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Novostia raises CHF6.5mm via seed round

Executive Summary

Novostia SA raised CHF6.5mm ($6.5mm) in its seed financing to undisclosed private investors. The company will use the proceeds to move its disruptive aortic and mitral heart valve into the clinic. Its valve incorporates a biocompatible polymer, is more durable, and doesn’t require that patients take life-long anticoagulants as is the case with other valve technologies.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Biomaterials
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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