Global: Early-stage healthcare funding focused on France and Africa
Healthcare companies came out of the gates running in the first week of the year with early-stage healthcare funding focused on Europe and Africa. French medtech company CorWave has raised €35m (US$42.7m) in Series C funding. Existing shareholders Bpifrance, Novo Holdings, Seventure, Sofinnova Partners and Ysios Capital significantly increased their stake in the company and…
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Adrian Murdoch has more than 25 years’ experience as an international journalist. He started his career at World Link, the magazine of the World Economic Forum. He covered debt capital markets for Reuters in Singapore throughout the Asian Financial Crisis, and then the European Central Bank in Frankfurt. As a freelancer he has worked for Forbes, The Wall Street Journal, Euromoney, the Scotsman and the BBC. The author of a number of books on the classical world, Adrian has written and pr
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VOLTA MEDICAL raises 28 million USD to revolutionize persistent AFib ablation
January 5, 2021 GMT
Volta Medical logo
MARSEILLE, France, Jan. 5, 2021 /PRNewswire/ Volta Medical, a pioneering French-based HealthTech startup, working on novel artificial intelligence (AI) algorithms to treat cardiac arrythmias, today announced that it has successfully raised 28 million USD. The financing round was led by Gilde Healthcare with participation of existing shareholder Pasteur Mutualité. The new capital will allow the company to establish its revolutionary FDA-cleared and CE marked VX1 AI software solution as a new standard of care, pursue further R&D activities and start to roll out commercial activities across the US and Europe. Recruitment for TAILORED-AF, an international multicenter trial has already started. Volta Medical will be welcoming two new Board members. Janke Dittmer, General Partn