Icon Genetics AG closed a financing round in the amount of € 3.1 million in addition to the 3.0 million raised last year, with Sachsen LB Corporate Finance Holding GmbH, Sachsen LB V.C. GmbH & Co. KG, SachsenFonds International Equity I GmbH & Co, KG and IBG Beteiligungsgesellschaft Sachsen-Anhalt mbH.

About IBG
The IBG Beteiligungsgesellschaft mbH is the biggest venture capital company in Saxony Anhalt for financing technology-oriented start-ups.
The portfolio of IBG comprises approximately 70 investments these days.
The focus of the company’s activities is in the fields of biotechnology, medical technology, chemistry, nano technology, engineering and environmental technology.
IBG invests up to 5 million euros risk capital per Investee Company and provides professional consulting. Further more, IBG offers networks in innovative technology-oriented growing markets.
 
About CFH
Sachsen LB Corporate Finance Holding Ltd (CFH) is a 100-percent subsidiary of Landesbank Sachsen giro centre and supervises its national and international investment business.
Since the start of its operations in 1996 the CFH has increased the number of its investments both at home and abroad to 64. The volume of investment stands at around 130 million euros. With a portfolio of 19 life science companies in Germany, England and the USA, the CFH ranks amongst the biggest financiers of biotechnology in Germany.