Trinity Capital Inc. Provides $50 Million in Growth Capital to LightForce
Trinity Capital Inc. (NASDAQ: TRIN) has committed $50 million in growth capital to LightForce, a company specializing in the world's first fully personalized 3D printed braces system. LightForce utilizes AI technology to generate accurate digital representations of patient anatomy and optimal teeth positions, improving treatment efficiency and aesthetics in orthodontics.
Ryan Kaeding, Managing Director of Life Sciences at Trinity, expressed excitement about partnering with LightForce and supporting their mission to empower orthodontists in creating unique bites and smiles for patients. Alfred Griffin III, CEO and co-founder of LightForce, stated that the financing from Trinity will help drive growth in their business and bring personalized braces solutions to orthodontists and patients.
Trinity Capital Inc. (NASDAQ: TRIN) ha impegnato 50 milioni di dollari in capitale per la crescita verso LightForce, una società specializzata nel primo sistema di apparecchi ortodontici stampati in 3D totalmente personalizzati al mondo. LightForce utilizza la tecnologia AI per generare rappresentazioni digitali accurate dell'anatomia dei pazienti e delle posizioni ottimali dei denti, migliorando l'efficienza del trattamento e l'estetica in ortodonzia.
Ryan Kaeding, Direttore Generale delle Scienze della Vita presso Trinity, ha espresso entusiasmo per la collaborazione con LightForce e per il supporto alla loro missione di dare potere agli ortodontisti nel creare morsi e sorrisi unici per i pazienti. Alfred Griffin III, CEO e co-fondatore di LightForce, ha dichiarato che il finanziamento di Trinity contribuirà a guidare la crescita della loro attività e a portare soluzioni di apparecchi ortodontici personalizzati agli ortodontisti e ai pazienti.
Trinity Capital Inc. (NASDAQ: TRIN) se ha comprometido a invertir 50 millones de dólares en capital de crecimiento en LightForce, una empresa especializada en el primer sistema de brackets impresos en 3D totalmente personalizados del mundo. LightForce utiliza tecnología de IA para generar representaciones digitales precisas de la anatomía del paciente y las posiciones óptimas de los dientes, mejorando la eficiencia del tratamiento y la estética en ortodoncia.
Ryan Kaeding, Director Gerente de Ciencias de la Vida en Trinity, expresó su entusiasmo por asociarse con LightForce y apoyar su misión de empoderar a los ortodoncistas en la creación de mordidas y sonrisas únicas para los pacientes. Alfred Griffin III, CEO y cofundador de LightForce, afirmó que la financiación de Trinity ayudará a impulsar el crecimiento de su negocio y a llevar soluciones de brackets personalizados a ortodoncistas y pacientes.
Trinity Capital Inc. (NASDAQ: TRIN)은 세계 최초의 완전 개인 맞춤형 3D 프린팅 교정기 시스템을 전문으로 하는 회사인 LightForce에 5000만 달러의 성장 자본을 투자하기로 결정했습니다. LightForce는 AI 기술을 이용하여 환자의 해부학과 최적의 치아 위치를 정확하게 디지털로 표현하여 교정 치료의 효율성과 미학을 개선합니다.
Trinity의 생명과학 부문 관리 이사인 Ryan Kaeding은 LightForce와의 협력에 대한 기대감을 표현하며, 어린이와 환자를 위한 독특한 교합과 미소를 창조하는 데 있어 치과 의사에게 힘을 주는 사명을 지원하겠다고 밝혔습니다. LightForce의 CEO이자 공동 창립자인 Alfred Griffin III는 Trinity의 자금 지원이 비즈니스 성장에 도움이 되고 개인 맞춤형 교정기 솔루션을 치과 의사와 환자에게 제공하는 데 기여할 것이라고 말했습니다.
Trinity Capital Inc. (NASDAQ: TRIN) a engagé 50 millions de dollars en capital de croissance pour LightForce, une entreprise spécialisée dans le premier système de gouttières imprimées en 3D entièrement personnalisé au monde. LightForce utilise la technologie IA pour générer des représentations numériques précises de l'anatomie des patients et des positions optimales des dents, améliorant ainsi l'efficacité des traitements et l'esthétique en orthodontie.
Ryan Kaeding, Directeur Général des Sciences de la Vie chez Trinity, a exprimé son enthousiasme à l'idée de collaborer avec LightForce et de soutenir leur mission de donner les moyens aux orthodontistes de créer des morsures et des sourires uniques pour les patients. Alfred Griffin III, PDG et co-fondateur de LightForce, a déclaré que le financement de Trinity contribuera à la croissance de leur activité et à apporter des solutions de gouttières personnalisées aux orthodontistes et aux patients.
Trinity Capital Inc. (NASDAQ: TRIN) hat 50 Millionen Dollar für Wachstumskapital in LightForce investiert, ein Unternehmen, das sich auf das weltweit erste vollständig personalisierte 3D-gedruckte Zahnspangensystem spezialisiert hat. LightForce verwendet KI-Technologie, um genaue digitale Darstellungen der Anatomie der Patienten und der optimalen Zahnpositionen zu generieren, was die Behandlungseffizienz und Ästhetik in der Kieferorthopädie verbessert.
Ryan Kaeding, Geschäftsführer der Life Sciences bei Trinity, äußerte seine Begeisterung über die Partnerschaft mit LightForce und die Unterstützung ihrer Mission, Kieferorthopäden zu ermächtigen, einzigartige Bisse und Lächeln für Patienten zu schaffen. Alfred Griffin III, CEO und Mitbegründer von LightForce, erklärte, dass die Finanzierung von Trinity das Wachstum ihres Unternehmens vorantreiben und personalisierte Zahnspangenlösungen zu Kieferorthopäden und Patienten bringen wird.
- Trinity Capital Inc. (TRIN) committed $50 million in growth capital to LightForce
- Investment in innovative 3D printed braces technology with AI integration
- Potential for business growth and market expansion in orthodontics sector
- None.
Insights
Trinity Capital's
LightForce's fully personalized 3D printed braces system represents a significant leap in orthodontic technology. The integration of AI for generating accurate digital representations of patient anatomy is particularly noteworthy, as it could potentially improve treatment outcomes and efficiency. This technology addresses a important pain point in orthodontics: the need for more precise, patient-specific treatments. The potential for reduced treatment times and improved patient comfort could drive rapid adoption among orthodontists. However, the success of this technology will hinge on clinical validation and cost-effectiveness compared to traditional braces and clear aligners. The orthodontics community will be watching closely for peer-reviewed studies demonstrating the superiority of this approach in terms of treatment outcomes and patient satisfaction.
The orthodontics market is ripe for innovation and LightForce's personalized 3D printed braces system could be a game-changer. With the global clear aligners market expected to reach
LightForce specializes in personalized orthodontics, focusing on the development and production of 3D printed dental brackets. LightForce provides orthodontists with a comprehensive braces solution that improves treatment efficiency for patients, incorporating AI to generate accurate digital representations of patient anatomy and optimal teeth positions for clinical efficiency and aesthetics.
"LightForce is bringing exciting, innovative technology to orthodontics, and enabling orthodontists to provide personalized solutions to patients," said Ryan Kaeding, Managing Director, Life Sciences at Trinity. "We are excited to partner with the LightForce team and support them on their mission to empower the experts to create the unique bite and smile that every patient deserves."
"We are thrilled to secure this financing from Trinity as we continue to drive growth in our business and bring personalized braces solutions to orthodontists and patients," said Alfred Griffin III, DMD, Ph.D., MMSc, CEO and co-founder of LightForce.
Trinity Capital Inc. (Nasdaq: TRIN), an internally managed business development company, is a leading provider of diversified financial solutions to growth-stage companies with institutional equity investors. Trinity Capital's investment objective is to generate current income and, to a lesser extent, capital appreciation through investments, including term loans and equipment financings and equity-related investments. Trinity Capital believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience and track record in lending to growth stage companies. For more information, please visit the Company's website at www.trinitycap.com.
LightForce Orthodontics is a digital platform providing orthodontists with fully customized, 3D printed tooth- moving tools. Founded in 2015 by Dr. Alfred Griffin, DMD, PhD, MMSc, along with Dr. Lou Shuman, DMD, CAGS, LightForce is revolutionizing the specialty through advanced manufacturing and technology. After five years of extensive research and development, LightForce launched its first product to the orthodontic market - the world's first and only fully customized 3D printed bracket system and digital treatment software. Today, LightForce cases are improving the orthodontic experience, finishing cases up to
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SOURCE Trinity Capital Inc.
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