Iqron GmbH want to go public with mini wind turbines
September 22, 2020
Iqron GmbH, a manufacturer of mini wind turbines, plans to go public in Paris this year. With the proceeds it has a lot of plans in Saxony. It is calculated that the proceeds of the issue will amount to EUR 8m, equaling a 25pct. stake sale by VC E2C3. Of this, EUR 4.5m are to be used to build up production and sales, with the remainder going to VC company E2C3, in order to be able to invest in further start-ups.
ⓘ This story was originally featured in our daily M&A Insights newsletter.