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Sunday, January 29, 2023
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ILV Silver, Dentons advise on Impress’ $125m financing round

ILV Silver has counselled Nickleby Capital, one of the investors, on Barcelona-based Impress’ $125 million Series B financing round, counselled by Dentons

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Impress, the European leader in the orthodontic sector, today announced a $125 million Series B financing round. The first closing of 100MM was made this week, helping to propel the company’s expansion into new markets as well as cement the #1 position in the existing markets. The Company is on track to make the second closing of $25 million within 60 days. Impress completely redesigned the invisible aligner industry by building hybrid, tech-driven orthodontic clinics. Something the clear aligner industry has missed until this moment.

“We created an absolutely new orthodontic experience powered by tech. All of the processes are fully digitalized thanks to Impress own product and software. This accomplishment would not have been possible without close contact between our patients and medical team, because this is the only way we can understand their needs and expectations”, says Diliara Lupenko, co-founder and COO of Impress.

The fresh financing will be used for further expansion in Europe (organic and M&A), further investment in tech and extension of the in-house production facility. “We are building the global leader in next-generation orthodontics”, emphasizes Lupenko.

ILV’s team was led by partner Jeff Singer.

Impress was advised by Dentons, with a team led by Corporate partner and Europe head of Family Office and High Net Worth Christopher Rose.

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