Xeltis

Zurich, Switzerland Founded: 2006 • Age: 20 yrs
Developer of bioabsorbable synthetic heart valves and vascular grafts

About Xeltis

Xeltis is a Healthcare company based in Zurich (Switzerland) founded in 2006. It operates as a developer of bioabsorbable synthetic heart valves and vascular grafts. Xeltis has raised $199.38 million across 14 funding rounds from investors including EQT, European Investment Bank and Kurma Partners. Xeltis offers products and services including Artificial Vessels, Heart Valves, and RestoreX Platform. Its focus areas include Life Sciences, Cardiac and Vascular Disorders, Medical Devices and Therapeutic Devices. Its competitors include PECA Labs, Occlutech, Endonovo Therapeutics, Coherex and CoAptus Medical and 3 more; 5 of its 8 listed competitors have raised funding.

Company details

Xeltis was founded in 2006 in Zurich, Switzerland, where bioabsorbable synthetic heart valves and vascular grafts are developed for cardiovascular applications. These implants are designed to mimic natural valves and vessels, enabling the body to heal by forming native tissue as the synthetic matrix is gradually absorbed. Operations center on pediatric solutions, including a flagship pulmonary valve replacement for congenital heart malformations. The sector involves regenerative medical devices.

Key Metrics
  • Total Equity Funding
    $199.38M (USD)

    in 14 rounds

  • Latest Funding Round
    $23.34M (USD), Series E

    Jul 2026

  • Investors
    EQT

    & 14 more

Products & Services of Xeltis

Xeltis offers a comprehensive portfolio of products and services, including Artificial Vessels, Heart Valves, and RestoreX Platform.

Artificial Vessels
Medical Implant

Devices that regenerate into patients' tissue to treat vascular conditions.

Heart Valves
Cardiac Device

Implants for pulmonary replacement to reduce surgical complications.

RestoreX Platform
Technology Platform

ETR-based system for developing self-healing vascular solutions.

Funding Insights of Xeltis

Xeltis has successfully raised a total of $199.38M across 14 strategic funding rounds. The most recent funding activity was a Series E round of $23.34 million completed in July 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $199.38M
  • Total Rounds 14
  • Last Round Series E β€” $23.34M
  • First Round $33.64M

    (Dec 2014)

  • Investors Count 15

Latest 10 of 14 funding rounds of Xeltis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2026$23.34MSeries E–Horizon 3 Healthcare
Dec 2025$58.07MDebt – Conventional––
Dec 2025$11.61MSeries D––
Aug 2023$13.68MSeries D––
Feb 2023$34.19MSeries D–DaVita Venture Group, EQT
–
Aug 2022$15.28MSeries D–China Grand Pharmaceutical and Healthcare
–
Dec 2021$2.83MGrant––
Nov 2021$16.96MDebt – Conventional––
Jan 2021$784,874Grant––
Sep 2019$11.56MSeries D–Life Sciences Partners
Valuation history

15 investors in total: 15 institutional.

Investors in Xeltis

Xeltis has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include EQT, European Investment Bank and Kurma Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Government agency and accelerator focusing on innovative startups and SMEs
–eicfund.euBrussels, Belgium
Venture capital firm investing in healthcare sectors
–davitaventuregroup.comDenver, United States
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
Infrastructure and venture capital funding is provided in key sectors.
–invest-nl.nlAmsterdam, Netherlands
Finance and advisory services for infrastructure projects are provided.
1958eib.orgLuxembourg, Luxembourg
Private equity investments in life sciences businesses are managed.
1998lspvc.comAmsterdam, Netherlands
Ysios Capital is recognized as a leading life sciences investor.
–ysioscapital.comBarcelona, Spain
Early-stage venture capital is invested in US and Europe.
–vipartners.chAltendorf, Switzerland
Biotech startups are funded through venture capital in life sciences.
2009kurmapartners.comParis, France
-
–h3healthcare.com.au-
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Investor details for Xeltis

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People of Xeltis

41 people are tracked at Xeltis (11 in leadership, 22 in board & advisors, 8 in team).

NameRoleGroup
Lucien van Os
Chief Operations OfficerLeadership
Thilo Tübler
Director Medical AffairsLeadership
Eliane Schutte
CEOLeadership
Alexander Goemans
Chief Financial OfficerLeadership
Martijn Cox
Chief Technology Officer & Co-FounderLeadership
Paulo Neves
VP, Clinical & Medical AffairsLeadership
Albert Gootzen
Director QualityLeadership
Judith Zwaan RC
Finance DirectorLeadership
Shawn M. Gage
VP Of US Clinical AffairsLeadership
Wian van den Bergh
Assoc. Director R&dLeadership
Ian Johns
Senior Director Of OperationsLeadership
George Fazio
ChairmanBoard & advisors
Vanessa Malier
Board MemberBoard & advisors
Christian Wenger
Board MemberBoard & advisors
Diego Braguglia
Board MemberBoard & advisors
Clemens van Blitterswijk
Board MemberBoard & advisors
Thierry Carrel
Medical AdvisorBoard & advisors
Rüdiger Lange
Medical AdvisorBoard & advisors
Michael Mack
Medical AdvisorBoard & advisors
Patrick Serruys
Medical AdvisorBoard & advisors

21 more people are available in the full profile.

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Timeline of Xeltis

3 dated milestones of Xeltis across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Xeltis is founded.
  2. Funding First funding round of $33.6M.
  3. Funding Latest funding round, Series E, of $23.3M.

Competitors of Xeltis

Xeltis has 8 listed competitors in our database, 5 of them funded. They include PECA Labs, Occlutech, Endonovo Therapeutics, Coherex and CoAptus Medical, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pecalabs.com2011Pittsburgh, United States$19.91M–
Pediatric cardiac surgical devices are developed for congenital heart defects.
occlutech.com2003Schaffhausen, Switzerland$70.81M–
Provider of minimally invasive cardiac devices for congenital heart defects, stroke prevention and heart failure
endonovo.com2011Los Angeles, United States––
Bioelectronic devices are developed for regenerative medicine therapies.
coherex.com2003Salt Lake, United States$25.03M19
Structural heart disease conditions are addressed with implant devices.
coaptus.com2003Redmond, United States$3M40
Develops non-implant therapeutics for treating patent foramen ovale, a structural heart defect.
cardia.com1998Eagan, United States––
Products for transvenous closures of certain types of congenital heart defects.
elevatedcpr.com2015Edina, United States$9.51M–
CPR products for sudden cardiac arrest treatment are developed.
mallowmedical.com2003Xuhui, China––
Medical devices for congenital heart defects are developed and offered.
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Detailed competitors of Xeltis

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Web traffic of Xeltis

The website of Xeltis (xeltis.com) receives about 6.8K visits a month.

  • Monthly visits
    6.8K

    ▼ 1.4% vs previous month

Top companies in Cardiac and Vascular Disorders

10 companies that operate in the same segment as Xeltis (Cardiac and Vascular Disorders), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Connected devices for health, sleep, and activity monitoring are developed.
2008Moulineaux, Seine-maritime, FranceUSD 93.83 M––
SMT is recognized as a developer of cardiovascular medical devices.
1998Surat, Gujarat, India–USD 106.25 M1,090
Gene-editing therapies for coronary artery disease are developed.
2018Cambridge, Massachusetts, United StatesUSD 215.5 M–255
Cardiac monitoring devices and applications are provided for heart health.
2010Mountain View, California, United StatesUSD 114.38 MUSD 6.18 M67
Therapies for lowering low-density lipoprotein cholesterol levels are developed.
1998Ann Arbor, Michigan, United StatesUSD 129.7 MUSD 332.31 M304
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided.
2006San Francisco, California, United StatesUSD 109.23 MUSD 747.14 M2,000
Provider of neuroprotection devices for carotid artery disease
2007Sunnyvale, California, United StatesUSD 241.8 M––
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
2007East Peoria, Illinois, United StatesUSD 154.77 M–104
Access catheters for neurovascular stroke treatment are provided.
2015Campbell, California, United StatesUSD 596 M––
Biosensor patches are developed for monitoring multiple body vitals.
2011Campbell, California, United StatesUSD 239.95 M–184
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Frequently Asked Questions about Xeltis

Xeltis was founded in 2006 and raised its 1st funding round 8 years after it was founded.

Xeltis is headquartered in Zurich, Switzerland.

Xeltis is a funded company, having raised a total of $199.38M across 14 funding rounds to date. The company's 1st funding round was a Series D of $11.56M, raised on Dec 2014.

Xeltis was founded in 2006 in Zurich, Switzerland, where bioabsorbable synthetic heart valves and vascular grafts are developed for cardiovascular applications. These implants are designed to mimic natural valves and vessels, enabling the body to heal by forming native tissue as the synthetic matrix is gradually absorbed. Operations center on pediatric solutions, including a flagship pulmonary valve replacement for congenital heart malformations. The sector involves regenerative medical devices.

Xeltis's top competitors include PECA Labs, Endonovo Therapeutics and Occlutech.

Xeltis offers Artificial Vessels, Heart Valves, and RestoreX Platform.

Xeltis has 15 investors. Key investors include EQT, European Investment Bank, Kurma Partners, European Union, and Life Sciences Partners.

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