Corwave: Funding, Investors & Team (Sep 2026)
CorWave is a medical device company developing innovative heart pumps (Left Ventricular Assist Devices, LVADs). Our mission is to lower the burden associated with LVADs by curbing pump-related adverse events and reducing the invasiveness of the surgery. We are leveraging a unique and patented pumping technology that overcomes the drawbacks of rotary pump systems. Inspired by nature, CorWave technology can mimic the native heart blood flow pattern (low shear and pulsatile), reduces energy-requirements and gives opportunities to downsize LVADs further. CorWave was founded in 2012 by MD Start and received funding from top-tier investors including Ysios, Sofinnova, Seventure, Medtronic, Novo and Bpifrance.
Corwave has raised $71.6M across 3 funding rounds on record, the most recent a Series C of $28.4M announced in Jun 2023.
That round is above the $4.7M median round size for Health Care companies tracked on FundedIQ over the last two years.
Corwave Company Profile and Key Stats
Latest funding round on record: Jun 2023.
Corwave Funding Rounds
1 of 3 rounds was announced without a disclosed amount and is excluded from the total.
Corwave raised $43.2M in a Series C announced in Jan 2021.
1.9 years later, an undisclosed round was announced in Dec 2022 with no disclosed amount.
6 months later, a Series C of $28.4M was announced in Jun 2023.
Corwave Founders and Leadership Team
Contact details for the Corwave team: 2 of 2 have an email address on file.
Start 14-day free trial →Corwave Funding Compared to Other Health Care Startups
Corwave's latest round of $28.4M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.
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Corwave Funding FAQs
What does Corwave do?
CorWave is a medical device company developing innovative heart pumps (Left Ventricular Assist Devices, LVADs). Our mission is to lower the burden associated with LVADs by curbing pump-related adverse events and reducing the invasiveness of the surgery. We are leveraging a unique and patented pumping technology that overcomes the drawbacks of rotary pump systems. Inspired by nature, CorWave technology can mimic the native heart blood flow pattern (low shear and pulsatile), reduces energy-requirements and gives opportunities to downsize LVADs further. CorWave was founded in 2012 by MD Start and received funding from top-tier investors including Ysios, Sofinnova, Seventure, Medtronic, Novo and Bpifrance.
How much funding has Corwave raised?
Corwave has raised $71.6M across 3 rounds on record. The most recent is a Series C of $28.4M announced in Jun 2023.
When did Corwave last raise funding?
Corwave's most recent funding round on record is a Series C of $28.4M, announced in Jun 2023.
Who founded Corwave?
FundedIQ lists Carl Botterbusch (Founder) at Corwave.
Who is the CEO of Corwave?
Louis de Lillers is listed as CEO at Corwave.
Where is Corwave headquartered?
Corwave is based in Paris, Ile-De-France, France.
How many employees does Corwave have?
Corwave is in the 51-100 employee band.
How does Corwave's funding compare to other Health Care startups?
Corwave's latest round of $28.4M is above the $4.7M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.
About FundedIQ's Corwave Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Corwave is left off this page rather than filled in.
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