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17 September 2021

Keystone Dental closes $25M financing for dental implant

Katherine E. Pfaff

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 Insurance. Funding was used in the transaction to acquire dental implant company, Osteon Medical.

Additional financing will be utilized in continuing investments, and efforts toward market growth. “It is a great honor to have such strong support from well-known investors on our journey of providing the global dental implant market with a comprehensive, world-class portfolio,” said Melker Nilsson, CEO of Keystone. “These funds provide us with the additional capital we need for the acquisition of Osteon Medical. In addition, this financing delivers us working capital for the further acceleration of our anticipated growth, including exploration of organic as well as other in-organic initiatives within the dental implant market. We are very excited about the opportunities ahead.”

Keystone Dental offers a digital workflow for its dental implant and biomaterials, including implant systems that utilize extracellular membrane and bone graft substitutes.

Source: https://www.globenewswire.com/news-release/2021/09/01/2289910/0/en/Keystone-Dental-Announces-Completion-of-25-Million-Financing-to-Accelerate-Growth-of-Dental-Implant-and-Digital-Dentistry-Portfolio.html

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