Shifang Technology Raises Nearly RMB 300 Million Across Series B and B+

Summarized by NextFin AI

Shifang Technology completed consecutive Series B and B+ financing rounds totaling nearly RMB 300 million.
Investors include 5Y Capital, Creation Partners, Cowin Capital, Hengxu Capital, Xiaomi Group, NIO Capital, and existing shareholders.
The funding will accelerate commercialization of digital inkjet systems for functional coatings in batteries, printed-circuit boards, and automotive components.
Founded in 2020, the company’s high-dose, high-precision UV printing systems replace traditional coatings with improved efficiency, consistency, and cost advantages.

NextFin News — Industrial digital-inkjet specialist Shifang Technology has completed consecutive Series B and B+ financing rounds totaling nearly RMB 300 million, according to a 36Kr report.

Investors in the latest stage include 5Y Capital, Creation Partners, Cowin Capital, Hengxu Capital, Xiaomi Group and NIO Capital, with several existing shareholders also increasing their stakes. The capital will support further development and commercialization of the company’s digital inkjet systems for functional coatings used in industrial applications such as battery manufacturing, printed-circuit boards and automotive components.

Founded in 2020, Shifang Technology provides high-dose, high-precision UV inkjet printing solutions that replace traditional coating processes, offering improved efficiency, consistency and cost advantages. Its systems have already been deployed with leading battery manufacturers for applications including cell insulation coatings.

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Insights

What does industrial digital inkjet technology mean in manufacturing?

How do Shifang Technology's UV inkjet systems replace traditional coating processes?

Which technical advantages make high-dose, high-precision inkjet useful for functional coatings?

Why are battery manufacturing, printed-circuit boards, and automotive components key markets for Shifang?

How large is the market opportunity for digital inkjet coating systems in China's industrial sector?

What does Shifang Technology's nearly RMB 300 million Series B and B+ financing say about investor confidence?

Why did investors such as Xiaomi Group and NIO Capital back Shifang Technology?

What recent milestones has Shifang achieved in commercialization and customer deployment?

How are leading battery manufacturers using Shifang's systems for cell insulation coatings?

What user feedback or performance indicators matter most for industrial inkjet adoption?

Which industry trends are driving demand for more precise and efficient coating technologies?

What challenges could slow the adoption of digital inkjet systems in heavy industrial production?

Which technical or operational barriers must Shifang overcome to scale production further?

How does Shifang compare with other industrial printing or coating equipment companies?

Are there historical examples of digital processes replacing traditional coating methods successfully?

What policy or manufacturing-upgrade trends could support Shifang's future growth?

How might Shifang's technology evolve over the next few years across new industrial applications?

What long-term impact could digital inkjet coating have on cost, quality, and factory automation?

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