# Artificial heart maker Carmat completes 7 million euro capital increase
Author:  Pal Sinha,Barnali
Author URL: https://economystandard.com/author/pal-sinha-barnali/
Published: 2023-10-16
Category: Headlines
Category URL: https://economystandard.com/category/headlines/
Meta Title: Carmat completes 7 million euro capital raise for artificial
Meta Description: Read about artificial heart maker Carmat's recent capital increase and financial plans for the future in this exclusive report.
URL: https://economystandard.com/artificial-heart-maker-carmat-completes-7-million-euro-capital-increase/

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## Artificial heart maker Carmat completes 7 million euro capital increase   PARIS (Reuters) – Artificial heart maker Carmat, whose financial situation has been under pressure, said on Monday that it had completed a 7 million euro ($7.4 million) capital increase with several of its historical financial shareholders.    Carmat estimated it will nevertheless have to secure around 50 million euros ($52.6 million) in extra financing to cover its operations and investments until the end of October 2024.    ($1 = 0.9503 euros)        (Reporting by Sudip Kar-Gupta; Editing by Jacqueline Wong)


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