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Tech & Innovation
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Medtech Opum sold for $950k, creditors owed more than $2.7m

The Auckland University spinout was tipped into receivership by foreign investors in July.

The Opum Digital Knee.

Medtech startup Opum Technologies went into receivership owing more than $2.7 million to creditors, with unsecured creditors owed $1.5m unlikely to receive anything despite the company’s sale.

Opum was founded in 2016 as a spinout from Auckland University by Dr Andrew McDaid following a decade of

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Hamish McNicol Wed, 11 Oct 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Medtech Opum sold for $950k, creditors owed more than $2.7m
Tech & Innovation,
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