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Maine companies break quarterly record for venture capital investment

Vets First Choice and CashStar together break a 15-year-old record for most VC raised in a single quarter.

Maine companies raised $67.8 million in venture capital during the third quarter, setting a single-quarter record in Maine since records began being kept in 1995.

The revelation was made in the most recent MoneyTree report, a quarterly tally of venture capital deals compiled by PricewaterhouseCoopers and the National Venture Capital Association from Thomson Reuters data.

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