HOME - Companies - News
 
 
23 July 2021

uLab earns $54.5M in series E

Katherine E. Pfaff


Clear aligners company, uLab Systems, has received $54.5 million in an oversubscribed series E financing. The funding will help the company in the commercialization and development of its AI-assisted platform. 

"This is a major milestone for uLab as it provides the necessary resources to accelerate our commercial ramp and enable us to be a formidable player in the clear aligner category," said Mark Foley, chairman of the board at uLab. "We are very pleased to see the validation of our technology and business model by investors who are intimately familiar with the market and uLab's innovative technology. In addition, orthodontists have recognized that innovation and pricing leadership in this market come from uLab and not from the larger companies in this space. As a result, they want to support and participate in the rapid growth and potential being generated by the company."

The funding round included investors who had previously been investing with the company, as well as a group of orthodontists. The AI-backed platform aids treatment planning, quick delivery, and customizable delivery of aligners and brackets. 


Source: https://www.prnewswire.com/news-releases/ulab-systems-secures-54-5m-in-series-e-financing-301325834.html


Related articles

Maker of clear aligners, uLab Systems, has launched a custom packaging service for its uSmile aligners. The company, which offers uSmile and uDesign software to plan aligner treatment, claims the...


Market analysts, ResearchAndMarkets, forecast that the global clear aligners market will grow to $8,708.67 million by 2028. The uptick is expected to reach a CAGR of 18.2% from a value of $2,430.84...


 Fortune Business Insights' market analytics firm forecasts that the US clear aligners market will reach $4.55 billion by 2028, based on a CAGR of 17%.


In the latest issue (May 2020) of the American Journal of Orthodontics and Dentofacial Orthopedics a randomized clinical trial was published evaluating  the...


Read more

Philips Avent, a mother, and childcare product corporation, has launched a new line of products, including an orthodontic-friendly pacifier. The new line is designed to aid in feeding babies and to...


Author: Giacomo Tarquini

Periodontitis is an inflammatory disease caused by the formation of a bacterial biofilm that, especially in predisposed subjects, may lead to periodontal ligament destruction and alveolar bone...


Independent dental implant and oral healthcare company, Keystone Dental Inc., completed a financing round that netted $25 million, led by investors, Nantahala, and joined by Accelmed and Migdal...


Dental caries and tooth wear remain an oral public health issue affecting nearly 100% of the adult population.  When the amount of lost tooth structure is important, often either a complete...


According to a recent report, Valuates Reports, a market analysis firm, has forecast the dental consumables market to grow at a CAGR of 3.9% between 2021 and 2027. The market is expected to reach...


 
 
 
 
 
 

Most popular

 
 

Events

 
 

Copyright © 2021 - All Rights Reserved
ISSN 2767-1178

Top