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NEW YORK (GenomeWeb) – Belgian software startup UgenTec has received more than €1 million (about $1.06) in venture capital funding from a group of Belgian investors, and an additional €250,000 ($265,000) in research funds from the IWT, a Belgium government agency for Innovation by Science and Technology.

The company has also received a €100,000 ($106,000) loan from LRM, a Belgian investment company.

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