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AnaCardio raises €62.5M in Series B funding at lower valuation, impacting investor KDventures' portfolio value.

PRIVATESep 30, 2026

Amount Raised

€62.5 Million

Round Type

Series B

StockholmSoftwareHealth Care

Description

AnaCardio completed a €62.5M Series B funding round, though at a lower valuation than previously anticipated. KDventures AB, an existing investor, chose not to participate in the round and will write down its stake accordingly. The write-down reflects a €30.0M (49.5%) negative adjustment to KDventures' carrying value of the investment, reducing it to approximately €30.6M. AnaCardio's ownership structure now shows KDventures at approximately 2.3% on a fully diluted basis.

Company Information

Company

AnaCardio

Location

Stockholm, Stockholm County, Sweden

About

AnaCardio AB is a privately held Swedish, clinical stage biopharmaceutical company developing novel drugs to treat heart failure. AnaCardio was founded based on ground-breaking research from Karolinska Institutet showing improved contractility of the heart muscle through a unique and differentiated mechanism. Its lead program AC01 is planned to enter phase 2 clinical development in heart failure patients in 2022.

Fundz sees it the moment AnaCardio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsPatrik S., CEO hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for AnaCardio's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

AnaCardio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.