Novenda Technologies has secured $6.1 million in funding to advance its innovative multi-material 3D printing technology aimed at revolutionizing dental product manufacturing.
Target Information
Novenda Technologies, established in 2019 by Klaas Wiertzema, Petra Doelman, and Joost Anne Veerman, is revolutionizing the dental product manufacturing process through advanced multi-material 3D printing technology. The company emerged from thorough market research and collaboration with dental professionals, allowing it to create innovative solutions tailored to the dental industry's needs. By 2021, Novenda installed its first printer at the High Tech Campus in Eindhoven, setting the stage for significant developments in dental product fabrication, including a successful proof of concept for nightguards and dentures in 2023.
The company's proprietary technology represents a fundamental change in how dental products are made, combining both hard and soft materials in a single print. This innovative approach not only boosts manufacturing efficiency but also enhances the aesthetic appeal and personal comfort of dental products, catering to the growing demand for high-quality, accessible dental care.
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Industry Overview
The dental industry is undergoing substantial transformations, driven by various factors including the rising cost of dental care and increasing sugar consumption, which has led to higher instances of oral diseases worldwid
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Disclosed details
Transaction Size: $6M