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Benjamin Franklin Technology Partners invests $1.375 million in Philly-area startups

Along with its recent funding of startups in other regions of Pennsylvania, Benjamin Franklin Technology Partners (BFTP) invested $1.375 million in seven companies based out of the Philadelphia suburbs, it announced Monday. The companies range from a Doylestown company that provides tools for drilling companies working in the Marcellus Shale to a Bucks County company […]

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Along with its recent funding of startups in other regions of Pennsylvania, Benjamin Franklin Technology Partners (BFTP) invested $1.375 million in seven companies based out of the Philadelphia suburbs, it announced Monday.

The companies range from a Doylestown company that provides tools for drilling companies working in the Marcellus Shale to a Bucks County company that makes dehydrated vegetable chips.

The state-backed economic development program  has invested $4.7 million in 30 local startups in the 2012 fiscal year, Newsworks reported yesterday. Get more details on Newsworks and find the full list of startups on Flying Kite.

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