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Antfactory sold for £100m

Seymour Pierce pays out
Written by John Oates, Contributor

Seymour Pierce pays out

Investment group Seymour Pierce is paying £100m for London-based internet incubator antfactory. Antfactory was set up in 1999 to finance new businesses. It has invested in 13 different companies. In October we reported that Antfactory was under pressure from investors who wanted their money back.
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