3D Printing Company Polymaker Raises Hundreds of Mns of CNY from Funding Round

Technology Author: Qinqie He Editor: Boying Ji Oct 17, 2022 05:43 PM (GMT+8)

Polymaker is a high-tech enterprise providing 3D printing materials. It recently completed a funding round worth hundreds of millions of CNY, led by Skytrace Capital.

3D printing

Founded in 2012 and headquartered in Jiangsu, Polymaker (Chinese: 苏州聚复科技股份有限公司) is an international technology company focusing on developing 3D printing materials. It recently completed a funding round worth hundreds of millions of CNY, led by Skytrace Capital, with participation by SHARELINK CAPITAL, IDG Capital, Blue Lake Capital and CHANGSHU GUOFA VENTURE. Polymaker will use the capital for production, logistics, R&D investment, marketing and expanding its customer base.

The business strategy of Polymaker is to control every stage of production and produce the best 3D printing materials. Polymaker implements a rigorous quality control check on all materials. With the help of its state-of-the-art technology, Polymaker measures the roundness and diameter of its filaments many thousand times a second, monitoring production processes with strict tolerances. Additionally, a series of processes and technologies are employed to set apart Polymaker materials. Polymaker's product line includes materials ranging from high-performance plastics to unique aesthetic solutions. These products are seeing widespread adoption in various industries, such as automotive, aerospace, industrial manufacturing, medical and construction.

Polymaker believes that materials are the enabling factor that will realize 3D printing as a final production tool and high-performance materials can transform 3D printing technology into a mainstream manufacturing method. Therefore, the research & development laboratory is the core department of Polymaker, as it guarantees that materials are formulated and fine-tuned from the ground up to create the best 3D printing materials. 

 Zhaigang, the general partner of SHARELINK CAPITAL, said that high-performance 3D printing materials are anticipated to hold the most crucial position in the industry and will continue to grow and he was optimistic about Polymaker growing into a global leader in the 3D printing industry.

 Polymaker's competitors include AutoDesk, HP, Altair Engineering, Xerox, 3D Systems, Stratasys, Proto Labs, Desktop Metal, Velo3D and Nano Dimension.