Avasa Raises $1.55M in Funding

Dr. Nandoun Abeysekera is CEO and Founder of Avasa.

Avasa, an Auckland, New Zealand-based medical device company, raised $1.55M in funding.

The round saw participation form New Zealand Growth Capital Partners, Pacific Channel, Booster Innovation Fund, Brisbane Angels, and Cure Kids Ventures, and existing investors Bridgewest Group, and Uniservices.

The company intends to use the funds to expand operations.

Led by Dr. Nandoun Abeysekera, CEO and Founder, Avasa is a medical device company dedicated to innovating surgical procedures through innovative implantable devices. Its mission is to transform reconstructive microsurgery and help patients who’ve suffered debilitating disease and deformity.

In the future, Dr. Abeysekera expects the scope of Avasa’s device to expand to other surgical fields such as organ transplants, cardiothoracic surgery and vascular surgery.