BioStorage receives $8.3 million in venture capital

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Indianapolis-based BioStorage Technologies Inc. said today it has raised $8.3 million in venture capital funding.

Led by Radius Ventures of New York, other investors included Spring Mill Venture Partners of Carmel, Village Ventures of Williamstown, Mass., and Twilight Venture Partners of Indianapolis.

BioStorage focuses on pharmaceuticals and other biomaterials, and recently expanded into Europe.

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