Neocis Raises $20M in Funding

neocis

Neocis, a Miami, FL-based company which specializes in robot-assisted dental implant surgery, raised $20M in funding.

Backers included Mirae Asset Capital/Mirae Asset Venture Investment, venture capital firms affiliated with the Mirae Asset Financial Group that invest in growth-stage healthcare and technology businesses, and NVentures, NVIDIA’s venture capital arm.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Alon Mozes, Neocis manufactures and markets Yomi®, a dentistry’s robotic surgical system cleared by the U.S. Food and Drug Administration (FDA). The Yomi platform, which has received a total of 16 FDA 510(k) clearances, assists clinicians during all phases of implant placement via streamlined digital planning and haptic guidance of surgical instrumentation, so users can deliver precise and efficient treatment. To date, more than 40,000 implants have been placed with robotic assistance. A dental implant is placed with it approximately every six minutes, according to current data from Neocis.

FinSMEs

12/01/2024