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InEnTec Nets VC Equity And Debt Funding

Tuesday, August 21, 2012 5:54:00 AM PDT | VentureDeal
Bend, Oregon  --  Alternative energy company InEnTec has received $1.5 million in new venture capital equity and debt, according to an SEC filing.

InEnTec is developing what it calls "Plasma Enhanced Melter" technology that promises to transform waste into clean energy products.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

InEnTec is still seeking $13.5 million in additional financing, according to the filing.

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