HBD closes $60 million Series A financing

February 2, 2022

Artists impression of the new HBD R&D and production facility in Shanghai (Courtesy HBD)

Chinese metal Additive Manufacturing company Hanbang United 3D Technology Co., Ltd (HBD), has announced that it has closed a $60 million Series A financing. The round of funding was led by Qianhai FOF, co-invested by Grand Flight Investment & CITIC Securities Investment, and Winsoul Capital served as the exclusive financial advisor.

HBD offers Additive Manufacturing equipment, software, materials and processes that support industries such as aerospace, industrial and medical. By the end of 2021, HBD was reported to have delivered over 500 metal AM machines in total, which were sold to over twenty countries and regions around the world.

The core team of HBD has nearly two decades of experience in metal AM production. Of its total personnel, R&D accounts for over half, and the investment is reputedly worth millions of US dollars each year. At present, the company has over 200 patents, including three international patents. In addition, as a main drafter, HBD participated in the formulation of fourteen national and industry standards and took part in the construction and standard formulation of China’s AM evaluation system.

HBD acquired around 6.5 acres of land in 2021, where it plans to build a new R&D and production facility. With the completion of this financing, HBD will continue to invest in high-tech R&D, technical team building and high-end manufacturing.

“The current mainstream aerospace, industrial, medical, moulding and other fields, and other industries will also be more applied to metal 3D printing technology, giving birth to trillion-level market opportunities,” stated Jianye Liu, founder and CEO of HBD. “With the spirit of metal 3D printing craftsman, HBD strives to improve the team, management, products and services, forms a back-to-back mutual trust cooperation relationship with upstream and downstream partners, and adheres to the principle of providing core competitiveness for partners in the long term. HBD is confident that it will do better in the future. While growing rapidly, HBD will also promote the faster and better development of the entire Chinese metal 3D printing industry.”

Zhilong Fu, a partner at WinSoul Capital and head of the AI/Intelligent Manufacturing Group, said, added, “As a senior enterprise rooted in metal Additive Manufacturing, HBD is committed to leading the industry to achieve breakthroughs in technological bottlenecks, also actively cooperate with upstream and downstream ecological partners in a flexible business model to expand new ideas for industry development and accelerate the large-scale application of metal 3D printing technology. We have seen HBD’s determination to pursue innovation, and we also expect HBD to reach a higher level under the leadership of Mr. Jianye Liu and the support of shareholders, leading China’s metal 3D printing technology to the world stage. WinSoul Capital will accompany HBD to grow together and help HBD become a new generation of metal 3D printing leader.”

en.hd3dp.com

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Metal powders in Additive Manufacturing: An exploration of sustainable production, usage and recycling
  • Inside Wayland Additive: How innovation in electron beam PBF is opening new markets for AM
  • An end-to-end production case study: Leveraging data-driven machine learning and autonomous process control in AM
  • Consolidation, competition, and the cost of certification: Insight from New York’s AM Strategies 2024
  • Scandium’s impact on the Additive Manufacturing of aluminium alloys
  • AM for medical implants: An analysis of the impact of powder reuse in Powder Bed Fusion

The world of metal AM to your inbox

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Sign up

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
View online
Share via
Copy link
Powered by Social Snap