The orthopaedic specialist has raised $89m in a series E round supported by investment group Axel Johnson and Asia-based government-backed investment funds.

US-based medical device company ConforMIS secured $89m in series E financing on Monday, with further funds committed upon fulfilment of specific milestones. Investors included investment group Axel Johnson, asset management firm AGC Equity Partners and unnamed government-backed funds from Asia and the United Arab Emirates.

ConforMIS previously raised $74.9m in a series D round that closed in December 2009, and which saw investment from private equity fund Aeris Capital and additional unnamed equity funds. Altogether, ConforMIS has now raised $252.6m…