CorWave - About the company
CorWave is a series C company based in Clichy (France), founded in 2012. It operates as a Developer of implantable heart assist pumps for advanced heart failure. CorWave has raised $92.8M in funding from investors like Europa, Ysios Capital and Bpifrance. The company has 103 active competitors, including 57 funded and 13 that have exited. Its top competitors include companies like CVRx, Impulse Dynamics and Element Science.
Company Details
Developer of implantable heart assist pumps for advanced heart failure. These medical devices utilize wave membrane technology to provide pulsatile blood flow for patients suffering from cardiac conditions. The technology functions as a left ventricular assist device to support heart function.
- Website
- corwave.com
- Social
- Email ID
- *****@corwave.com
- Phone Number
- +33 **********
Key Metrics
Founded Year
2012
Location
Clichy, France
Stage
Series C
Total Funding
$92.8M in 7 rounds
Latest Funding Round
Ranked
3rd among 103 active competitors
Annual Revenue
€10M - €50M as on Dec 31, 2023
Employee Count
128 as on Sep 30, 2026
Legal entities associated with CorWave
CorWave is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CORWAVE CIN: 538993452 , France, Active | Jan 13, 2012 | €10M - €50M (As on Dec 31, 2023) | - | - |
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CorWave's funding and investors
CorWave has raised a total funding of $92.8M over 7 rounds. Its first funding round was on 2013. Its latest funding round was a Series C round on Jun 20, 2023 for $*****. 3 investors participated in its latest round. CorWave has 15 institutional investors.
Here is the list of recent funding rounds of CorWave:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 20, 2023 | 5354920 | Series C | 7419755 | 5686770 | 9283901 | 5397031 |
Jan 06, 2021 | 4764518 | Series C | 3838417 | 7461615 | 7752904 | |
Oct 01, 2020 | 1820333 | Grant (prize money) | 8307634 | 6162336 | 7189565 |
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CorWave's founders and board of directors
Founder? Claim ProfileCorWave's employee count trend
CorWave has 128 employees as of Sep 26. Here is CorWave's employee count trend over the years:
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CorWave's Competitors and alternates
Top competitors of CorWave include CVRx, Impulse Dynamics and Element Science. Here is the list of Top 10 competitors of CorWave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CVRx 2001, Minneapolis (United States), Public | Developer of implantable technology for hypertension and heart failure | $394M | 68/100 | |
2nd | Impulse Dynamics 1998, Marlton (United States), Series F | Provider of implantable device for treatment of chronic heart failure | $685M | 64/100 | |
3rd | Developer of implantable heart assist pumps for advanced heart failure | $92.8M | 63/100 | ||
4th |  Element Science 2013, San Francisco (United States), Series C | Wearable therapeutic device for treating sudden cardiac arrest | $193M | 61/100 | |
5th | SynCardia 2001, Tucson (United States), Public | Artificial heart | $72M | 60/100 | |
6th | Manufacturer of implantable medical devices for treating advanced heart failure | $51.9M | 57/100 | ||
7th | Restore Medical 2016, Tel Aviv (Israel), Series B | Catheter-delivered implant for treatment of congestive heart failure | $32M | 57/100 | |
8th | Procyrion 2005, Houston (United States), Series E | Developer of percutaneous mechanical circulatory support devices for heart failure | $114M | 56/100 | |
9th |  Berlin Heals 2010, Zug (Switzerland), Series B | Developer of a microcurrent device for heart failure treatment. This device is a novel cardiac implant that provides a minimal electrical direct current to the heart, promoting reverse remodeling of cardiac muscle tissue. The treatment has shown rapid improvements in heart function, size, and quality of life in clinical studies. The device is easily implantable and requires no additional medication or follow-up procedures. The company is currently conducting clinical studies to obtain regulatory approvals. | $34.6M | 51/100 | |
10th | Provider of implantable shunt to treat heart failure | $132M | 48/100 |
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CorWave's Investments and acquisitions
CorWave has made no investments or acquisitions yet.
Reports related to CorWave
Here is the latest report on CorWave's sector:
News related to CorWave
Filter this listMedia has covered CorWave for a total of 2 events in the last 1 year, 1 of them has been about people movement.
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CorWave Strengthens its Leadership Team With Two Key Appointments
Medical Product Outsourcing•Jun 09, 2026•CorWave
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CorWave Achieves Major Regulatory Milestone with ISO 13485 Certification Across its Entire OperationsBusiness Wire•May 29, 2026•CorWave
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CorWave Announces Successful Completion of 6-Month Chronic In Vivo Study, Paving the Way for Clinical Trial InitiationBusiness Wire•Apr 24, 2025•CorWave
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CorWave Announces Appointment of Dawn Sadlowski-Buisserez as Vice President of Operations to Continue Production Scale-UpBusiness Wire•Apr 02, 2025•CorWave
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CorWave Announces the Appointment of Fairuz Hasni as Vice President Human ResourcesBusiness Wire•Dec 05, 2023•CorWave
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CorWave Announces the Grand Opening of Its Manufacturing Facility on the Banks of the Seine, next to ParisBusiness Wire•Oct 09, 2023•CorWave
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CorWave Raises €26M in Second Closing of Series C FundingFinSMEs•Jun 20, 2023•CorWave, Bpifrance, Exor, Vlerick Group
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Corwave Announces the Second Close of its Series C Funding on €61M to Fund Its First Industrial Deploymentcrast.net•Jun 20, 2023•CorWave, Exor, Bpifrance, Vlerick Group
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CorWave to Set Up Its Manufacturing Facility and Expand to a New Site Next to ParisBusiness Wire•Mar 17, 2022•CorWave
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