Monday, June 24, 2013

Sonendo Finds $18M For Dental Technology

Laguna Hills-based Sonendo said Monday that it has raised $18M in a funding round, the second tranche of an equity financing announced last year. The firm, which develops technology used in root canal therapy, said the funding was led by Orbimed Advisors, and also included Themes Investment Partners, Fjord ventuers, and NeooMed Management. The company said the funding will go towards technology development, clinical studies, and commercialize its system for cleaning root canals using ultrasound. As part of the funding, Frank Yu of Themes Investment Partners has joined the company's board. More information »

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