Stout acted as the exclusive financial advisor to PlusDental in the successful completion of its EUR 32 million funding round led by Hong Kong-based Ping An Global Voyager Fund (“Ping An”). Existing investors HV Holtzbrinck Ventures and Lakestar also participated in the round, as well as Christian Wegner, founder of the Berlin-based “re-commerce” platform Momox.
PlusDental is a Berlin-based, leading health-tech company specializing in the digitalization of dental treatments. The company has developed a digital platform for aesthetic orthodontic corrections and has already treated many thousands of patients together with its strong network of more than 70 local partner dentists. PlusDental offers its digital dentistry platform for patient acquisition and treatment monitoring, as well as training and laboratory products to registered partner dentists in five European countries: Germany, Austria, Switzerland, Great Britain, and Spain. The company manufactures its products in its own laboratory in Germany. PlusDental is a leading brand for high-quality, affordable aesthetic dental corrections with a mission to provide the general public with broad access to innovative dental services.
Established in 2017 by Ping An, the Ping An Global Voyager Fund is an investor in growth stage fintech and health-tech companies. The fund typically invests between $15 million and $50 million in non-control positions in companies where an affiliation with Ping An is likely to create significant value over time. The fund has invested approximately $300 million across Europe, Asia and North America.