Gloud Selected as “First Penguin Startup” by Credit Guarantee Fund

Korea: Gloud, a dental digital transformation company based in Korea, has announced its selection as a “First Penguin Startup” by the Credit Guarantee Fund. According to a press release, this recognition highlights Gloud’s innovative approach and pioneering spirit in the dental industry. 

The term “First Penguin” symbolizes the courage to take the first step, originating from the concept that when one penguin fearlessly jumps into the sea to hunt for food, others will follow suit. 

Support for Startups

The Credit Guarantee Fund’s First Penguin startup support program aims to identify and support startups with revolutionary ideas and technological capabilities. Eligible companies must be established within seven years of their startup. 

Through this program, Gloud and other selected startups receive a maximum pre-guarantee limit of 3 billion won (US$2.3m), along with three years of guarantee support. This initiative focuses on fostering the growth and development of innovative startups in various sectors.

“We will enhance technology, services, and user experience and drive overseas expansion.” said Jin Woo, the CEO of Gloud. This recognition by the Credit Guarantee Fund serves as a significant milestone for Gloud, validating their vision and dedication to driving positive change in the dental industry.

About Gloud’s JustScan Service

Founded in 2020, Gloud operates a dental prosthetic management service called “JustScan,” which utilizes digital oral scanners. This technology is said to streamline the process of creating dental prosthetics and improve patient care. 

In addition to their service offerings, Gloud provides support to hospitals facing challenges in adopting digital transformation. From assisting with the acquisition of oral scanners to offering education and facilitating custom prosthetic order services, Gloud aims to ensure a systematic and seamless transition for healthcare providers.

By leveraging the “JustScan Express” service, Gloud further enhances efficiency in dental prosthetic production. This service harnesses the power of oral scanners and 3D printing technology to reduce the production time from an average of 40 minutes to the 25-minute range, says a press release. The streamlined workflow enabled by this approach allows dental professionals to provide faster and more precise prosthetic solutions to their patients, ultimately improving overall treatment experiences.