FundedIQ
Biotechnology

Icosagen Group: Funding, Investors & Team (Sep 2026)

High-end biotechnology services and goods are provided by the Icosagen Group, a contract research organisation and technology developer for the biopharmaceutical and biotechnology sectors of industry and academia. The business offers services such as protein, antibody, and VLP manufacturing. Products include ELISA kits, transfection reagent, proteins, antibodies, and DNA/RNA isolation Additionally, it provides quality assurance services like FITkit for checking latex allergens and food microbiological testing services. The Icosagen Group takes part in numerous national and international research initiatives, such as INTENSO, MAARS, and EURIPRED.

icosagen.com Tartu, Estonia 1-10 employees
Biopharma Biotechnology Medical Pharmaceutical B2B
Total raised
$19.4M
Rounds
1
Latest
Undisclosed round
Feb 2023

Icosagen Group has raised $19.4M across 1 funding round on record, the most recent an undisclosed round of $19.4M announced in Feb 2023.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Icosagen Group Company Profile and Key Stats

Total funding raised
$19.4M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$19.4M in Feb 2023
Employees
1-10
reported band
Headquarters
Tartu, Estonia

Latest funding round on record: Feb 2023.

Icosagen Group Funding Rounds

Date
Round
Amount
Undisclosed round
$19.4M

Icosagen Group Founders and Leadership Team

Name
Role
Contact
Mart Ustav
CEO
Locked

Contact details for the Icosagen Group team: 1 of 1 has an email address on file.

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Icosagen Group Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
218
$1.9M

Icosagen Group's latest round of $19.4M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Icosagen Group Funding FAQs

What does Icosagen Group do?

High-end biotechnology services and goods are provided by the Icosagen Group, a contract research organisation and technology developer for the biopharmaceutical and biotechnology sectors of industry and academia. The business offers services such as protein, antibody, and VLP manufacturing. Products include ELISA kits, transfection reagent, proteins, antibodies, and DNA/RNA isolation Additionally, it provides quality assurance services like FITkit for checking latex allergens and food microbiological testing services. The Icosagen Group takes part in numerous national and international research initiatives, such as INTENSO, MAARS, and EURIPRED.

How much funding has Icosagen Group raised?

Icosagen Group has raised $19.4M across 1 round on record. The most recent is an undisclosed round of $19.4M announced in Feb 2023.

When did Icosagen Group last raise funding?

Icosagen Group's most recent funding round on record is an undisclosed round of $19.4M, announced in Feb 2023.

Who is the CEO of Icosagen Group?

Mart Ustav is listed as CEO at Icosagen Group.

Where is Icosagen Group headquartered?

Icosagen Group is based in Tartu, Tartumaa, Estonia.

How many employees does Icosagen Group have?

Icosagen Group is in the 1-10 employee band.

How does Icosagen Group's funding compare to other Biotechnology startups?

Icosagen Group's latest round of $19.4M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Icosagen Group Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Icosagen Group is left off this page rather than filled in.

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