BCV Raises €6M Series A
BCV announced today that the company has secured €6 million in a Series A round of financing led by New-York based Forepont Capital Partners, an international venture capital firm investing in disruptive biotech & medtech start-ups. Other investors include Palo Alto based NTI, France based MEDCO and existing French investors. This Series A funding brings the total amount raised since inception to €13M. BCV’s Series A remains open until March 31st 2024.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231212234279/en/
“Forepont is proud to lead BCV’s series A raise to support the advancement of BCV’s superior technology that has already been endorsed by over 100 international interventional radiology experts in the US and in Europe,” says Frederic Batoua, a Partner at Forepont Capital partners.
“Our technology, applied to a guidewire, will be a disruptive change in minimally invasive procedures improving patients’ outcomes,” says Raphaël Blanc, M.D., Chairman & Co-Founder, BCV.
The funding will accelerate the development of BCV’s range of active mechatronic1 guidewires, from manufacturing to go-to-market. BCV has already built a plant in Reims to secure in-house manufacturing and R&D evolution toward miniaturization.
“This round of financing will enable BCV to progress toward FDA and CE mark approval,” adds Thierry Col, CEO, BCV. “Forepont and NTI will accelerate BCV’s development first in the US market thanks to a premier network in endovascular access,” concludes Thierry Col.
The patented innovation consists of an actuable2 guidewire controlled by a smart handle and a generator. The BCV system’s shape-memory alloy technology enables distal tip control improving practitioners’ gestures and demonstrating superior performance over existing advanced actuation technologies.
“BCV creates an opportunity to simplify and speed up access in complicated anatomies, a critical part of all endovascular procedures,” as Adnan H. Siddiqui, MD, PhD, FACS, FAHA (USA) underlines.
This steerable mechatronic guidewire is designed to enhance safety, reduce procedure time and produce better outcomes, providing support during critical interventions performed for stroke or artery diseases.
About BCV
BCV is a medical device company founded in 2016 with the mission to improve patient outcomes by providing optimized navigation for endovascular procedures. The company successfully achieved its first in-human clinical trial in 2022 at Rothschild Foundation Hospital in Paris and filed a pre-submission application with the FDA.
Originally developed with help from Institute of Intelligent Systems and Robotics (ISIR) at Sorbonne University-CNRS and INSERM (Paris, France), the core technology is mechatronic. To learn more, please visit www.basecampvascular.com.
Caution: The BCV System is an investigational device and is not available for commercial sale worldwide.
About Forepont
Forepont Capital Partners is a healthcare and life science venture capital firm based in New York with a strong presence in Europe. Forepont has developed partnerships with industry leaders, physicians, key opinion leaders, universities, hospitals and pharmaceutical groups, mainly in neurology. Forepont invest in early-stage companies whose science and technology are intended to positively impact the lives of patients. Forepont provides scientific, technological, financial and operational support to improve portfolio company performance, leveraging their talents with its know-how and global ecosystem.
About NTI
Neurotechnology Investors is composed of physicians from around the world with backgrounds in neurosurgery, neurology, and several vascular specialties. NTI draws on the collective knowledge of its membership to identify, invest, and provide operational expertise for promising medical technologies along their development lifecycle, from concept through commercialization.
_________________________________________________________________________
1 Mechatronic: both mechanical and electronic.
2 Actuable: the ability to be put into mechanical action or motion.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231212234279/en/
Contact information
Delphine BOULAIRE SALVIO (BCV) delphine@basecampvascular.com
Martine Pain-Lacoste (FCP – Aplus Communication / Forepont) martine.pain@agence-aplus.fr
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Global Tourism Surging Ahead of Economic Growth, With Visits to Hit 30 Billion by 20344.7.2025 02:00:00 EEST | Press release
The World Economic Forum has today published a new report forecasting that the travel and tourism industry is projected to serve 30 billion tourist trips by 2034. Travel and Tourism at a Turning Point: Principles for Transformative Growth, produced in collaboration with Kearney and the Ministry of Tourism Saudi Arabia, reveals a projected $16 trillion contribution to global GDP by the same year—representing more than 11% of the total world economy, according to World Travel & Tourism Council estimates. The report also found that the sector is expanding 1.5 times faster than the global economy, generating significant commercial opportunities as long as the mounting challenges of climate change, labour shortages and infrastructure gaps are addressed. Inbound and outbound trips increasing fast Asia is on track to become the world’s fastest-growing tourism economy, with the direct travel and tourism GDP contribution expected to exceed 7% across the region by 2034. Notably, India and China
The 2025-2026 World Branding Awards Animalis Edition Honouring Leading Pet and Animal Brands Globally3.7.2025 22:00:00 EEST | Press release
The 2025-2026 World Branding Awards Animalis Edition marked its fifth instalment, bringing together leading pet and animal brands from all around the world. These brands were celebrated for their outstanding achievements, earning recognition as National, Regional, and Global Winners. The awards ceremony, held at Vienna's prestigious Hofburg Palace, welcomed winners across diverse categories, including pet food, retail, wellness, pet exhibitions, and aquatic products. Mounia Berrada-Gouzi expertly hosted the evening, which culminated in a grand celebration of brand excellence. “The Animalis Edition of the World Branding Awards recognises brands that have achieved the highest distinction—genuine recognition in the hearts and minds of consumers. Tonight, we honour those whose names resonate globally, whose values inspire loyalty, and whose presence defines excellence in the pet and animal industry,” said Richard Rowles, Chairman of the World Branding Forum. Out of over 950 brands nominate
Venture Global Announces 20-Year Sales and Purchase Agreement with PETRONAS3.7.2025 15:59:00 EEST | Press release
Today, Venture Global, Inc. (NYSE: VG) announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s third facility, CP2 LNG, for 20 years. This builds upon Venture Global’s existing agreement with PETRONAS for 1 MTPA of LNG supply from Plaquemines LNG. PETRONAS, a world-class partner in the LNG industry, joins other CP2 LNG customers in Europe, Asia and the rest of the world in a strategically important project to global energy supply and security. To date, approximately 10.75 MTPA of the 14.4 MTPA nameplate capacity for CP2 Phase One has been sold. About Venture Global Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global’s business includes assets ac
Frost & Sullivan Recognizes Novotech as 2025 Global Biotech CRO Company of the Year3.7.2025 15:05:00 EEST | Press release
In recognition of its innovation, client-focused delivery, and global impact, Novotech has been awarded the 2025 Global Biotechnology Contract Research Organization (CRO) Company of the Year by Frost & Sullivan. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250703950144/en/ Novotech Wins Global CRO Award Novotech is a globally recognized full-service clinical CRO and scientific advisory firm, trusted by biotech and small- to mid-sized pharmaceutical companies to advance their drug development programs at every phase. With a global footprint spanning Asia-Pacific, North America, and Europe, Novotech supports over 5,000 clinical trial sites and a distributed team of experts delivering seamless, end-to-end solutions across geographies. “Novotech is redefining biotech-focused clinical research through AI-driven innovation, global expansion, and a client-embedded partnership model. With a clear vision to be the CRO of choice for
Tinnitus Research: Novel Compound AC102 Makes Constant Ear Noise Disappear in Preclinical Model3.7.2025 13:02:00 EEST | Press release
The novel compound AC102 almost completely reversed tinnitus in a preclinical model after a single dose. At the same time, the damaged connections between the auditory nerve and inner ear sensory cells were restored. These findings were recently published in the prestigious International Journal of Molecular Sciences in a joint study conducted by Erlangen University Hospital and Berlin-based drug developer AudioCure. As there is currently no causal treatment for tinnitus, there is a high medical need. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250702168211/en/ In 10-20% of tinnitus cases, the noise in the ear is so severe that it significantly impairs the quality of life of those affected. (Source: AI-generated) In the current study, AC102 was administered to the middle ear of one experimental group after acoustic trauma, while a second group received a placebo. Although both groups initially showed signs of tinnitus, th
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom