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CryoTherapeutics secures €10M in a Series B extension round led by Noshaq and existing investors to develop a next-gen catheter system to treat inflamed atherosclerotic plaque.

Apr 02, 2024over 1 year ago

Amount Raised

€10 Million

Round Type

series b

AwansBiotechnologyHealth Care

Investors

Ged VenturesInnomedicalKf WNrw BankPeppermint Venture PartnersYellowstone HoldingNoshaq

Description

CryoTherapeutics has raised €10 million in a Series B extension round with equity and non-dilutive funding. The investment will support additional clinical evaluation of its novel technology based on innovative cryotherapy to treat inflamed atherosclerotic plaque, as well as the development of its next-generation catheter system for advanced clinical studies and early commercialisation, and the expansion of its team in Liège.

Company Information

Company

CryoTherapeutics

Location

Awans, Liège, Belgium

About

Belgium-based CryoTherapeutics is a biotech company developing a treatment (catheter system) for interventional cardiologists to address problems related to high-risk plaque in coronary arteries, the major cause of heart attack.

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