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Herbst Kinsky Advises Miracor Medical Systems on Series C Financing Round

Herbst Kinsky Advises Miracor Medical Systems on Series C Financing Round

Austria
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Herbst Kinsky has advised Miracor Medical Systems GmbH on a series C financing round totaling EUR 7 million. The financing was executed by Peppermint VenturePartners, which invested via Peppermint CBF-1 Fonds (Berlin), together with existing investors aws Grunderfonds, BioMed, Earlybird, Delta, and SHS.

Miracor Medical Systems, established in 2008, as an Austrian medical device company dedicated to improving clinical outcome of patients with impaired cardiac function. "This additional investment enables us to accelerate our plans to start first clinical activities in the US," commented Werner Braun, Chairman of the Board of Miracor.

Herbst Kinsky Partner Philipp Kinsky, who led his firm's team on the deal, noted that Miracor is among the companies his firm has "accompanied from their very beginning in the sense of a long-term cooperation." As a result, Kinsky explained, "we are particularly proud that a further financing partner is committed to the idea and products of Miracor."

Kinsky was supported by Carl Walderdorff.

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