XVIVO

XVIVO

XVIVO.ST
Gothenburg, Sweden· Est.
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Private Company

Total funding raised: $8.5M

Market Cap: $983.1MFounded: 1998HQ: Gothenburg, Sweden

Overview

XVIVO Perfusion AB is a publicly traded Swedish medtech leader with a mission to ensure 'nobody should die waiting for a new organ.' The company has achieved commercial success by establishing its machine perfusion devices and PERFADEX® Plus solution as standards of care in lung transplantation and expanding into kidney and liver preservation. Its strategy focuses on leveraging its integrated hardware-and-chemistry platform to expand into new organ types, like the heart, and deepen its service offerings to become a full-service partner to transplant centers worldwide.

Organ TransplantationOrgan Preservation

Technology Platform

Integrated ex-vivo machine perfusion platform for the preservation, assessment, and transport of donor organs, combining proprietary hardware devices, single-use disposables, and preservation solutions like PERFADEX® Plus.

Funding History

2
Total raised:$8.5M
Series A$8M
Grant$500K

Opportunities

The critical global shortage of transplantable organs creates a massive, unmet need that XVIVO's technology directly addresses.
By enabling the use of marginal organs and extending preservation times, the company can expand the total pool of viable transplants, driving significant market growth.
Its move into heart preservation and full-service offerings presents substantial new revenue avenues.

Risk Factors

Key risks include regulatory delays for pipeline products (as seen with the Heart Assist CE mark), the pace of clinical adoption requiring changes to established surgical protocols, and intensifying competition from well-funded rivals like TransMedics in the multi-organ preservation space.

Competitive Landscape

XVIVO is a dominant leader in lung preservation and a strong competitor in liver/kidney. It faces competition from TransMedics (OCS), OrganOx, and Bridge to Life. XVIVO's key advantages are its multi-organ platform, protocol flexibility, and the high-margin, recurring revenue from its PERFADEX® Plus solution.

Company Timeline

1998Founded

Founded in Gothenburg, Sweden

2018Grant

Grant: $500.0K

2021Series A

Series A: $8.0M