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Cleantech company Microgen targets new €4.8m raise

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IT Carlow spin-off has developed microbiome technology that blocks the uptake of heavy metals by crops on land that has been contaminated

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Microgen Biotech, a firm that develops solutions to clean contaminated soil and water, is in the process of raising €4.8 million in a new funding round. It would bring the amount raised by the company to date to over €12 million following a $5.1 million investment in April 2020. Founded as a spin-out from IT Carlow by Xuemei Germaine and David Ryan, Microgen has developed microbiome technology that blocks the uptake of heavy ...

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