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The companys product offers several benefits, including different sizes suitable for 95% of the population and a delivery system that saves on costs. Edwards Lifesciences, which acquired Valtech in 2017, did not acquire Cardiovalves next-generation product but has invested in the company. Cardiovalve has received about $40 million in investments, and the market for minimally invasive mitral valve replacement is estimated at $3-3.5 billion. The company aims to begin trials for marketing approval in Europe later this year and enter the market in about four years. Cardiovalve has also developed a product for the tricuspid valve.","partners":null,"customers":null,"investors":"Peregrine Ventures, GlenRock, Pertec Management, OXO Capital Valve Ventures, NGN Capital, Edwards","confidence":9,"key_topics":["minimally invasive valve replacement","mitral valve","product development","investment","market entry"],"date_of_event":"August 25, 2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$40 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"LqaDS7HEqKvBEarXktEIoX1JcAxuzW2ZlDbBcHllIQJtHkz1TTMex9","news_summary":"Cardiovalve simplifies heart valve replacement","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"61fd9a59-d1d5-4b51-ad2f-b6535b33775b","date":"Feb 20, 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