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Aquapharm Raises Second Round

Aquapharm Biodiscovery Ltd., a UK-based marine biotech company, has raised Gbp4 million in second-round funding. Aescap Venture led the deal with a Gbp1.5 million infusion, and was joined by Tate & Lyle Ventures and return backers Scottish Enterprise, NESTA Investments and HIE Argyll and the Islands. www.aquapharm.co.uk