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Two venture capital deals involving West Michigan companies follow a national first quarter trend of investors funding businesses in the later stages of development that have greater capital needs.

Grand Rapids-based Varsity News Network Inc. and Ablative Solutions Inc. in Kalamazoo were among the 14 deals made from January to March in Michigan for a collective $37.3 million, according to the quarterly MoneyTree report from the National Venture Capital Association and PricewaterhouseCoopers.

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