Dentis Transparent Orthodontics Subsidiary TNS Secures Additional 5 Billion Won Investment

Dentis (CEO Sim Gi-bong), an implant-based digital dentistry company, and its subsidiary TNS (CEO Jang Won-geon) have raised an additional investment of approximately 5 billion KRW, increasing expectations for the growth potential of their clear aligner brand, Seraphin.

According to the announcement made by Dentis on the 23rd, TNS issued 499,999,000 KRW worth of redeemable convertible preferred shares (RCPS) to LB Next Unicorn Fund, established by the venture capital (VC) firm LB Investment.

Through this capital increase, TNS newly issued 434,782 shares, bringing the total issued shares to 4,023,669 after the increase. Following the issuance of 3.75 billion KRW in RCPS last month, this second successful investment round has expanded the total investment raised this year to 8.74999 billion KRW.

Dentis explained that the funds raised by TNS will be used for research and development to advance their systems and to expand manufacturing infrastructure. In particular, they emphasized focusing on increasing production capacity (CAPA) to build service and distribution systems aimed at expanding domestic market share and entering global markets, as well as improving service efficiency and quality through the development of setup software.

A Dentis representative stated, “TNS was able to successfully secure consecutive investments by gaining recognition for Seraphin’s quality and manufacturing technology in terms of market competitiveness and growth potential. With the investments raised this year, our goal is to proactively respond to domestic and international market demand for Seraphin, further strengthen market competitiveness, and secure profitability in the digital clear aligner business through breakthrough technology.”

Meanwhile, Dentis obtained the first domestic patent for MESHEET, a newly developed clear aligner material, in October and is preparing for its launch within the year. MESHEET is expected to replace materials that have so far relied on overseas products, enhancing Seraphin’s quality and cost competitiveness.

Since software and materials are core elements of digital dentistry and the clear aligner business, Dentis plans to continue focusing on advancing the digital clear aligner platform services through collaboration with TNS, led by the 3D printer ZENITH, Seraphin-exclusive software SERASETUP and SERAVIEW, and the proprietary material MESHEET.