MIAMI and AUCKLAND, New Zealand , Aug. 26, 2025 /PRNewswire/ -- The round was led by Movac, one of New Zealand's largest and longest-standing venture capital funds. It also drew strong participation from existing investors, including Bridgewest Ventures, which led Avasa's seed round, and several new backers. The round was significantly oversubscribed and is expected to close at NZD$4.75 million.

"Avasa's Coupler is an elegant and IP-rich solution that addresses a clear pain point within a large but underserved market."

Founded by clinician-bioengineer Dr. Nandoun Abeysekera, Avasa is transforming reconstructive microsurgery. Its category-defining device, the Avasa Coupler, addresses a critical unmet need by enabling safe, fast, and standardized reconnection of micro-arteries

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