Miami-based Neocis, a pioneer in robotic dental surgery, has successfully raised $20 million in a new funding round to further develop its innovative robotic dental assistant. This round was led by Mirae Asset Capital/Mirae Asset Venture Investment, with NVentures, NVIDIA’s venture capital arm, also participating.
Neocis is revolutionizing dental surgery with Yomi®, the first and only robotic surgical system in dentistry cleared by the U.S. Food and Drug Administration (FDA). Yomi is a computerized robotic navigational system designed to assist in both the planning and intraoperative phases of dental implant surgery, extending its capabilities to robot-guided alveoloplasty.
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Enhancing Patient Care through Technology
The company, which collaborates closely with clinicians, is committed to advancing patient care with cutting-edge technologies. Approximately one dental implant is placed every six minutes using Yomi, demonstrating the system’s efficiency and precision. With over 40,000 implants placed to date, Yomi has received a total of 16 FDA 510(k) clearances, providing clinicians with a high level of digital planning and haptic guidance throughout the implant placement process.
A Testament to Growth and Innovation
Alon Mozes, co-founder and CEO of Neocis, expressed gratitude for the investment, highlighting it as a testament to the company’s growth and the advancements in dental robotics. The funding will support various business initiatives, including product development, sales enablement, and clinical education.
Support from Key Investors
Investors have shown strong support for Neocis’ mission to bring innovation to dentistry. Mirae Asset Capital and NVentures recognize Neocis as a transformative force in dental implant procedures, showcasing the benefits of robotics and AI in healthcare.
Expanding Business and Product Development
With this additional funding, Neocis plans to continue its mission of transforming dental surgery through robotics, collaborating with leading clinicians to develop technologies that improve quality of life across dental specialties. The company’s success is marked by its recognition as one of South Florida’s 50 fastest-growing companies and its recent expansion into a new state-of-the-art manufacturing facility.
The Startup aims to maintain its leadership in the dental surgery field by driving meaningful innovation in implant dentistry, supported by the backing of its investors and the continued success of its Yomi robotic system.
