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XELTIS AG Seefeldstrasse 35 8008 Zurich, Switzerland http://www.xeltis.com/
Contact Ms Katie Hogan +1 202-549-0557
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XELTIS AG

Xeltis Closes €45 Million in Oversubscribed Series C Financing to Advance Aortic and Pulmonary Valve Programs

The largest investment round for a private medical device company in Europe in 2017

(PresseBox) (Eindhoven, The Netherlands / Zurich, )
Xeltis, a clinical-stage medical device company pioneering a restorative approach in heart valve therapy, today announced the completion of an oversubscribed €45 million ($52 million) Series C financing. The funding round was led by a global strategic investor with participation from venture capital fund Ysios Capital and a number of large private investors. Existing institutional investors (LSP, Kurma Partners and VI Partners) and private investors also participated in the financing.

The Series C financing will support continuation of clinical activities and acceleration of product and market development for the company's novel aortic and pulmonary valve programs. This is the largest iixbatgslf ctrkx wdy x eisbtze otoyolj hnngys zdrwnhh xa Rgknhb lv 0264.

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