Piscium obtains Rs 6 Cr for medical devices, targets global growth
- ByStartupStory | February 7, 2024
Piscium, a nano-technology startup specializing in medical devices, has secured Rs 6 crore in Series A funding, with Unicorn India Ventures leading the investment. According to Malay Dikshit, Founder and CEO of Piscium, “Unicorn India Ventures agreeing to come on board to fund our Series A round gives us the much-needed impetus and backing to scale up the business into an internationally renowned dental and medical device company in the near future.”
Established in 2017, Piscium is dedicated to enhancing dental and medical practices through its patented nano-diamond technology. The startup boasts a portfolio of over 10 product categories, including dental burs and alginates, aiming to reach 300,000 dentists worldwide by 2027.
“As volumes grow, Piscium is also developing its vendor ecosystem to deliver precision and quality,” the company stated. To date, Piscium has catered to over 25,000 dentists, showcasing its commitment to providing innovative solutions to the medical community.
The successful Series A funding round signifies a significant milestone for Piscium, paving the way for its expansion into the global market. With the support of Unicorn India Ventures, the company is poised to accelerate its growth trajectory and establish itself as a leader in the dental and medical device industry.
Piscium’s patented nano-diamond technology sets it apart in the medical device landscape, offering advanced solutions to enhance patient care and practitioner efficiency. The funding infusion will further fuel the development and distribution of cutting-edge products tailored to meet the evolving needs of healthcare professionals worldwide.
By focusing on precision and quality, Piscium is committed to building a robust vendor ecosystem to support its expanding customer base. This strategic approach underscores the company’s dedication to delivering innovative solutions that drive positive outcomes in dental and medical practices globally.
The investment from Unicorn India Ventures underscores investor confidence in Piscium’s business model and growth potential. It reaffirms the company’s position as a key player in the healthcare technology sector and sets the stage for its continued success in the global market.
Follow Startup Story
Related Posts
