French heart prosthesis firm Carmat at risk of insolvency by end-June
Published by Global Banking & Finance Review®
Posted on June 20, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on June 20, 2025
1 min readLast updated: January 23, 2026
Carmat, a French heart prosthesis company, faces insolvency by June's end without 3.5 million euros in funding. They are seeking donations online.
(Reuters) -French heart prosthesis company Carmat is in a critical financial situation and will be at risk of insolvency by the end of this month, it said in a statement on Friday.
Carmat needs 3.5 million euros ($4.04 million) to avoid insolvency by the end of June, it said.
It said it is actively exploring financing options and is launching a campaign seeking donations through an online platform.
($1 = 0.8673 euros)
(Reporting by Mathias de Rozario in Gdansk; Editing by Jan Harvey)
Carmat is in a critical financial situation and is at risk of insolvency by the end of June.
Carmat needs 3.5 million euros (approximately $4.04 million) to avoid insolvency by the end of June.
Carmat is actively exploring financing options and has launched a campaign seeking donations through an online platform.
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