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Venture capital specialist Innovation Capital has launched a new $100 million fund.

The company announced this week that the new fund would be focused on providing financing to Australian companies developing or utilising advanced manufacturing techniques.

It said the launch of the fund followed on from Innovation Capital being named as one of three venture capital managers selected under the latest tranche of the Federal Government's Innovation Investment Fund (IIF) program.

To read the original article: Michael Quinn: Innovation Capital launching venture capital fund | Money Management