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GreenMark Biomedical
Minimally invasive healthcare company
About GreenMark Biomedical
GreenMark Biomedical Inc. operates as a minimally invasive healthcare company, positioning itself at the intersection of biotechnology and dental care. Founded in Michigan in 2016 by Dr. Steven Bloembergen, the firm's mission is to enable oral healthcare professionals to preserve teeth through early diagnosis and less invasive treatment options. Dr. Bloembergen, who serves as Chairman and CEO, brings over three decades of experience in biomaterials development and commercialization. His journey includes founding EcoSynthetix in 1996, a company that became a global manufacturer of bio-based nanoparticles and where the foundational technology for GreenMark was developed through a network of university collaborations. This prior venture culminated in a successful IPO on the Toronto Stock Exchange in 2011.
The company's core technology, developed in partnership with the University of Michigan, revolves around bioresorbable starch nanoparticles. These food-grade particles act as carriers for dental applications and are naturally degraded by enzymes in saliva. GreenMark's business model focuses on developing and commercializing a suite of products for dental professionals that address the prevalent issue of dental caries, or tooth decay. The company generates revenue through the sale of these products to dental clinics and professionals.
A key product is the LumiCare™ Caries Detection Rinse, which received FDA 510(k) clearance as a Class II Medical Device in April 2021. This prescription-use rinse contains fluorescently labeled starch particles that penetrate the porous subsurface of early-stage carious lesions. When a standard dental curing light is used, these particles illuminate the affected areas, enhancing visualization of pre-cavities that might otherwise be undetectable. The particles are designed to be bio-resorbed by the time a patient's appointment is over. Another product, CrystLCare™ Biorestorative, is a fluoride-free dental strip for treating sensitivity. It uses the same nanoparticle technology to deliver minerals like calcium and phosphate to block exposed dentinal tubules, providing long-lasting relief.
Source: Dealroom company dataAt a glance
- Founded
- 2016
- Headquarters
- East Lansing, United States
- Sector
- Biotech & Life Sciences
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
Blue Water Angels
Red Cedar Ventures
ID Ventures
Bluewater
University of Michigan
Michigan Rise
National Institutes of Health
Translational Resource Center
Series A1 investor entered at this stage
Gaorong Ventures
Source: Dealroom Talent Intelligence.
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