Trinity Capital announced a portfolio update for the first half and second quarter of 2025. Trinity Capital originated $519 million of new commitments in the second quarter of 2025, bringing new commitments for the first half of 2025 to $705 million.   

Second quarter 2025 investment highlights:

• Investments funded totaled approximately $365 million, which was comprised of $296 million in secured loans, $68 million in equipment financings, and $1 million in warrant and equity investments.
• Trinity Capital originated approximately $519 million of new commitments, which was comprised of $343 million in secured loans, $175 million in equipment financings, and $1 million in equity investments.
• The Company funded approximately $292 million to 14 new portfolio companies and $73 million to 14 existing portfolio companies.
• Proceeds received from repayments and exits of the Company's investments totaled approximately $196 million, which included $111 million from early debt repayments, $51 million from scheduled/amortizing debt payments, and $34 million from investments sold primarily to multi-sector holdings.

Aggregate investment highlights for the first half of 2025:

• Total investments funded total approximately $585 million, which was comprised of $444 million in secured loans, $139 million in equipment financings, and $2 million in warrant and equity investments.
• The Company originated approximately $705 million of total new commitments, which was comprised of $517 million in secured loans, $186 million in equipment financings, and $2 million in equity investments.
• The Company funded approximately $387 million to 20 new portfolio companies and $198 million to 26 existing portfolio companies.Proceeds received from repayments and exits of the Company's investments totaled approximately $353 million, which included $170 million from early debt repayments, $113 million from scheduled/amortizing debt payments, $69 million from investments sold primarily to multi-sector holdings, and $1 million from warrant and equity exits.

Trinity Capital will release its complete second quarter 2025 financial results on Wednesday, August 6, 2025, and will discuss its financial results on a conference call the same day at 12:00 p.m. ET.