Trinity Capital Inc. Provides $50 Million in Growth Capital to LightForce
LightForce specializes in personalized orthodontics, focusing on the development and production of 3D printed dental brackets. LightForce provides orthodontists with a comprehensive braces solution that improves treatment efficiency for patients, incorporating AI to generate accurate digital representations of patient anatomy and optimal teeth positions for clinical efficiency and aesthetics.
"LightForce is bringing exciting, innovative technology to orthodontics, and enabling orthodontists to provide personalized solutions to patients," said
"We are thrilled to secure this financing from Trinity as we continue to drive growth in our business and bring personalized braces solutions to orthodontists and patients," said Alfred Griffin III, DMD, Ph.D., MMSc, CEO and co-founder of LightForce.
Trinity Capital Inc. (Nasdaq: TRIN), an internally managed business development company, is a leading provider of diversified financial solutions to growth-stage companies with institutional equity investors. Trinity Capital's investment objective is to generate current income and, to a lesser extent, capital appreciation through investments, including term loans and equipment financings and equity-related investments. Trinity Capital believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience and track record in lending to growth stage companies. For more information, please visit the Company's website at www.trinitycap.com.
LightForce Orthodontics is a digital platform providing orthodontists with fully customized, 3D printed tooth- moving tools. Founded in 2015 by Dr.
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SOURCE
Vibhor Garg, Managing Director, Marketing, Trinity Capital, Inc., vgarg@trincapinvestment.com