V-Wave Ltd., a cardiovascular device company developing proprietary, minimally invasive interatrial shunt devices for treating patients with severe symptomatic heart failure (HF) and pulmonary arterial hypertension (PAH), announced today that it has successfully closed all remaining tranches of the Series C extension totaling $98M. The financing assures capital to complete the clinical trial for the VenturaÒ Interatrial Shunt for the treatment of advanced heart failure and submit a PMA subject to final data for Agency review. It further funds continued development of the V-Wave Ventura Shunt product pipeline including its proprietary adjustable size MagicalTM shunt. The Ventura Shunt is currently being evaluated in an international, multicenter RELIEVE-HF randomized trial in patients with both reduced and preserved ejection fraction who are advanced NYHA Class II, Class III and ambulatory Class IV and on guideline directed medical therapies