标题: Hengchi Raises Tens of Millions of RMB in Pre-A Financing; More Than 500 Metal 3D Printers Installed as All-Material AM Scales Up [打印本页] 作者: admin 时间: 2026-11-12 10:34 标题: Hengchi Raises Tens of Millions of RMB in Pre-A Financing; More Than 500 Metal 3D Printers Installed as All-Material AM Scales Up On November 11, 2026, Nanjixiong learned from Tai Partners that its Anhui Tai Partners Venture Capital Fund had made an exclusive investment of tens of millions of RMB in Suzhou Hengchi Digital Printing Co., Ltd. in a Pre-A round. This is Tai Partners' follow-on investment in Hengchi.
The funds will mainly support next-generation system development, capacity expansion, and the construction of nationwide printing-service centers.
Founded in 2021 as a spinout from Xi'an Jiaotong University, Suzhou Hengchi is headquartered in Suzhou, with an R&D center in Xi'an. It is a Chinese provider of all-material powder-bed fusion (PBF) 3D-printing solutions. In PBF, a machine selectively melts metal, polymer, or ceramic powder layer by layer with a laser, producing parts with complex structures that are difficult to make conventionally. Hengchi has independently developed more than ten printers across four systems—metal, polymer, ceramic, and laser remanufacturing—covering desktop through large-format production. It has also developed toughened polymers and ceramic slurry.
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△ Suzhou Hengchi's Bozhou manufacturing base
The founding team has worked in additive manufacturing for more than a decade. Founder Zhan Yun was a senior researcher at the National Engineering Research Center for Rapid Manufacturing and a project manager at a publicly listed metal 3D-printing company. Projects he led generated more than RMB 200 million in sales.
Metal 3D-printing equipment has long been dominated by overseas suppliers. Imported systems are expensive, have long delivery times, and often tightly bind users to a materials supply. Demand for complex metal parts is growing in medical, electronics thermal management, and new-energy industries, increasing interest in domestic equipment. To replace imports in advanced applications, however, local printers must meet requirements for materials compatibility and part quality as well as price and delivery. Highly reflective, high-thermal-conductivity metals remain a widely recognized processing challenge.
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△ Suzhou Hengchi 3D printers (top) and laser remanufacturing equipment (bottom)
Pure copper is a prominent example. Its thermal and electrical conductivity make it a promising material for AI-chip cold plates, fuel cells, and electrical components, but it reflects conventional infrared lasers strongly. In SLM printing, much of the laser energy is reflected, the melt pool becomes unstable, and spatter is severe, making it difficult to increase part density. Pure copper has therefore long been considered “unprintable.”
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△ Pure-copper heat sinks and irregular structural parts printed by Suzhou Hengchi
Hengchi says its technical team has solved pure-copper printing. Its metal printer uses a 532 nm short-wavelength green laser, which copper absorbs much more strongly than infrared light. This stabilizes the melt pool and substantially reduces spatter. The company reports density above 99.7% and thermal/electrical performance close to wrought pure copper. The process can produce ultra-thin fins and irregular internal channels for high-efficiency heat dissipation. Together with its micro/nano metal printer with a minimum spot size of ≤20 μm and a large-format system with four 500 W lasers, Hengchi says it is among the few Chinese equipment makers addressing all three extreme needs: materials that are difficult to print, dimensions requiring high precision, and oversized components.
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△ Suzhou Hengchi green-laser metal 3D printer
To date, Suzhou Hengchi reports more than 500 systems installed, over 100 metal printers exported, service to more than 1,000 dental laboratories, over 5 million parts built, and a stable print acceptance rate above 98%. Customers include several Chinese defense research institutes. It also worked with a Chinese partner of Baohua Group on one-piece printing of a high-pressure blower cylinder.
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△ Suzhou Hengchi's Xi'an exhibition center
Tai Partners will connect the company with industry partners and potential customers in new energy, green/low-carbon technology, and advanced manufacturing through its venture fund and Yangtze River Delta industry network. It will also help Hengchi access local policies and industrial-park resources and provide ongoing support with future financing, strategy, and team development.
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△ Hengchi's printed parts are used in automotive manufacturing, medical, scientific research and education, industrial tooling, aerospace, jewelry, and other fields.
Tai Partners is a venture-capital firm focused on global high-tech companies. Its founding team previously worked at Silicon Valley venture firm Formation 8. Investments include medical-data company Guardant Health (NASDAQ-listed), VR company Oculus (acquired by Facebook for USD 2 billion), cross-border e-commerce company Wish (NASDAQ-listed), and model-and-graphics company Haizhi Technology (Hong Kong-listed).
Tai Partners has established funds in the Yangtze River Delta and elsewhere to invest in global technology companies centered on the Chinese market. Its fund investors include government investment platforms such as Suzhou Angel Fund and Anhui Provincial Fund, and major companies including Shanghai Electric and GCL Group.
AI-translated from an article by Kuaixiong on Nanjixiong, originally published on 2026-11-11. Text and images retain the original source attribution. Read the original Chinese article
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