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Scantech

HardwareHangzhou, Zhejiang, ChinaFounded 2015· One of 1702 Hardware companies tracked by AMPulse

China's leading 3D vision digitalization solutions provider and the first 3D scanning company listed on the SSE STAR Market (科创板)

CEO / Founder
王江峰 (Wang Jiangfeng)
Team Size
201-500
Stage
Public
Total Funding
Publicly Traded
Latest Round
IPO
Key Investors
达晨财智 (Fortune Capital); 中证投资 (CITIC Securities Investment); 杭州海邦 (Haibang Capital); 银杏谷资本 (Gingko Valley Capital); 华睿投资 (Huari Investment); 如山资本 (Rushan Capital); Founders Wang Jiangfeng + Chen Shangjian + Zheng Jun (Zhejiang Univ alumni, 85.21% pre-IPO control); CITIC Securities (主承销商); Fortune Capital (达晨财智); Public investors (SH STAR: 688583, first-day +198.86% to ~¥7.2B market cap)

Technology & Products

Key Products

Handheld 3D scanners (KSCAN-E, SIMSCAN-E/S Gen2, KSCAN-X); Tracking 3D scanners (NimbleTrack, TrackScan Sharp, M-Track); Photogrammetry (MSCAN-L15); Automated 3D inspection systems (AM-CELL C series, AM-DESK, AutoScan-T/K); 3D software (DefinSight, ScanViewer, TViewer); Professional color 3D scanners (3DeVOK MQ, 3DeVOK MT)

Technological Advantage

Self-developed core algorithms and IP; 72+ invention patents (as of 2023); edge computing technology in tracking scanners; no-marker tracking capability; high gross margin (~78%) vs industry average (~53%); complete product portfolio from portable to automated inspection

Differentiation

Value Proposition

High-precision, portable, and intelligent 3D vision digitalization solutions for industrial metrology and万物数字化 (digitalization of everything)

How They Differentiate

Cost-effective alternative to Creaform/ZEISS with comparable accuracy; first-mover advantage in China's handheld laser 3D scanner market; strong domestic brand recognition; higher gross margins than peers; full-stack solution (hardware + software + automation)

Market & Competition

Target Customers

Aerospace, automotive, mold/die manufacturing, energy & heavy industry, rail transit & shipbuilding, 3C electronics, green energy, education/research, 3D printing, cultural heritage, healthcare, public security

Industry Verticals

Aerospace; Automotive manufacturing; Mold & die; Energy & heavy industry; Rail transit & shipbuilding; 3C electronics; Green energy; Education & research; 3D printing; Cultural heritage & museums; Healthcare; Public security & forensics

Competitors

Creaform (Canada, AMETEK subsidiary); 先临三维 (Shining 3D, China); Artec 3D (Luxembourg); ZEISS GOM (Germany); FARO (USA)

Growth & Milestones

Growth Metrics

Revenue: ¥1.61B (2021) → ¥2.06B (2022) → ¥2.72B (2023) → ~¥3.3B (2024 est.); Net profit: ¥67.5M (2021) → ¥77.6M (2022) → ¥114M (2023); Gross margin: 76.9% (2021), 76.4% (2022), 78.4% (2023)

Major Milestones

2015: Founded; launched first handheld laser 3D scanner (HSCAN series) - first Chinese company to do so; 2021: #1 market share in China for handheld laser 3D scanners; 2022: B轮融资 ¥1.7亿 at ¥26.7亿 valuation; 2024: IPO approved (first under "科八条" rules); 2025-01-15: Listed on SSE STAR Market (stock code: 688583) - China's "first 3D scanning stock"

Notable Customers

Toshiba Hydroelectric; Meilixin Technology (Tesla, BYD, Ericsson supplier); Haigao Intelligent; various aerospace, automotive, and energy companies

Recent coverage of Scantech

Why this company matters

Scantech broke a decade-long foreign monopoly when it launched China's first domestically developed handheld laser 3D scanner in 2015. By 2021 it captured the #1 market share in China for handheld laser 3D scanners, and by 2022 it ranked #2 globally in handheld and tracking 3D vision products behind Creaform. The company's dual-brand strategy—SCANOLOGY for industrial metrology and 3DeVOK for professional color scanning—allows it to serve both precision manufacturing and creative applications.

The product portfolio spans handheld scanners (KSCAN-E, SIMSCAN-E/S Gen2), tracking scanners with edge computing and no-marker capability (NimbleTrack, TrackScan Sharp), photogrammetry (MSCAN-L15), and automated 3D inspection cells (AM-CELL C series, AM-DESK). Proprietary software (DefinSight, ScanViewer, TViewer) completes the stack. Gross margins consistently above 76%—versus an industry average of ~53%—reflect the value of its self-developed algorithms and 72+ invention patents.

Customers include Toshiba Hydroelectric and Meilixin Technology (a supplier to Tesla, BYD, and Ericsson), with deployments across aerospace, automotive mold and die, energy, rail transit, 3C electronics, and cultural heritage preservation. The company's automated inspection systems address a growing need for inline quality control in high-volume production environments, competing directly with ZEISS GOM and FARO at a lower cost point.

Scantech's IPO on the SSE STAR Market in January 2025—China's first pure-play 3D scanning stock—provides capital to expand its global distributor network across 70+ countries and fund joint R&D centers in European optical metrology. The key strategic question is whether it can replicate its domestic dominance in overseas markets where Creaform and Artec 3D have entrenched brand loyalty.