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Hello reader,
To paraphrase a meme: If I had a dollar for each time I write – in today’s newsletter – about a company that offers dental solutions, I’d have two dollars. Which isn’t a lot, but it’s strange that it happened twice.
Global Dental Services and Imagoworks are the firms in question, but healthtech in general is getting a boost: Speedoc and SIMR also closed funding deals this past week. If this all leads to better and more accessible healthcare for everyone, sign me up to write about teeth every week.
Image credit: Timmy Loen
You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals and M&As that recently took place.
The biggest deals by country
🇮🇳 Global Dental Services: The India-based dental network has raised US$66 million in a round led by Investcorp.
🇸🇬 Speedoc: The Singapore-based firm, which sends doctors and nurses on house calls and provides medication delivery services, has bagged US$28 million in a pre-series B fundraise. The participating investors include Shinhan Venture Investment, Mars Growth Capital, Vertex Ventures SEA & India, and Bertelsmann Investments.
🇨🇳 SIMR: The Chinese innovation-oriented biopharmaceutical company dedicated to the discovery and development of new drugs for pain, inflammation, and diseases related to the central nervous system has closed a US$20.7 million series C round. Investors include Tian Rui Feng Nian Private Fund, Huarui, and Guanzi Venture Capital.
🇰🇷 Imagoworks: This South Korean firm offers a web-based dental computer-aided design solution using AI, streamlining the digital workflow for dental professionals. It has raised US$8 million in series B funding from investors including Company K Partners, KB Investment, and InterVest.
🇮🇩 Broom: This Indonesia-based automotive financing startup that gives vehicle dealers access to short-term loans has secured a US$6 million debt facility from DBS Indonesia.
Startups that are raising funds
Killer pitch decks
Exclusive listicles
Thoughtful reads
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