By Kathleen Gallagher , a New Richmond start-up company that is developing a new engine for general aviation, has raised $1.4 million of a proposed $14.5 million offering, according to a with federal securities regulators. The company raised the money from three investors. It was a combination of equity, debt and other instrments, the filing said. The new funds bring to about $100 million the total amount the company has raised from investors since late 2010, according to its with the U.S. Securities and Exchange Commission. The company, known as EPS, is making a lightweight, high-performance, water-cooled, diesel engine that it says will help American companies such as Beechcraft, Cessna...
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