Home » Dental care startup Odne raises US$5.5 million in Series A1 funding

Dental care startup Odne raises US$5.5 million in Series A1 funding

The Series A1 round was by Revere Partner (NY) and NV Capital (LIE) with participation from Dental Innovation Alliance (DIA), Plug&Play, Hatcher, Züricher Kantonalbank, as well as various family offices and angel investors.

By Startup Funding News
Odne Ltd raises $US5.5 million in Series A1 funding.

Odne Ltd, a Swiss dental care startup, raised US$5.5 million (CHF 4.8 million) in Series A1 funding to fund the upcoming US market launch of its technology platform for root canal debridement and obturation including: the first hydro-dynamic cavitation device using saline as main debridement medium, and the first FDA cleared highly flowable, light-cured obturation material.

The Series A1 round was by Revere Partner (NY) and NV Capital (LIE) with participation from Dental Innovation Alliance (DIA), Plug&Play, Hatcher, Züricher Kantonalbank, as well as various family offices and angel investors.

With new funds, Odne (Onde Ltd and Odne Inc) intends to scale up and commercialize its Endodontics technology platform. Endodontics is field of dental medicine that deals with root canal treatments, has been marred by complexity and unpredictability. Odne AG is on a mission to change that.

Commenting on the funding news, Andreas Schmocker, CEO & Co-Founder of Onde, said: “With over 15 million root canal treatments per year, the US is the biggest market worldwide and our number one focus. Currently, we are performing a Priority Access Program to deepen the use of our products with selected US key opinion leaders. At the annual meeting of the American Association of Endodontists (AAE) in April, in Los Angeles, we will introduce the Odne RPT workflow solution to the endodontic community.”

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