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Austin, Texas-based ProspX bags $1.9M of $2.4M funding round

ProspX has raised $1.9 million of a $2.4 million funding round, VentureBeat reported citing a regulatory filing it submitted to the US Securities and Exchange Commission.

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Bacterin International Holdings

Bacterin International Holdings raises additional $4M from OrbiMed

Bacterin International Holdings Inc has secured $4 million more in funding from OrbiMed and will be issuing 1.5 million shares of common stock to the investment firm as part of the deal, a statement about the funding said.

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Lighter Capital

Lighter Capital provides $1M growth funding to CloudBilt, Resident Research and SalesReach Software

CloudBilt, Resident Research and SalesReach Software obtained a combined $1 million growth financing from Lighter Capital, a provider of revenue-based financing, a statement about the funding said.

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Microloans allow female entrepreneurs in Detroit to get their businesses off the ground

The Michigan Women's Foundation plans to grant low interest business loans in their "Angel Microloans" program to female entrepreneurs in Detroit to encourage them to set up their businesses there, The Detroit News reported.

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Private equity firm The Riverside Company acquires Italy-based food firm Optima

Global private equity firm The Riverside Company has acquired Optima and related company Mec3 which makes ingredients for gelato, pastries and others, for an undisclosed amount.

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Lloyds Banking Group

UK's SEH Group obtains £9.4M funding package from Lloyds

Suffolk, UK-based construction supplier SEH Group obtained £9.4million in funding from Lloyds Commercial Banking under the government's Funding for Lending Scheme (FLS) to support its growth and expansion.

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Renewable energy

Small Scottish island wants to be world's first 100% renewable energy place

Eigg, a small island which is part of Scotland's Hebrides archipelago, wants to be the world's first 100% renewable energy place by replacing current diesel generators with a network of wind turbines, hydroelectric plants, and solar panels as sources of electricity.

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Ivanpah Solar Power Facility

World's biggest solar thermal power plant opens in the Mojave Desert

Ivanpah Solar Electric Generating System, the biggest solar thermal power plant in the world, opened in the Mojave Desert on Thursday with the help of the technology provided by BrightSource Energy and the $1.6 billion loan guarantee from the Department of Energy.

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BodeTree goes freemium to help US small businesses secure loans from local banks

Arizona, US-based lending startup BodeTree offered its analytics and automated funding services for free to help small businesses in the country secure funding from local banks

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Euro coin and a map of Europe

Personal savings to be used to plug long-term financing gap: EU

The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.

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Massachusetts' MassHousing closes $11.8M loans to turn Sitkowski School to senior apartments

MassHousing, a self-supporting quasi public agency in Massachusetts, has closed $11.8 million loans to acquire and convert Sitkowski School to 66 affordable apartments for seniors, reported.

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Xanadu Mines

Xanadu to acquire copper-gold project in Mongolia for $14M

Exploration company Xanadu Mines, together with its joint venture firm Mongol Metals, have agreed to purchase a 90% stake in the Kharmagtai copper-gold project in Mongolia from Turquoise Hill Resources in a $14-million deal.

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German credit rating startup Kreditech bags $15M in debt funding

Hamburg, Germany-based credit and loans startup Kreditech bagged $15 million in debt funding from Kreos Capital to finance consumer lending and expansion in Europe, Oceania, and Latin America.

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LiveOps Inc

LiveOps Inc purchases Canada-based CxEngage maker UserEvents Inc

Redwood City, California-based cloud contact center and customer solutions provider LiveOps Inc has purchased UserEvents and its product called CxEngage. The acquisition enables LiveOps to enhance its Cloud Platform.

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Dedalus Group

Hutton Collins inks deal to invest €50M healthcare IT systems firm Dedalus Group

Hutton Collins, a provider of preferred capital, will be investing €50 million in the form of a subordinated loan and minority equity interest in Dedalus Group, a healthcare IT systems company based in Italy.

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