Existing investor Advanced MedTech Holdings contributed to a round that moved the portable dialysis machine developer's total funding past $60m.
Singapore-based kidney dialysis system developer Awak Technologies secured $40m in financing on Friday from investors including medical device maker Advanced MedTech Holdings.
Venture capital firm Vickers Venture Partners led the round, which also featured unnamed new investors, the Singapore government-owned Seeds Capital and undisclosed other existing backers.
Founded in 2007, Awak has developed a portable peritoneal dialysis (PD) device that can be worn by end-stage kidney disease patients while receiving dialysis treatment, potentially for up to eight hours at a…
