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Xeltis

Biotech & Life Sciences · Eindhoven, Netherlands · Founded 2006

Restorative cardiovascular devices enabling natural tissue regeneration. MoreLess

Xeltis is a clinical-stage medical device company focused on transforming cardiovascular therapy through its Endogenous Tissue Restoration (ETR) platform. The company was founded in 2006 as a spin-off from the University of Zurich. A key development occurred in 2012 when it merged with Qtis/e, a Dutch spin-off from the Eindhoven University of Technology co-founded by Martijn Cox, who now serves as Chief Technology Officer. This merger combined Swiss business development with Dutch expertise in cardiovascular and polymer research. The company’s core technology, ETR, is based on Nobel Prize-winning supramolecular chemistry and utilizes bioabsorbable polymer-based implants. These implants act as a temporary scaffold that the patient's body uses to naturally grow new, healthy tissue, forming a living and long-lasting blood vessel or heart valve. Over time, the original implant is gradually absorbed by the body, leaving behind a fully functional, natural vessel or valve created from the patient's own tissue. This approach aims to reduce complications associated with traditional implants, such as infections and the need for repeat surgeries, particularly for pediatric patients whose implants need to grow with them. Xeltis’ business model is centered on developing and commercializing these devices for sale to hospitals and surgeons. Its client base consists of patients requiring cardiovascular interventions, such as those undergoing hemodialysis or coronary artery bypass surgery. The product pipeline includes several applications. The most advanced product is aXess, a restorative vascular access conduit designed for patients with end-stage renal disease who require hemodialysis. Following successful pivotal trials in Europe, aXess received a CE mark in April 2026, enabling its commercialization across the EU. A pivotal trial for aXess is also underway in the U.S., where it has received Breakthrough Device Designation from the FDA. Other products in clinical development include Xabg, a coronary artery bypass graft (CABG), and a pulmonary heart valve for children. The company is led by CEO Eliane Schutte, who joined in 2015 and was appointed CEO in 2018. Under her leadership, Xeltis has secured significant funding from a syndicate of investors, including EQT Life Sciences, Invest-NL, DaVita Venture Group, and the European Investment Bank, to advance its clinical programs and prepare for market launch. Keywords: Endogenous Tissue Restoration, ETR, bioabsorbable implants, restorative cardiovascular devices, regenerative medicine, supramolecular chemistry, living heart valves, vascular access, hemodialysis, aXess, coronary artery bypass graft, CABG, pulmonary valve replacement, medical device, medtech, tissue engineering, polymer-based implants, cardiovascular therapy, clinical trials, CE mark, Martijn Cox, Eliane Schutte, natural tissue regeneration, bioabsorbable scaffold, vascular implants, renal disease.

Company overview

Xeltis company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2006
Headquarters
Eindhoven, Netherlands
Employees
85
Open positions
3
Dealroom signal
86.8
Investment activity
1 companies · latest 2012
Capital deployed
Preferred round
ACQUISITION
client focusb2btechnologyHardwaretechnologyDeep TechtechnologyAugmented Realitysub industryBioTechnologysub industryMedical Devicesbusiness modelManufacturingindustryHealthsectorRisk ManagementsectorBiotechnologysectorSurgerysectorCardiology and cardiovascularsectorTissue EngineeringsectorRegenerative Medicine

Valuation & funding

Xeltis funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Dec 2025 $41M European Investment Bank
LATE VCOther financing Dec 2025 $11M $248M Invest-NL · EQT Life Sciences
GRANTOther financing Feb 2025 $2.3M European Innovation Council
SERIES DOther financing Aug 2023 $14M $248M Ysios Capital · Kurma Partners · DaVita Venture Group · EIC Fund
SERIES DOther financing Feb 2023 $35M $248M EQT Life Sciences · Invest-NL · DaVita Venture Group · Grand Pharma
SERIES DOther financing Aug 2022 China Grand Pharmaceutical and Healthcare Holdings
DEBTDebt Nov 2021 European Investment Bank
EARLY VCOther financing Oct 2021 EIC Fund
GRANTOther financing Oct 2021 European Innovation Council
SERIES DOther financing Sep 2019 Ysios Capital · EQT Life Sciences · VI Partners · Kurma Partners
Showing 10 recorded eventsUnlock the complete deal history →

Growth signals

Xeltis website traffic

Latest recorded traffic for Xeltis is 5.5K monthly website visits, down 63.3% over the last three months. Xeltis's team grew 14.9% over the past year.

Latest monthly visits5.5K 3-month web change-63.3% 1-year team growth+14.9%
Monthly website visits138 observations · Oct 2014–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Xeltis compared with similar companies

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Capital deployed

Xeltis investments and acquisitions

Recent portfolio relationships for companies that also act as investors or acquirers.

Talent graph

Xeltis's talent

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Team profiled 26 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

14 investors on Xeltis's cap table

Sourced from Dealroom's funding and investor records.

Seed 2 investors entered at this stage
Horizon 2020 FET (Future and Emerging Technologies)
European Innovation Council
Series A 4 investors entered at this stage
Kurma Partners
EQT Life Sciences
VI Partners
EIC Fund
Series B+ 6 investors entered at this stage
Ysios Capital
European Investment Bank
China Grand Pharmaceutical and Healthcare Holdings
Invest-NL
DaVita Venture Group
Grand Pharma
Other known 2 additional known investors
Eindhoven University of Technology
University of Zürich

Global footprint

Where Xeltis has talent and traffic

Workforce by country
10 countries with
team presence
🇳🇱 Netherlands68.8%
🇺🇸 United States12.5%
🇪🇸 Spain4.7%
🇨🇭 Switzerland4.7%
🇿🇦 South Africa1.6%
Top 5 of 10 shown

In the news

Latest news about Xeltis

Recent press, funding announcements, and product moves mentioning Xeltis — open to read from the original sources.

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Market sentiment

What the market is saying about Xeltis

An AI-synthesized read of the highest-engagement posts about Xeltis on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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