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BioSurplus Lands Venture Capital Debt

Thursday, December 20, 2012 5:33:00 AM PDT | VentureDeal

   San Diego, California  --  BioSurplus has received $1.75 million in new venture capital debt investment, according to the company.

BioSurplus provides pre-owned scientific instruments and equipment management systems to the life sciences industry.

Square 1 Bank made the loan.

BioSurplus said it would use the proceeds for expansion purposes as well as paying off existing indebtedness.

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