About UnionTech
UnionTech is a company based in Shanghai (China) founded in 2000 was acquired by Evonik in December 2020. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. UnionTech has raised $229.35 million across 3 funding rounds from investors including Evonik, Goldstone Investment and Yuanhe Holdings. UnionTech offers products and services including SLA 3D Printers, SLM 3D Printers, and Resin Materials. UnionTech operates in a competitive market with competitors including Sintavia, Stratasys, Azul 3D, Victrex and Nexa3D, among others.
- Headquarter Shanghai, China
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TechnologyAerospace, Defense & Maritime
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- Legal Name Shanghai Union Technology Corporation
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Products & Services of UnionTech
UnionTech offers a comprehensive portfolio of products and services, including SLA 3D Printers, SLM 3D Printers, and Resin Materials.
Industrial-grade SLA printers are offered for precision manufacturing.
Metal 3D printers are provided for industrial applications.
Various resin materials are supplied for 3D printing needs.
Funding Insights of UnionTech
UnionTech has successfully raised a total of $229.35M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $30 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in UnionTech
UnionTech has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Evonik, Goldstone Investment and Yuanhe Holdings.
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Private equity investments in China are handled by Goldstone Investment.
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Venture capital investments are provided by CASH Capital in technology sectors.
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Investor details for UnionTech
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Investments & Acquisitions by UnionTech
Investment portfolio details for UnionTech
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Financial Statements - UnionTech
Detailed financials for UnionTech
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Uniontech Comparisons
Peer comparison for UnionTech
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Competitors of UnionTech
UnionTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sintavia, Stratasys, Azul 3D, Victrex and Nexa3D, among others.
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Provider of tech-enabled on-demand industrial 3D printing services
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3D printing equipment and materials are manufactured by Stratasys.
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High-area rapid 3D printers using stereolithography are developed for manufacturing.
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Thermoplastic polymer PEEK is manufactured for industries including 3D printing.
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Industrial 3D printers based on stereolithography technology are provided.
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Powder-based 3D printers are manufactured for industrial applications.
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Detailed competitors of UnionTech
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Latest news on Uniontech
Complete news archive for UnionTech
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Frequently Asked Questions about UnionTech
UnionTech was founded in 2000 and raised its 1st funding round 20 years after it was founded.
UnionTech is headquartered in Shanghai, China.
UnionTech is a funded company, having raised a total of $229.35M across 3 funding rounds to date.
UnionTech, based in Shanghai, China, is engaged in the production of industrial-grade 3D printers and related materials. Solutions are provided for sectors including aerospace, automotive, medical, dental, footwear, education, and cultural creativity. Advanced SLA and SLM 3D printing technologies are utilized to support precision manufacturing and prototyping. The companys products are distributed globally through a network of offices and dealers. Applications are tailored for electronic appliances, architectural models, and tire industries among others. Over 20 years of expertise in 3D printing technology are leveraged to innovate production processes.
UnionTech offers SLA 3D Printers, SLM 3D Printers, and Resin Materials.
UnionTech has 12 investors. Key investors include Evonik, Goldstone Investment, Yuanhe Holdings, CASH Capital, and Dragon Capital.