Microstim Raises €500K in Funding

Microstim, a Wismar, Germany-based developer of a heart assist system, raised €500k in funding.

Backers included the HCS Beteiligungsgesellschaft, the Technologiefonds MV, High-TechGruenderfonds and the Fides Finanz-Invest.

The company intends to use the funds for the European CE-approval and the first clinical application of its system.

Led by Dr. Peter Klapproth, co-founder and managing director, Microstim is developing a tissue-maintaining and function-preserving implantable muscle stimulator for muscle powered cardiac assistance. The implant permanently monitors the stimulation loading of the muscle and counteracts a therapy threatening overstimulation.





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