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Hot Topic Earnings
Hot Topic Earnings
Tech & Innovation
4 mins to read

VC firm Movac leads $4.75m seed round for medtech startup Avasa

The startup will use the funds to get US regulatory approval for its arterial coupler.

Avasa's coupler would be a direct purchase by hospitals for use on patients undergoing surgery.

Movac has led a pre-Series A capital raise by Auckland medtech startup Avasa, which has done a first close of $4.75 million.

Founded by clinician-bioengineer Dr Nandoun Abeysekera in 2018, the company has developed an arterial coupler that simplifies microvascular surgery.

The current standard of

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Fiona Rotherham Mon, 25 Aug 2025
Contact the Writer: fiona@nbr.co.nz
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VC firm Movac leads $4.75m seed round for medtech startup Avasa
Tech & Innovation,
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