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Afternoon Coffee: Bonfire Announces $11 Million in Financing, Timken to Buy Lubrication Supplier Groeneveld

Categories: Afternoon Coffee Tags: General News E-sourcing provider Bonfire announced Friday it has raised $11 million in financing, after adding a recently closed $8 million Series A round to an initial $3 million in seed funding. Bearings and mechanical power transmission manufacturer Timken announced earlier this week it would acquire Netherlands-based Groeneveld Group, a provider of automatic lubrication solutions.
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