High-Tech Gruenderfonds Invests in New Dental Surgery Microscope – dentaZOOM®
dentaZOOM® is a new dental surgery microscope, which in recent years has been developed by dentaZOOM GmbH from Berlin. The team of dentaZOOM GmbH managed to win a seed financing from the High-Tech Gruenderfonds (HTGF) to start the serial production and worldwide marketing of this unique surgery microscope.
In order to secure the quality and safety in modern dental treatments, more than 60% of all dentists in Germany already use so-called optical magnifying tools, like for example dental loupes or conventional surgery microscopes. While dental loupes provide dentists only limited support, the functionalities of conventional surgery microscopes are clearly more extensive. However, such conventional microscopes are difficult to handle, have limited flexibility in daily use due to their size and weight and on top of that the acquisition costs are very high.
With its clearly more compact, monocular surgery microscope, dentaZOOM® is positioned in an attractive market segment between the existing market solutions. The device will be granted in 2013 and launched in early 2014. The dentaZOOM® has already been awarded with the ‘Dental Innovation Award’ by the German Foundation for Innovative Dentistry (Stiftung Innovative Zahnmedizin).
“The patent pending dentaZOOM® has already created high interest of many industry experts. We are convinced that the device will experience strong demand in the dental market,” said Dr. Matthias Dill, Investment Manager at HTGF. “dentaZOOM GmbH offers a promising investment potential in order to participate successfully in the market growth of dental devices. Not only the innovation, but also the short time to market and the experienced management team have been decisive arguments for our decision to invest in dentaZOOM.”
‘The participation of HTGF offers us the sole opportunity to accelerate the planned market introduction. Besides, we take advantage of the broad network of HTFG,’ adds Klaus-Peter Jurkat, dentist and inventor of the dentaZOOM®.
About dentaZOOM GmbH
dentaZOOM GmbH was founded by dentist Klaus-Peter Jurkat. Based on multiple year practical experience and knowledge about daily needs, dentaZOOM GmbH develops and sells innovative dental microscopes.
About High-Tech Gruenderfonds
High-Tech Gruenderfonds (HTGF) invests in young, high potential high-tech start-ups. The seed financing provided is designed to enable start-ups to take an idea through prototyping and to market launch. Typically, High-Tech Gruenderfonds invests EUR 500,000 in the seed stage, with the potential for up to a total of EUR 2 million per portfolio company in follow-on financing. Investors in this public/private partnership include the Federal Ministry of Economics and Technology, the KfW Banking Group, as well as strategic corporate investors including ALTANA, BASF, B. Braun, Robert Bosch, CEWE Color, Daimler, Deutsche Post DHL, Deutsche Telekom, Evonik, Lanxess, media + more venture Beteiligungs GmbH & Co. KG, METRO, Qiagen, RWE Innogy, SAP, Tengelmann and Carl Zeiss. High-Tech Gruenderfonds has about EUR 573.5 million under management in two funds (EUR 272 million HTGF I, EUR 301.5 million HTGF II).