Dentlink raises $7.8M Series B to scale digital dental labs abroad
What's the deal? Innovide, which runs the dental lab service Dentlink, has raised 12,000,000,000 KRW (about $7.8 million) in a Series B round.
SBVA led the round. IBK Industrial Bank of KoreaDealroom has a profile for this one. Try Dealroom → joined as a new investor, while existing backers Wonik Investment PartnersDealroom has a profile for this one. Try Dealroom →, TransLink Investment, and Murex PartnersDealroom has a profile for this one. Try Dealroom → followed on.
Dentlink digitises the entire dental prosthetics process — from data capture and dentist-to-technician communication to production, quality control, and logistics. It says this cut the remake rate for prosthetics from around 10% to about 1%.
The company will use the funds to expand in the US and Australia and to build an automated prosthetics manufacturing centre in South Korea, including a robot-linked production line.
Why now? Dentlink serves dental clinics across six countries — the US, Australia, Canada, New Zealand, Singapore, and the UK.
Its client count and revenue have grown more than 2.5 times year-on-year. It has also signed a strategic partnership with StraumannDealroom has a profile for this one. Try Dealroom →, the world's largest implant maker.
What could go wrong? Scaling cross-border manufacturing is hard, and competing in mature dental markets like the US demands consistent quality and customer retention.
SBVA's Jeong Na-young pointed to a 95% paying-customer retention rate in the US as evidence the model holds.
The signal: The round draws in IBK Industrial Bank of Korea, a corporate investor, alongside lead backer SBVA, signalling institutional confidence in Innovide's plan to pair Korean dental lab infrastructure with cross-border manufacturing. With clients in six countries and a strategic partnership with implant maker Straumann, the company is positioning Korean healthcare manufacturing expertise as an export.
Read more: Wowtale
Image credit: AI-generated image (Gemini)
