Promaton’s Post

Great news in the continued journey forwards for Impress!! Combining dental tech, AI, a custom built app and physical clinics to become a leader in the global heath tech market.

Today we are excited to announce our latest new investment in Nelly Solutions ’s $51M Series B. The medical payments space is incredibly fragmented between a suite of silo’d vendors e.g. out of pocket / private insurance / statutory insurance / factoring. This creates a significant amount of friction for both patients, but also the medical clinics themselves e.g. both at the point of new customer onboarding, but also in the back end when it comes to reconciling different payment systems. Itxaso and I are very grateful to Niklas, Lukas, Dr. Tobias H. and to the rest of the team at Nelly for taking us on their journey 🌟.

Great news! Our portfolio company Impress raised over €110 million in its latest funding round, strengthening their position as Europe’s largest orthodontic chain and a leading player in the health tech industry! Round led by key participants including Trinity Capital Inc., CareCapital, LBO France, and TA Ventures. This investment follows the  acquisition of DrSmile from Straumann Group, setting Impress up for strong growth across Europe. This financing is set to enhance Impress’s expansion efforts, reinforcing its standing as Europe’s largest orthodontic chain and a leading health tech company by revenue. Following its acquisition of DrSmile from the Straumann Group, the new funding will provide Impress with additional liquidity to sustain growth across Europe. Impress plans to expand its network through new clinic openings and potential market entries, aiming to make accessible, high-quality orthodontic care available to a broader patient base. #venture #venturecapital #investment #investing https://lnkd.in/eAfpAPff

We’re proud to announce KLOwen Orthodontics secures up to $25.5M in Series B funding, a major step toward expanding our reach and accelerating commercial growth. This round, led by InLight Capital and joined by existing investors JAZZ Venture Partners, Columbia Pacific Advisors, LLC, SpringRock Ventures, and Ensemble Innovation Ventures, will help us continue delivering innovative digital orthodontic solutions. “KLOwen is changing the way orthodontists run their practices through increased efficiencies and enhanced profitability,” said the Head of Private Investments at InLight Capital, Sutton Fannon. “KLOwen continues to demonstrate its capabilities to revolutionize the orthodontics industry, including its custom metal self-ligating solution, and we believe Dr. Owen and his team are positioned to transform how patients experience orthodontic treatment. We couldn’t be more thrilled to lead their Series B and support them on their journey.”  Our recent launch of the custom metal self-ligating solution has already begun revolutionizing treatment efficiency and precision in orthodontic practices. This new funding empowers us to scale faster and continue to enhance the way orthodontists provide care. “Our mission is simple—empowering orthodontists to provide customized treatments that are both effective and efficient,” said KLOwen Orthodontics CEO, Ryan Elmore. “Thank you to our investors and community for believing in our vision!” Read the full article here: https://lnkd.in/gGemvsrs #Orthodontics #SeriesBFunding #DigitalOrthodontics #HealthcareInnovation #CustomSolutions #Growth #KLOwenOrthodontics

VideaHealth, an AI-driven dentistry startup, has secured $40M in Series B funding led by Threshold Ventures with participation from Avenir Ventures, BAM Ventures, Spark Capital, Zetta Venture Partners, and Pillar VC. The company, spearheaded by its CEO Florian Hillen, aims to revolutionize dental care with AI solutions for diagnostics, workflow optimizations, and patient care. Mike Wheatley | SiliconANGLE & theCUBE https://lnkd.in/eUWD5BmU #lifesciences

Great news! Our portfolio company Impress raised over €110 million in its latest funding round, strengthening their position as Europe’s largest orthodontic chain and a leading player in the health tech industry! Round led by key participants including Trinity Capital Inc., CareCapital, LBO France, and TA Ventures. This investment follows the acquisition of DrSmile from Straumann Group, setting Impress up for strong growth across Europe. This financing is set to enhance Impress’s expansion efforts, reinforcing its standing as Europe’s largest orthodontic chain and a leading health tech company by revenue. Following its acquisition of DrSmile from the Straumann Group, the new funding will provide Impress with additional liquidity to sustain growth across Europe. Impress plans to expand its network through new clinic openings and potential market entries, aiming to make accessible, high-quality orthodontic care available to a broader patient base. https://lnkd.in/dd98fRrd #venture #venturecapital #investment #investing

Building a venture is a wild ride, and it’s something we know firsthand at Presto Dental, where we're pioneering dental tech to revolutionise oral health care for dentists, labs, and suppliers. Patience and commitment within our founding team are more crucial than ever. Think about it—developing a groundbreaking product takes time. We're in the thick of it now, working tirelessly to perfect our tech. It's not just about creating something innovative but making sure it's exactly what the industry needs. This process isn't quick, and it certainly isn't easy. That's where patience comes in. We need to give our ideas the time they need to grow and evolve. And then there's the commitment. We’re in the stage of seeking capital, which means lots of meetings, pitches, and yes, rejections. It’s tough, but our belief in Presto's potential keeps us going. We know our vision for improving oral healthcare can make a huge difference, and that’s what drives us every day. Having a founding team that’s patient and committed ensures we stay focused and motivated, even when the going gets tough. It’s this mindset that will help us overcome challenges and stay on the path to success. We’re excited about the journey ahead and grateful for the support that keeps us pushing forward. #Founders #VentureBuilding #DentalTech #Patience #Commitment #Teamwork #Innovation #HealthcareRevolution #Fundraising #Resilience #SuccessMindset #StartUpJourney #BusinessGrowth #Leadership

To those who couldn't attend the SRS 2024 conference in Orlando, Steve Bell delivered a keynote presentation on "The Robotic Surgery Landscape of Tomorrow," offering deep insights into the evolving industry. He kindly shared his slides, and here are some key highlights from his presentation: 1️⃣ Market Evolution: 2015: The primary question was, "Why should I buy a surgical robot?" 2024: The focus has shifted to, "Which robot should I buy and how many?" 2️⃣ Robotic Diversity: There are now over 160 types of surgical robots, utilized across multiple specialties including soft tissue surgery, orthopedics, spine, brain, endovascular, dental, and more. 3️⃣ Technological Innovations: Haptic Feedback: Restoring the sense of touch to surgeons. Advanced Vision Systems: Incorporating fluorescence, 4K, and augmented reality to enhance precision. Smart Instruments: Development of smart staplers and multifunctional tools to improve efficiency and outcomes. 4️⃣ Overcoming Barriers: Cost: Transitioning to pay-per-procedure models to make robots more accessible. Workflow Integration: Simplifying robotic integration into existing surgical workflows. Data Connectivity: Creating connected ecosystems to generate valuable procedural data, improving training, and patient outcomes. 5️⃣ Market Predictions: Next 10 Years Global Market Share: Intuitive (60%), Medtronic (15%), JNJ Ethicon (10%), Others (15%). US Market Share: Intuitive (78%), Medtronic (10%), JNJ Ethicon (10%), Others (2%). 6️⃣ Key Questions for the Future: "Why don’t more surgeons adopt robotic surgery?" "How can technology enable more robotic procedures?" For a deeper dive into the future of medtech, visit Steve Bell's website at howtostartupinmedtech.com. #SurgicalRobotics #MedTechInnovation #HealthcareRevolution #MedicalDevices #SRS2024 Credit: Steve Bell

VideaHealth, the leading dental AI company, has raised $40 million in an oversubscribed Series B round led by Emily Melton (Threshold Ventures), with participation from Avenir, BAM Corner Point, Spark Capital, Zetta Venture Partners, and Pillar VC. Since its 2022 launch, VideaHealth has become the AI leader for dental service organizations (DSOs) and is now expanding into new markets. CEO Florian Hillen emphasized that AI-driven workflows are transforming oral care, helping DSOs and clinicians boost patient outcomes, streamline operations, and drive practice growth. The company’s partnerships with Heartland Dental, DentalCorp, and Henry Schein One highlight its rapid industry adoption. With dentistry projected to grow from $500B in 2025 to over $750B by 2034, AI is critical for improving diagnostics, enhancing workflows, and addressing staffing shortages. This funding will accelerate VideaHealth’s expansion, introduce AI-powered workflow tools, and strengthen revenue cycle management solutions for dental practices. https://lnkd.in/ej2ifYxg #DentalAI #HealthTech #AI #Innovation #VideaHealth #DSOs #Funding #AIinDentistry #OralCare #DigitalTransformation Simon Paulin Tennli Nelson

Do you want to know more about the latest advances in in silico dentistry? We will be participating in Web Summit Lisbon in November, invited by the Eureka Network Come to Eureka's stand to chat if you are curious about how numerical simulation is revolutionizing the dental and maxillofacial industry! https://lnkd.in/drSG6YBy #insilico #digitaldentistry #simulation #dentalfem #oralsim #digitaltwins #implantology #dentalimplants