AWAK Technologies: Funding, Investors & Team (Oct 2026)
AWAK Technologies is a company that specializes in the development of wearable dialysis machines. These machines are lightweight, weighing only 1kg, and are powered by batteries, allowing for continuous dialysis. The company received certification in September 2008 for its ISO 13485 Quality Management System, which recognizes its ability to design, manufacture, and distribute medical devices. The technology behind their product, known as the Automated Wearable Artificial Kidney (AWAK), is based on tidal peritoneal dialysis and was researched by Profs David Lee & Martin Roberts of UCLA and VA Systems. The engineering and development of the AWAK machine is conducted in Singapore in collaboration with Temasek Polytechnic. Currently, the company has completed its research and development phase and is in the clinical trial stage, aiming to obtain both FDA and CE certifications. The AWAK Regular Cartridge, which is a component of the wearable artificial kidney, is currently in the pilot production stage and is expected to undergo clinical trials by the end of 2012. This innovative device operates continuously and mimics the function of a normal kidney. Its small size, light weight, and battery-operated design allow patients to maintain their daily routines without restriction, including work, travel, and leisure activities.
AWAK Technologies has raised $20.0M across 1 funding round on record, the most recent a Series B of $20.0M announced in Sep 2023.
That round is above the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.
AWAK Technologies Company Profile and Key Stats
Latest funding round on record: Sep 2023.
AWAK Technologies Funding Rounds
AWAK Technologies Founders and Leadership Team
No contact details are on record for this team yet.
AWAK Technologies Funding Compared to Other Biotechnology Startups
AWAK Technologies' latest round of $20.0M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.
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AWAK Technologies Funding FAQs
What does AWAK Technologies do?
AWAK Technologies is a company that specializes in the development of wearable dialysis machines. These machines are lightweight, weighing only 1kg, and are powered by batteries, allowing for continuous dialysis. The company received certification in September 2008 for its ISO 13485 Quality Management System, which recognizes its ability to design, manufacture, and distribute medical devices. The technology behind their product, known as the Automated Wearable Artificial Kidney (AWAK), is based on tidal peritoneal dialysis and was researched by Profs David Lee & Martin Roberts of UCLA and VA Systems. The engineering and development of the AWAK machine is conducted in Singapore in collaboration with Temasek Polytechnic. Currently, the company has completed its research and development phase and is in the clinical trial stage, aiming to obtain both FDA and CE certifications. The AWAK Regular Cartridge, which is a component of the wearable artificial kidney, is currently in the pilot production stage and is expected to undergo clinical trials by the end of 2012. This innovative device operates continuously and mimics the function of a normal kidney. Its small size, light weight, and battery-operated design allow patients to maintain their daily routines without restriction, including work, travel, and leisure activities.
How much funding has AWAK Technologies raised?
AWAK Technologies has raised $20.0M across 1 round on record. The most recent is a Series B of $20.0M announced in Sep 2023.
When did AWAK Technologies last raise funding?
AWAK Technologies' most recent funding round on record is a Series B of $20.0M, announced in Sep 2023.
Who is the CEO of AWAK Technologies?
Neo Kok Beng is listed as CEO at AWAK Technologies.
Where is AWAK Technologies headquartered?
AWAK Technologies is based in Burbank, California, United States.
How many employees does AWAK Technologies have?
AWAK Technologies is in the 51-100 employee band.
How does AWAK Technologies' funding compare to other Biotechnology startups?
AWAK Technologies' latest round of $20.0M is above the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.
About FundedIQ's AWAK Technologies Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for AWAK Technologies is left off this page rather than filled in.
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