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Dental 3D printer manufacturer SprintRay has raised over $100 million in Series D funding, according to a Deal Street Asia report.
While led by the SoftBank Group’s Vision Fund 2, SprintRay’s funding round was also supported by Yiheng Capital and ZWC Partners, as well as long-term backers CD Capital and Marathon Venture Partners. Using its newfound capital, the firm reportedly plans to build out its business beyond its traditional US and European target markets to generate more sales in Southeast Asia.
“The penetration of dental 3D printing solutions is rising fast in the US, amid the evolving user behavior and consumption patterns of dentists and patients,” Michael Yao, a Partner at ZWC…