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€5 million investment into AlgaeCytes

AlgaeCytes Germany sign term sheet with IBG Funds for a 5 million investment. 

IBG Risikokapitalfonds III GmbH & Co. KG have chosen to invest in RIG client Algaecytes Germany, with the term sheet recently signed for €5 million. This reflects the largest single investment IBG has made in a growth project within the Saxony-Anhalt region and is a confirmation of Algaecytes' long term plans for the region.

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