Turnover: ()
Country: France
Biotech specialist in cardiology
70 employees
News
CorWave raises 61 million euros to industrialize its cardiac pump 20/06/2023
- Installation of the CorWave factory in Clichy la Garenne.
- The start-up has raised 61 million euros to complete the final industrialization phase of its heart pump.
- The main investment funds are Société de projets industriels (SPI), Exor Ventures and Vlerick Group.
- Heart failure affects 1.5 million people in France.
- The market for mechanical circulatory assistance devices is dominated by Abbott
- CorWave's technology could halve the complication rate associated with heart pumps.
- The aim is to increase production to 1,000 pumps a year thanks to the fund-raising, with potential sales of 100 million euros a year.
- CorWave has a subsidiary in Australia and the United States, where it plans to launch a clinical trial in parallel with trials in Europe.
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