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BANKING/ FINANCE

Compiled by James S. Granelli; Times staff writer

Venture Capital: Ventana Growth Funds, a venture capital operation in Irvine, has agreed to invest $500,000 in a San Diego firm that has developed a new laser technology.

The investment in Intelligent Surgical Lasers Inc. gives Ventana 45 companies in its investment portfolio and more than $100 million of investments under management. Ventana’s focus is providing money to help commercial and technology companies expand.

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