Raise3D raises $15M Series C to push 3D printing from prototypes to production
What's the deal? Chinese 3D printing firm Raise3D has raised ¥100 million (about $15 million) in a Series C round, it announced in November. Wuhan Venture Capital led the round, with Dongke Chuangxing participating.
What does the company do? Shanghai-based Raise3D builds professional and industrial 3D printers, materials, and software across three additive manufacturing processes: SLS, FFF, and DLP. It serves clients in design, manufacturing, medical, and research.
What's the money for? The company said the funding will support product research, large-format FFF and SLS development, and global expansion. Alongside the raise, Raise3D unveiled two large-format FFF printers — the T450 and T700 — priced at ¥32,999 and ¥99,999 respectively.
What's the endgame? Raise3D wants to move customers from prototyping toward batch production. "Large-format 3D printing technology lowers the barrier to manufacturing large parts," chief executive officer Feng Hua said (translated from Chinese), citing custom orthotics, tooling, and molds as target uses.
Why the multi-process bet? Investors framed the deal around breadth. "A single process route struggles to cover complex industrial needs," said Tian Hongyu of Wuhan Venture Capital (translated from Chinese), noting Raise3D's combination of FFF, SLS, and DLP plus its global sales channels.
The signal: The round is a follow-on to a similarly sized Series C in 2022, pointing to renewed backing rather than an outsized deal. It lands amid a broader push to scale additive manufacturing in China, where demand is strongest in production uses such as aerospace and defence. The announcement alone, however, does not show how much of Raise3D's business has shifted from prototyping to production.
Read more: itjuzi.com
Image credit: Formlabs Inc.
