Healthcare | Irvine, California

Diality Closes $12.5 Million Series B Financing for Portable User Friendly Hemodialysis System

Diality, a medical device company developing a portable, user friendly hemodialysis system, closed a $12.5 million Series B investment round. Dialysis delivery needs to be decentralized in response to covid-19 and the rising cost and ineffectiveness of in-center dialysis. Funding will be used to enable submitting to acquire the US FDA 510(k) clearance enabling it to enter US markets. [Full story]