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
- SectorsTechnologyAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website uniontech3d.cn
- Social LinkedIn X Facebook
- Acquired by Evonik (Dec 2020)
- Legal Name Shanghai Union Technology Corporation
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.
- Total Funding $229.35M
- Total Rounds 3
- Last Round Series D — $30M
- First Round $168.35M
(Dec 2020)
- Investors Count 12
All 3 funding rounds of UnionTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $30M | Series D | – | Goldstone Investment | |
| Nov 2021 | $31M | Series D | – | Evonik, Dragon Capital | |
| Dec 2020 | $168.35M | Private Equity Round | – | E-Town International Investment & Development |
12 investors in total: 12 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in China are handled by Goldstone Investment. | – | goldstone-investment.com | Beijing, China | |
Venture capital investments are provided by CASH Capital in technology sectors. | 2011 | cashcapital.cn | Beijing, China | |
- | – | dragonrisecapital.com | - | |
Chenshan Capital is focused on data-driven industrial internet investments. | – | chenshancapital.com | Beijing, China | |
- | – | deningcapital.tcc.mode | - | |
- | – | greenventurecapital.tcc.mode | - | |
Private equity investments are managed on a global scale. | – | etowncapital.com | Beijing, China | |
Venture capital, equity investment, and fund management services in China. | – | szvc.com.cn | - | |
Early and growth-stage TMT startups are funded in China. | – | gaorongvc.com | Beijing, China | |
- | – | oriza.com.cn | - |
Investor details for UnionTech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of UnionTech
4 dated milestones of UnionTech across 22 years, from founding to its latest funding, stage changes and deals.
- Founded UnionTech is founded.
- Exit Acquired by Evonik.
- Funding First funding round of $168.3M.
- Funding Latest funding round, Series D, of $30.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sintavia.com | 2012 | Davie, United States | $25M | 93 | Provider of tech-enabled on-demand industrial 3D printing services | |
| stratasys.com | 1989 | Rehovot, Israel | – | 30 | 3D printing equipment and materials are manufactured by Stratasys. | |
| azul3d.com | 2016 | Skokie, United States | $39.5M | 34 | High-area rapid 3D printers using stereolithography are developed for manufacturing. | |
| victrex.com | 1978 | Cleveleys, United Kingdom | – | 652 | Thermoplastic polymer PEEK is manufactured for industries including 3D printing. | |
| nexa3d.com | 2015 | Ventura, United States | $20.49M | – | Industrial 3D printers based on stereolithography technology are provided. | |
| dmgmori.com | 1870 | Davis, United States | – | 152 | Powder-based 3D printers are manufactured for industrial applications. | |
| aon3d.com | 2015 | Montreal, Canada | $11.62M | – | Industrial 3D printers using stereolithography technology are manufactured. | |
| additiveindustries.com | 2012 | Eindhoven, Netherlands | $15.26M | – | SLM 3D printers are developed for aerospace and automotive sectors. | |
| morf3d.com | 2013 | El Segundo, United States | – | 40 | Additive manufacturing design and services are provided to various industries. |
Detailed competitors of UnionTech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of UnionTech
The website of UnionTech (uniontech3d.cn) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 179% vs previous month
Websites whose visitors overlap most with UnionTech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kings3d.com | 100% | – | – | View details |
Latest news on Uniontech
Complete news archive for UnionTech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to UnionTech
10 companies that operate in the same segment as UnionTech (3D Printing & Scanning Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Metal-based desktop 3D printers are manufactured for production and prototyping. | 2015 | Burlington, Vermont, United States | USD 446.55 M | – | – | |
Online marketplace to custom manufacture and sell 3D printed products | 2007 | New York, New York, United States | USD 106.9 M | USD 34.46 M | – | |
Industrial 3D printers using selective laser melting technology are manufactured. | 1923 | Ditzingen, Baden-wurttemberg, Germany | – | – | – | |
Carbon digital light synthesis-based 3D printers and materials are provided. | 2013 | Redwood City, California, United States | USD 742.21 M | – | – | |
Manufacturer of selective laser melting technology-based 3D printers | 2015 | San Francisco, California, United States | USD 92.09 M | USD 45.97 M | 105 | |
AI-powered 3D printed launch vehicles are developed for small payloads. | 2015 | Inglewood, California, United States | USD 1.34 B | – | – | |
Develop and manufacture Industrial printers based on Moving Light Technology and Laser Sintering technology | 2008 | Les Mureaux, Ile-de-france, France | USD 27.46 M | – | – |
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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. The company's 1st funding round was a Private Equity Round of $168.35M, raised on Dec 2020.
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.
UnionTech operates through Shanghai Union Technology Corporation.
Yes. UnionTech was acquired by Evonik in December 2020.