GBAF Logo
Finance

French heart prosthesis firm Carmat at risk of insolvency by end-June

Published by Global Banking & Finance Review

Posted on June 20, 2025

1 min read

· Last updated: January 23, 2026

Add as preferred source on Google
French heart prosthesis firm Carmat at risk of insolvency by end-June
innovation financial crisis raising capital
Global Banking & Finance Awards 2026 — Call for Entries

(Reuters) -French heart prosthesis company Carmat is in a critical financial situation and will be at risk of insolvency by the end of this month, it said in a statement on Friday. Carmat needs 3.5

Carmat Faces Insolvency Risk Without Urgent Funding by June End

(Reuters) -French heart prosthesis company Carmat is in a critical financial situation and will be at risk of insolvency by the end of this month, it said in a statement on Friday.

Carmat needs 3.5 million euros ($4.04 million) to avoid insolvency by the end of June, it said.

It said it is actively exploring financing options and is launching a campaign seeking donations through an online platform.

($1 = 0.8673 euros)

(Reporting by Mathias de Rozario in Gdansk; Editing by Jan Harvey)

Key Takeaways

  • Carmat risks insolvency by end of June without funding.
  • The company needs 3.5 million euros to stay afloat.
  • Carmat is exploring financing options and seeking donations.
  • The financial situation is critical for the French firm.
  • Carmat's efforts include an online donation campaign.

Frequently Asked Questions

What financial situation is Carmat currently facing?
Carmat is in a critical financial situation and is at risk of insolvency by the end of June.
How much funding does Carmat need to avoid insolvency?
Carmat needs 3.5 million euros (approximately $4.04 million) to avoid insolvency by the end of June.
What steps is Carmat taking to secure funding?
Carmat is actively exploring financing options and has launched a campaign seeking donations through an online platform.

Tags

Related Articles

Image for Trump tells Fox News Iran can call US if it wants to negotiate

Trump tells Fox News Iran can call US if it wants to negotiate

Image for Australia's Wong to visit Japan, China, South Korea to discuss energy security

Australia's Wong to visit Japan, China, South Korea to discuss energy security

Image for Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Image for Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Image for Russian defence minister visits North Korea

Russian defence minister visits North Korea

Image for Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says

Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says

More from Finance

Explore more articles in the Finance category

Image for Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Image for Germany's far-right AfD rises to record 28%, INSA poll shows
Germany's far-right AfD rises to record 28%, INSA poll shows
Image for German government suspects Russia of Signal attack targeting politicians, sources say
German government suspects Russia of Signal attack targeting politicians, sources say
Image for Romania finds parts of second drone after overnight Russian attack on Ukraine
Romania finds parts of second drone after overnight Russian attack on Ukraine
Image for China condemns EU's inclusion of Chinese entities in sanctions package against Russia
China condemns EU's inclusion of Chinese entities in sanctions package against Russia
Image for Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Image for Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Image for France's Macron says EU mutual assistance clause is unambiguous
France's Macron says EU mutual assistance clause is unambiguous
Image for US to let Venezuela pay Maduro's lawyer in drug trafficking case
US to let Venezuela pay Maduro's lawyer in drug trafficking case
Image for Italy votes down equal parental leave while fathers redefine their role online
Italy votes down equal parental leave while fathers redefine their role online
Image for German auto industry faces even tougher competition as China economy slows
German auto industry faces even tougher competition as China economy slows
Image for Romania says drone fragments damage property during overnight Russian attack on Ukraine
Romania says drone fragments damage property during overnight Russian attack on Ukraine
View All Finance Posts