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§ Private Profile · Potsdam, Brandenburg, Germany
Medical device company developing intravascular cryotherapy systems for coronary artery disease treatment.
CryoTherapeutics is a Liège, Belgium-based medical device company that develops an intravascular catheter system designed to deliver sub-zero temperatures to treat inflamed coronary arteries and prevent heart attacks. The proprietary technology is utilized by interventional cardiologists to stabilize lesions in diseased cardiovascular pathways. The clinical-stage enterprise has raised substantial capital to fund its development, including a €6.5 million Series A, a €7 million Series B in 2019, and a recent €10 million Series B extension round in April 2024. This equity financing has been backed by a syndicate of institutional investors such as Noshaq, Peppermint Venture Partners, Creathor Ventures, and KfW. The firm recently consolidated its primary operations in Belgium while advancing its balloon catheter technology through new patent filings. CryoTherapeutics was founded in 2009 by Maurice Buchbinder alongside a team of international medical entrepreneurs.
CryoTherapeutics has raised $43.0M across 6 funding rounds.
CryoTherapeutics has raised $43.0M in total across 6 funding rounds.
CryoTherapeutics has raised $43.0M in total across 6 funding rounds.
CryoTherapeutics's investors include Bibi Sattar Marques, Innomedical, KfW, Eric Brandt, NRW.BANK, Joachim Rautter, Yellowstone Holding, Getz Brothers, High-Tech Grunderfonds, Alfred Wong, Joanna Tyrekidis, Peppermint Venture Partners.
CryoTherapeutics has raised $43.0M across 6 funding rounds. Most recently, it raised $10.8M Series B Extension in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 2, 2024 | $10.8M Series B Plus | — | Bibi Sattar Marques, Innomedical, KFW, Eric Brandt, NRW.BANK, Joachim Rautter, Yellowstone Holding | Announced |
| Feb 17, 2022 | $14M Venture Round | — | Getz Brothers, High Tech Grunderfonds, KFW, Eric Brandt, NRW.BANK, Joachim Rautter, Alfred Wong | Announced |
| Jul 3, 2019 | $7.9M Series B | — | Getz Brothers, Joanna Tyrekidis, Joachim Rautter | Announced |
| Jul 7, 2016 | $5.8M Series B | — | Getz Brothers, High Tech Grunderfonds, KFW, NRW.BANK, Peppermint Venture Partners | Announced |
| May 6, 2014 | $700K Series A Plus | Joachim Rautter | Getz Brothers, High Tech Grunderfonds, KFW, NRW.BANK, Rainer Christine Asset Management | Announced |
| Mar 21, 2013 | $3.9M Series A | — | Peppermint Venture Partners | Announced |