Pliith
Develops high-purity lactide and polylactic acid (PLA) resins for additive manufacturing, enabling high-performance biodegradable parts with superior thermal stability.
- CEO / Founder
- Bian Xinchao
- Team Size
- 51-200
- Stage
- Active
- Total Funding
- $64M+
- Latest Round
- Series A
- Key Investors
- CAS Investment (国科嘉和); Changchun Venture Capital; Jilin Provincial Equity Fund
Technology & Products
Key Products
3D Printing Grade PLA Resin; High-Purity Lactide (99.9%); Heat-Resistant Modified PLA; Biodegradable 3D Printing Filaments
Technological Advantage
Proprietary catalyst and purification technology achieve lactide optical purity >99.5%, resulting in PLA with higher heat deflection temperatures (HDT) and better melt flow characteristics for high-speed 3D printing.
Differentiation
Value Proposition
Reduces material costs for 3D printing by 15-20% through vertical integration of the lactide-to-PLA supply chain while providing resins with 99.9% purity for improved mechanical consistency.
How They Differentiate
Unlike pure filament makers, Pliith controls the upstream lactide synthesis, allowing for molecular-level customization of PLA resins specifically for AM processes like high-speed FDM and medical-grade printing.
Market & Competition
Target Customers
3D printing filament manufacturers, industrial AM service bureaus, and medical device OEMs.
Industry Verticals
Industrial Manufacturing; Medical; Consumer Goods; Packaging
Competitors
NatureWorks; TotalEnergies Corbion; Hisun Biomaterials; Futerro
Growth & Milestones
Growth Metrics
Constructing a 50,000-ton/year PLA production facility with a total project investment of approximately $100M (700M RMB); achieved 99.9% lactide purity at scale.
Major Milestones
2021: Company founded as a spin-off from CAS technology.; 2022: Completed Series A funding round.; 2023: Commenced construction of the 50,000-ton PLA industrialization project.; 2024: Successfully demonstrated high-purity lactide production breaking import dependence.
Notable Customers
eSUN (Shenzhen Esun Industrial Co., Ltd.); Polymaker; Various CAS-affiliated research labs