Novo Seeds portfolio company CorWave raises EUR 35m for breakthrough heart pump

Novo Seeds, the early stage investment and company creation team of Novo Holdings, announced today that its portfolio company CorWave, a medtech company developing an implantable heart pump based on a breakthrough technology, has raised EUR 35 million in a Series C financing.

The EIC Fund, a VC fund set up by the European Commission, served as anchor investor and made its first investment in becoming a shareholder of a private company for the first time since the governmental organization was founded in 1957. Novo Seeds participated in the round alongside other existing investors Bpifrance, Seventure, Sofinnova Partners and Ysios Capital.

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