Graphy, a South Korean company specializing in integrated 3D printing solutions based on advanced material technologies, announced on the 30th that it has successfully secured KRW 5 billion (approximately USD 3.8 million) in a pre-IPO (Initial Public Offering) investment round.  

The company plans to submit its preliminary application for a KOSDAQ listing in January next year. In August, Graphy passed a major milestone in the listing process by receiving an ‘A’ grade from two evaluation agencies during a technology assessment. This recent investment, made amid global economic uncertainties, is significant as it accelerates the listing process and establishes a strategic foundation for global market expansion. These efforts have significantly strengthened Graphy’s technological edge and attracted cumulative investments exceeding KRW 40 billion (approximately USD 30.4 million) from domestic and international financial institutions and venture capital (VC) firms.  

Founded in 2017, Graphy specializes in the development and manufacturing of advanced materials for 3D printers, with a focus on photopolymer-based 3D printing materials and dental products. Notably, its “Shape Memory Aligner,” introduced in 2018 as the world’s first, has been recognized as a groundbreaking innovation in orthodontics. This product, manufactured using 3D printing technology, features shape-memory properties that deliver consistent corrective force within the oral cavity, significantly improving the efficiency and precision of orthodontic treatment.  

The effectiveness of the Shape Memory Aligner has been validated through over 50 clinical studies published in internationally renowned journals. Positive feedback from patients and case presentations by orthodontic specialists worldwide have further reinforced its credibility. This technological advantage has been a key driver of Graphy’s growing prominence in the global orthodontic market.  

The orthodontic market is projected to grow from approximately KRW 70 trillion (USD 53.2 billion) in 2020 to around KRW 150 trillion (USD 114 billion) by 2030. Graphy currently operates in over 90 countries, working with more than 160 partners. The company has been consistently showcasing its technology at international exhibitions, further solidifying its global presence.  

To accelerate its global expansion, Graphy plans to establish local subsidiaries in the United States and China by 2025, focusing on growing its business across North America and the Asia-Pacific region. The company has also invested over KRW 15 billion (USD 11.4 million) in research and development since its inception to enhance its technological competitiveness.  

Graphy has implemented quality management systems based on ISO 13485 (International Quality Management Standard) and GMP (Good Manufacturing Practice), earning recognition for its high standards in production and quality control. The company has also achieved numerous milestones, including new product certifications, designation as a “World-Class Product,” and selection for the Global Small Giant 1000+ program.  

Shim Woon-Seop, CEO of Graphy, stated, “The success of this pre-IPO investment further demonstrates Graphy’s technological strength and credibility. Our Shape Memory Aligner is now being recognized as the standard in orthodontic technology.”  

Through its upcoming KOSDAQ listing, Graphy plans to strengthen its global expansion efforts by establishing a U.S. subsidiary and building large-scale production facilities. The company also aims to secure a leading position in the orthodontic market by focusing on next-generation technologies, including AI-based smart robotic systems.