Cerbomed’s lead investor MIG is one of Germany’s largest venture funds, while other investors include state-owned KfW Banking Group and S-Refit AG.
The latest investment in Cerbomed can total up to €5.5m subject to the achievement of certain clinical milestones.
MIG has more €700m in venture funds providing capital to young, non-listed companies in Germany, Austria and Switzerland.
The financing will be used to run a CE trial to achieve early market access for its new diagnostic system, IOP said.
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