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Funding of £5m secured for dental technology to help prevent tooth decay

Byeditor

Apr 3, 2024

Edinburgh-based company Calcivis has recently secured £5 million in funding to launch its dental technology designed for the early detection of tooth decay. The funding round was led by £4 million from the Scottish National Investment Bank and £1 million from IFS Maven Equity Finance, managed by Maven Capital Partners. This investment will allow Calcivis to bring its flagship product to the market in the United States after receiving premarket approval from the Food and Drug Administration (FDA).

Founded in 2012 by CEO Adam Christie and CTO Bruce Vernon, Calcivis’ imaging system uses a biologic diagnostic to enable preventative treatment before tooth decay becomes irreversible. The company plans to introduce its technology in the US first, followed by a launch in the UK and other European markets.

Adam Christie, CEO of Calcivis, highlighted the importance of early diagnosis and treatment of tooth decay to prevent irreversible damage. He expressed excitement about the potential of their technology to revolutionize prevention in oral healthcare globally, as cavities affect over two billion people worldwide according to the World Health Organization.

Paul Callaghan, investment director at the Scottish National Investment Bank, emphasized Calcivis’ role in leading innovation in health technology in Scotland. He stated that the bank is proud to support the company’s growth and help expand its product into international markets, creating job opportunities in Scotland. The bank sees Calcivis’ technology as aligned with its Innovation mission and believes that the product’s launch in the UK holds significant health benefits for the people of Scotland.

By editor

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