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Hometap closes on $60M to let people tap into their home equity without taking out a loan

TechCrunch

New and existing backers, including Bain Capital, Iconiq Capital, LLC, G20 Ventures, Pillar and General Catalyst, also put money in the latest round. Hometap currently invests in 15 states (including Massachusetts, New York, California, Virginia, Florida and North Carolina).

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LARGE MULTI-NATIONAL CORPORATION PUTS A “NEW SPIN” ON A SMALL LOCAL MANUFACTURER

Ben Franklin Technology Partners

ERIE, PA – More than 15 years ago, a Penn State Erie faculty member, Tom Briselden and his team at Spin-Works LLC, developed an innovative, silicon-carbide radiant tube insert called a SpyroCor. The twisted “Y” design produced non-turbulent, high convection flow creating a high rate of uniform heat transfer.