3.5 million euros for K Line Europe
The start-up intends to use the capital raised to expand into Asia, North America and the Middle East.
The start-up K Line Europe has raised 3.5 million euros as part of a Series A financing round, according to Tech EU reports. The round was led by the Finnish investor Maki.vc. The company intends to use the new capital to continue its expansion in Europe and open up new markets in Asia, the Middle East and North America.
The start-up offers orthodontic patients a monitoring system for their dental splints. This allows patients to check the progress of their dental corrections and make changes to their aligners themselves instead of going to the orthodontist regularly. The company, which was founded in 2014, also manufactures its own dental splints. According to the company, K Line is represented in over 25 countries and employs more than 100 people.
"K Line has developed a great product that has already attracted the interest of some of the biggest names in dentistry," says Ilkka Kivimäki, founding partner of Maki.vc. Medical technology is in urgent need of new technological advances.
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