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UnionTech

HardwareShanghai, ChinaFounded 2000· One of 1684 Hardware companies tracked by AMPulse

A leading manufacturer of industrial-grade SLA and DLP 3D printers with ~60% China SLA market share, offering a comprehensive ecosystem of hardware, software (Polydevs, Unionfab), and materials serving 3,000+ customers globally.

CEO / Founder
Ma Jinsong
Team Size
501-1000
Stage
Active
Total Funding
$229M
Latest Round
Series D
Key Investors
Dening Capital, Cash Capital, Yingke PE, Dragonrise Capital Advisors, Evonik Venture Capital, Luhe Venture Capital, CITIC Goldstone, Dragon Capital, E-Town International Investment & Development, Shenzhen Capital Group, Oriza FOFs

Technology & Products

Key Products

Pilot Series (SLA); RSPro and Lite SLA series; Evo-Series (DLP); Martrix Series (mSLA); Cute 300 / EvoDent DLP dental lines; S300 (DLP for Dental); Muees Series (SLM metal printing, incl. Muees310); Unionfab cloud IoT platform (remote monitoring and production management); UT ONE software; Polydevs 3D printing software (independently developed)

Technological Advantage

Deep expertise in SLA/DLP photopolymer technology with large build volumes and excellent surface finish. Proprietary Unionfab cloud IoT platform for remote monitoring. Open material system (third-party materials supported). Strong manufacturing base in China enabling competitive pricing. Vertically integrated hardware (SLA/DLP/LCD/SLM), software (Polydevs, UT ONE), and materials ecosystem. 251+ patents demonstrating R&D depth.

Differentiation

Value Proposition

Providing high-quality, reliable, large-format industrial 3D printers (SLA/DLP/LCD/SLM) combined with proprietary software and an open material ecosystem, delivering strong performance, precision, and cost-effectiveness with cloud-based Unionfab production management.

How They Differentiate

UnionTech differentiates by focusing on industrial SLA and DLP systems with large build volumes at a competitive price point. Their open material system is a key differentiator from competitors like 3D Systems, which often have closed ecosystems. Their strong foothold in the Chinese market provides a significant manufacturing and supply chain advantage.

Market & Competition

Target Customers

Industrial manufacturers in sectors like aerospace, automotive, medical (dentistry), footwear, and consumer goods requiring high-precision prototypes, tools, and end-use parts.

Industry Verticals

["Aerospace","Automotive","Medical & Dental","Consumer Electronics","Footwear","Education","Manufacturing"]

Competitors

3D Systems; Stratasys; Formlabs; Farsoon Technologies

Growth & Milestones

Growth Metrics

Over 3,000 customers across more than 50 countries; 2,500+ printers sold globally (as of late 2021); Largest market share for SLA in China (~60%+)

Major Milestones

2000: Company founded; 2004: First high-end equipment exported overseas; 2015: Established US subsidiary; 2019: US subsidiary closed; 2020: 20th anniversary — launched new Manufacturing Base in Shanghai; 2020: Received strategic investment from Evonik; 2021: Secured Series C/D funding of ~$31M; 2022: Completed a Pre-IPO funding round of ~$30M

Notable Customers

Serves over 3,000 customers in more than 50 countries worldwide, including Evonik as a strategic investor and partner

Recent coverage of UnionTech