HBD Metal 3D Printer Closed $60 Million Series A Financing

HBD Metal 3D Printer, a leader in the metal additive manufacturing industry, announced that it has recently closed $60 million Series A financing, the largest first-ever funding round of its kind.

This round of financing was led by Qianhai FOF, co-invested by Grand Flight Investment and CITIC Securities Investment, and Winsoul Capital served as the exclusive financial advisor.

HBD, headquartered in China, is a leading metal 3D printing enterprise. It has overall technical solutions for equipment, software, materials, printing processes, etc., covering aerospace, industrial, medical and various fields, and its industry coverage and market share are in the forefront. By the end of 2021, HBD had delivered more than five hundred metal 3D printing systems in total, which were sold to over twenty countries and regions around the world, ranking among the top in sales.

The core team of HBD has nearly 20 years of experience in laser and metal additive production, of which R&D personnel account for over half of the company's total number of people, and the R&D investment is as high as millions of US dollars every year. At present, the company has beyond 200 patents, including three international patents, and the number of core technology patents for metal 3D printing systems is industry-leading. In addition, as a main drafter, HBD participated in the formulation of fourteen standards such as national standards and industry standards, and took part in the construction and standard formulation of China's 3D printing evaluation system.

As the first in the world, HBD pioneered the LACM – Laser Additive & Cutting Manufacturing hybrid processing technology, which solves the world-class problem of finishing the inner surface of 3D printed metal parts.

While breaking through the technical bottleneck of products, in order to ensure product quality and service quality, HBD has gradually completed the construction of automated production lines and factories. HBD is highly valued by the Shanghai Lingang New Area Government, and acquired nearly 6.5 acres of land in 2021, planning to build a new R&D and production base. The base will have a built-up area of nearly 60,000 square meters, adjacent to well-known companies such as Tesla Gigafactory 3. With the completion of this financing, HBD will continue to invest in high-tech R&D, technical team building and high-end manufacturing.