Miami-based Neocis, the manufacturer of the only FDA-approved robot-assisted surgical system for the dental industry, announced a $72 million Series D round of financing.
Neocis' Yomi is a computerized navigational system that assists in both the preoperative and surgical phases of flapless dental implant procedures.
The robotic-assisted surgical system has been used to place more than 2,700 dental implants to date. Yomi is also being used at Boston University Henry M. Goldman School of Dental Medicine and Morgantown-based West Virginia University School of Dentistry.
"Unlike other areas of medicine, dentistry has not benefited from advances in robotics technology — leaving a huge opportunity for innovation," said Jocelyn Kinsey, partner at DFJ Growth, which led the Series D round of funding. "Neocis' unique technology and vast experience in surgical robotics, gives the company a tremendous first-to-market advantage to address the needs of this large and growing category."
Overall, Neocis has raised more than $120 million in financing.