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Guggenheim Venture Backs DesignLine

DesignLine Corp., the maker of hybrid and electric mass transit vehicles, has secured financing from Guggenheim Venture Partners, which doubled its investment in the bus development company, as well as Orix Venture Finance, which provided a new debt facility. Darren Wallis and Jeff Bede worked on the deal for Guggenheim Venture Partners and Orix, respectively.

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