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|Tuesday, July 19, 2011|
By Ben Jacklet
Eight local startups won $25,000 apiece from the Portland Seed Fund in an upbeat ceremony Tuesday, and one of those chosen eight, Geoloqi, also announced a larger seed investment of $300,000 from local entrepreneurs.
Geoloqi, a mobile/web platform for location-based applications. Founders Amber Case and Aaron Parecki (pictured at left, from the magazine's April 2011 issue) are 24 and 26 respectively, brimming with youthful geeky exuberance. In addition to the $25,000 from the seed fund, Geoloqi has also received $300,000 from members of TIE Oregon including Raj Kulkarni, Nitin Khanna and Eric Doebele. TIE stands for The Indus Entrepreneurs, a global nonprofit for entrepreneurship.
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