Smartee Raises Us$ 80 Million In Series D Funding
03/23/22, 8:40 AM
Location
Money raised
$80 million
Round Type
series d
In March 2022, Smartee announced that it has closed its Series D funding round of US$ 80 million. This round of financing was led by Beijing Taikang Investment, followed by China Resources Consumer Fund II, Jiaxing Science City, Zhangjiagang Industrial Investment etc. and some existing shareholders. This round of financing will accelerate Smartee's industrial layout in the field of invisible orthodontics, promote the continuous R&D and innovation of invisible orthodontic technology, strengthen brand building and team development, and advance the further expansion of the market share of its core products in domestic and overseas markets.
Company Info
Location
beijing, beijing, china
Additional Info
The company carefully manages the financing rhythm and focuses more on growing the company with business revenue. Smartee has medical design centers with a team of hundreds of staff and built self-developed whole process automatic intelligent manufacturing bases in Jiaxing, Zhejiang Province and Ziyang, Sichuan Province (Chinese Dental Valley). Smartee is one of the leading brands in the invisible orthodontics industry in China and the top Chinese provider of clear aligners with the largest market share overseas, expanding its business to markets including the USA, Canada, Columbia, Mexico, UK, Spain, Portugal, Saudi Arabia, Egypt, Australia, Singapore, Philippines and Thailand etc.From Angel to Series D funding