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Texas startups and young companies saw far less private investment during the fourth quarter of 2012 from a year ago, according to a new report.

The Austin-based Texas Entrepreneur Networks‘ report found that private investors pumped $297.6 million into 109 companies during the three months ending Dec. 31. That’s down from $463 million invested in 96 startups and young companies during the same period in 2011.

Overall, venture capital investing statewide and in North Texas slowed in 2012.

To read the original article: Texas Entrepreneur Networks: Startups and young companies see less private investment in fourth quarter | Biz Beat Blog