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Posted on 05/09/2023 in Healthcare and Medtech

Dental Tech Raises $2M

Mimetrik, a Leeds, UK-based dental technology company, has raised £2 million in seed funding. The round was led by Northern Gritstone, a venture capital firm that invests in early-stage technology companies. Other investors in the round include angel investors with experience in the dental industry.

Mimetrik will use the funds to expand its team and bring its first three products to market. The company's products use 3D scanning technology and machine learning to generate fully digitized images of patients' dentition and facial structures. This data can be used to create custom dental appliances, crowns, and bridges, as well as to plan dental procedures. Mimetrik was founded in 2020 by Dr. Alyn Morgan, Dr. Cecilie Osnes, and Professor David Wood. The company is based in the University of Leeds' state-of-the-art innovation hub at Nexus.

The funding round is a significant milestone for Mimetrik and reflects the growing interest in digital dentistry. The company's technology has the potential to revolutionize the way dental care is delivered, making it more accurate, efficient, and affordable.

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