The French LVAD developer said it will soon inaugurate manufacturing at its facility on the banks of the Seine River in Clichy.
The French government’s Société de Projets Industriels (SPI) fund, managed by Bpifrance, invested €15 million in the latest round. Another €11 million came from European investors and entrepreneurs with strong industrial backgrounds. They include Exor Ventures, controlled by the Agnelli family (Ferrari, Stellantis), and Vlerick Group (textile and metal engineering).
“These investments are the result of demanding selection processes that demonstrate the relevance of our disruptive product and the seriousness of the work…