Colibri Heart Valve

Colibri Heart Valve

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Private Company

Total funding raised: $30M

Overview

Colibri Heart Valve is an emerging, pre-revenue medical device company developing a disruptive, ready-for-use TAVI system for aortic valve replacement. Its core innovation is a pre-mounted, pre-crimped valve utilizing dry tissue technology, which aims to reduce procedural complexity, improve quality control, and enable a lower delivery profile compared to incumbent systems. The company is in the clinical development stage, having initiated a feasibility study for its second-generation system in 2018, and is positioned to address significant operational inefficiencies in the rapidly growing transcatheter heart valve market.

CardiovascularStructural Heart

Technology Platform

Proprietary 'dry tissue' platform enabling pre-mounted, pre-crimped, ready-for-use transcatheter heart valves. Features a unique folded leaflet design from porcine pericardium and a low-profile (9Fr) balloon-expandable delivery system.

Funding History

2
Total raised:$30M
Series B$20M
Series A$10M

Opportunities

The global TAVR market is large and growing, with a continuous drive for procedural simplification.
Colibri's ready-for-use system directly targets operational inefficiencies in current practice, offering potential for reduced procedure time, improved consistency, and lower hospital costs.
Its low-profile delivery system could also address vascular access limitations.

Risk Factors

The company faces high clinical and regulatory risk as an early-stage developer.
It must compete against deeply entrenched, well-funded market leaders in TAVR.
As a pre-revenue private company, it is dependent on raising additional capital to fund expensive clinical trials and commercialization efforts.

Competitive Landscape

The TAVR market is dominated by large players like Edwards Lifesciences (Sapien family) and Medtronic (CoreValve/Evolut family), with Abbott (Portico) and others also competing. Colibri's primary differentiation is its pre-mounted, dry-tissue, ready-for-use design, which contrasts with the standard 'wet' systems requiring on-site preparation. It aims to compete on procedural ease and efficiency rather than direct clinical outcome claims at this stage.