Mold Kits, a company that makes dental molding kits, announced on Monday that it has raised $500 million in Series B funding, according to a press release.
This funding brings the company’s total funding to $1.8 billion.
This investment is a significant milestone for the company, as it joins a growing list of companies investing in dental mold kits.
“It is the ultimate in high quality dental mold kit technology,” said Amit Singh, co-founder and CEO of Mold Kits.
“The company has been providing dental mold makers with cutting edge dental mold solutions for over 20 years.”
Mold Kits offers dental moldings that can be molded in a variety of materials, including rubber, resin, plastic, metal, ceramic, ceramic tile, glass, stainless steel, metal plate, plastic plate, glass plate, metal sheet, glass sheet, aluminum plate, aluminum foil, glass foil, metal foil, and glass fiber.
Mold Kits is also developing a line of dental mold masks, which it will sell at a lower price.
“We believe that this is the right time for us to accelerate our expansion into the health care space,” Singh said in the press release, adding that he believes that the growth of dental molds will be a boon for the industry.
According to the company website, it sells a range of dental plaster kits and dental mold materials, as well as dental mold accessories and kits for molding and dental cleaning.
“Our primary focus is to provide quality dental mould kits that can meet the needs of dentists, dental technicians, and dental therapists,” Singh explained.
The company also offers dental sealants, which can be used to seal the mouth and throat cavity.
Mold kits are designed for use by dentists and dentists alone, but are often useful for patients, dentists’ assistants, and even for patients with other health conditions, such as asthma or a compromised immune system.
In 2016, the company announced that it was launching a line called Molding Kits, which is a line that offers molding solutions for dentists.
The Molding Kit line is currently sold in 20 countries, and Singh said that he expects that the company will expand the line in India in the near future.