Vesalius in the News...
Vesalius Cardiovascular Closes $1M Seed Investment Round - Plans Series-A Financing by End of Year
Vancouver, BC, May 28, 2018--(entrepreneurship@UBC)--Vesalius Cardiovascular Inc. has announced the closing of a $1 million seed financing round to accelerate the engineering of its mitral valve repair device called Calla TC3.
The Vesalius unique concept marries surgery and cardiology to deliver a percutaneous treatment for mitral valve prolapse (also known as degenerative mitral regurgitation), a serious and very common heart valve disease.
"We use proven surgical principles to design and build Calla TC3, an innovative device able to reproduce the effect of surgical valve repair. More importantly, our device is delivered during a transcatheter intervention, requiring a small skin puncture to the leg of the patient and subsequently eliminating the need for open heart surgery" stated Dr. Peter Skarsgard, Vesalius' President, co-founder, and inventor of the device. "This financing round will enable the Company to accelerate the engineering phase and reach animal testing by early 2019".
Vesalius is developing a surgical implant able to repair the mitral valve without heart surgery. While the gold standard treatment remains open heart surgery, a large number of patients cannot undergo surgery because of the associated risks. Therefore, there exists an unmet clinical need.
The Vesalius device will allow all patients to be treated, while eliminating the burden of open heart surgery.
"Imagine the patient checking into the hospital for treatment on a Friday, returning home on Saturday, and back to normal activities on Monday" noted Vincent Ledoux, COO and co-founder of Vesalius. "The Company will be able to achieve 2 major milestones in 2018 and prepare for a Series A round by end of year".
Vesalius successful at Cascadia Venture Forum Summit in Seattle
November 15, 2017 - Cambie Grove, Seattle.
Competing this time with the top finishers in each Regional Forum (BC, OR, and WA), Vesalius again finishes in first place at the Cascadia Venture Forum Summit in Seattle, from a field of 7 startup companies in the Seed category. Proof of Concept and Product Market Fit for the Vesalius mitral valve repair device convinced voters within the audience and panel.
We would like the thank Cascadia for this amazing opportunity.
As a part of this success, Vesalius is invited to engage with Keiretsu Forum, an Angel Investor community, with Deal Screening in December, and a Seed Deal pitch in Portland, Tacoma, Bellevue, Seattle and Vancouver, all in February 2018.
Vesalius pitches to Lumira Capital and other VCs at Invest in BC
October 18, 2017 - Terminal City Club, Vancouver.
Dr. Skarsgard, President of Vesalius Cardiovascular and inventor of the Calla-TC3 device, describes to investors how the Vesalius product line can benefit patients and fulfill the unmet need for patients with MR. Dr. Skarsgard explains how Calla-TC3 can relieve the “pains” of current surgical treatment, and provide “gains” for patients, providers, hospitals, and health institutions. See the slide deck for this event, coming soon.
Vesalius successful at Cascadia Venture Forum Vancouver
October 12, 2017 - VentureLabs, Vancouver.
Vesalius Cardiovascular finishes in first place at the Vancouver Cascadia Venture Forum, from a field of 6 startup ventures in the Seed category, as voted by the audience of angels, VCs, entrepreneurs, and business mentors. Vesalius will now proceed to the Cascadia Summit Competition to be held in Seattle on November 15, 2017.
Vesalius Cardiovascular Inc., 2016