Group CFO, bolttech.