ATEL Ventures is a division of ATEL Capital Group that provides venture debt and equipment financing to emerging, venture-backed companies. It offers non-dilutive growth capital and customized financing solutions to high-growth businesses at all stages across sectors including technology, biotech, life sciences, energy, aerospace, and deep tech. Notable deals include $10M venture debt to Vial, a clinical-stage biotech company, and financing to Menlo Micro and Carbon Upcycling Technologies.