LightForce Orthodontics raises funds expand dental technology

10 September 2020 (Last Updated September 11th, 2020 15:48)

LightForce Orthodontics, which specialises in manufacturing fully customisable 3D-printed bracket systems, has raised $14m in a Series B round led by Tyche Partners.

LightForce Orthodontics raises funds expand dental technology
LightForce allows orthodontists to utilise its 3D-printing technology to create custom braces for each individual patient, significantly reducing the number of adjustment visits needed. Credit: Business Wire.

LightForce Orthodontics, which specialises in manufacturing fully customisable 3D-printed bracket systems, has raised $14m in a Series B round led by Tyche Partners.

The company also received follow-on investment from Matrix Partners and AM Ventures.

LightForce enables orthodontists to use its 3D-printing technology to develop custom braces for each individual patient.

It significantly reduces the number of in-person dental visits for the patient, minimising their risk, as well as that of the orthodontists and their teams during the Covid-19 pandemic.

LightForce said it plans to use funds to develop its technology and product offerings. Additionally, the company will scale up its operations to meet the ongoing spike in demand for more efficient dental technologies.

Tyche Partners managing partner Weiji Yun said: “We are always looking for visionary entrepreneurs, utilising the latest cutting-edge technologies to transform and revolutionise industries.

“Alfred and Lou’s inspirational vision offered us an opportunity to expand our 3D-printing investment portfolio and the company’s rapid growth is proof that the industry is primed for a solution that improves the orthodontic experience for patients and doctors alike.”

LightForce offers LightPlan treatment software, Cloud Brackets braces, patient-specific indirect bonding (IDB) tray called LightTray and TurboTrays for bite correction.

The company’s technology uses ceramic material, which looks similar to virtual injection-moulded brackets formulated for 3D-printing.

LightForce CEO and co-founder Dr Alfred Griffin III said: “We are seen LightForce provide shorter treatment times, fewer appointments and an overall more efficient experience for patients and doctors. In the last year, our business has doubled every quarter, and that tells me that LightForce has pinpointed a true need within the orthodontic space.

“We look forward to growing with our investors, partners and the orthodontic community to provide the best experience and outcomes for our patients.”