Novenda Applied sciences has raised 6.1 million USD to develop the applying alternatives for its multi-material 3D printing know-how.
Led by Brightlands Enterprise Companions, the Collection A funding spherical additionally drew contributions from KBC Focus Fund (Belgium), Borski Fund (NL) and Limburg Enterprise Growth Fund/LIOF (NL) in addition to a bunch of angel buyers and an Innovation Credit score from RVO.
Novenda Applied sciences was based in 2019 after conducting intensive consultations with dentists, dental technicians, and different stakeholders. The corporate has aimed to develop an answer for the dental market that would allow the manufacturing of purposes comparable to evening guards and dentures. Novenda put in its first printer on the Excessive Tech Campus in Eindhoven in 2021, with an intensive improvement course of resulting in a profitable proof of idea for evening guards and dentures in 2023.
The corporate’s 3D printing know-how has been designed to mix exhausting supplies for cover with tender supplies for consolation in a single piece. Sensible print modes have been developed to obtain exact layer management with out mechanical rollers, whereas a color administration algorithm is claimed to attain ‘limitless color prospects’ utilizing only a few base colors. Novenda says its LD100 system can produce as much as 15 nightguards and eight dentures per hour, making it best for mid-size and enormous dental labs.
Klaas Wiertzema, CEO and co-founder of Novenda Applied sciences mentioned: “The mixture of water-soluble help and the absence of mechanical interventions to compensate for imprecisions ensures unprecedented long-term accuracy and eliminates the necessity for intensive post-processing. That is notably vital in a world the place dental technicians have gotten more and more scarce and costly.”
Olga Goor, Funding Supervisor at Brightlands Enterprise Companions, added: “As lead investor, Brightlands Enterprise Companions is proud to help Novenda Applied sciences on this subsequent part of development. Their multi-material jetting know-how is a breakthrough in digital dentistry, enabling scalable, high-precision manufacturing with minimal waste and post-processing. This innovation not solely units a brand new high quality commonplace for dental merchandise but additionally enhances affordability of dental take care of sufferers which might be unable to afford options at the moment out there out there. This may finally drive the transformation of the dental trade in direction of a extra sustainable and equitable future.”
“Having an concept for a disruptive know-how is only the start. Realising this imaginative and prescient requires the precise folks, the precise drive, and the precise workforce spirit,” supplied Klaas Wiertzema. “At Novenda, we do not simply say that individuals are our most vital asset – we reside it. We’re deeply dedicated to fostering a tradition that stimulates and helps our workforce, guaranteeing that each member is motivated and empowered to attain the extraordinary. This drive for excellence is mirrored in our strategy to offering clients with probably the most dependable and user-friendly printers, mixed with the most effective help they may want for.”
Wanting forward, Novenda plans to develop its platform to different dental purposes and ultimately enter new markets the place ‘individualised mass manufacturing’ is essential.
