Freqtek Snares Strategic Investment From CareCapital

(VCBeat) Mar. 5, 2021 -- CareCapital, an investor focused on the construction of the global dental industry, today announced the strategic investment of Freqty Technology Co., Ltd. ("Freqtek"), a company with strong scientific research strength in the field of digital dental technology, to help Freqtek achieve breakthroughs in the aspects of core technology R&D, product upgrade, professional customer services and so on.

Freqtek is a developer of medical devices for digital dentistry. Its strong R&D team brings together talents in the fields of optics, machinery, electronics, computer, medicine, and so on. The team has deep cooperation with the Chinese Academy of Sciences, West China School of Stomatology of Sichuan University and other scientific research units. Freqtek is the first company in China that has the manufacturing capability of the full set of equipment based on 3D digital impression and CAD/CAM through independent R&D. The technical indicators are comparable to the world's leading level.

The self-developed products of Freqtek can meet the demand of ultra-high data density and computing speed, which solves the major problem of the low imaging speed of the digital scanner. 

At the same time, Freqtek's new-generation product, Panda2, has attracted much attention due to its small size, comfortable use and high cost performance. At present, the 3D digital oral scanning technology developed by Freqtek is the latest third-generation oral scanning technology in the world, which has introduced in China, Southeast Asia, Europe, South America, the Middle East, Africa and other markets, and has been highly praised by international and domestic dentists.

Since its founding, CareCapital has invested extensively in the dental and oral care industry in China, North America and Europe, covering products and technologies upstream, software, training and distribution in midstream to dental services downstream. The total revenue of the businesses owned or partly-owned by CareCapital is over USD 1 billion.