UnionTech (), fully known as Shanghai Union Technology Corp., is a Chinese 3D printer manufacturer founded by Bo Zou in 2000. The company focuses on the applications of 3D printing technology, and specializes in making industrial 3D printers. After its formation, the firm was backed by Evonik Venture Capital, Dragonrise Capital, and Goldstone Investment. Its products are applied in education, automotive, aerospace and other industries.
Headquartered in Shanghai, UnionTech established operations in Germany, Vietnam, and the United States, among others. The company was previously listed on the NEEQ. In September 2022, it completed a pre-IPO round of financing. In May 2023, the firm made a pre-listing tutoring filing with the Shanghai Securities Regulatory Bureau.
History
UnionTech started photolithography in China in 2000. In 2015, it received its first round of funding. In 2016, it entered North America. In the same year, RP Sales America became its distributor.
In 2017, UnionTech launched PILOT 3D printers. In the same year, Ohio-based Aerosport purchased a stereolithography 3D printer from the company. In 2018, it opened a SL demonstration center in Chicago.
In December 2020, a minority stake in UnionTech was acquired by Evonik through its venture capital arm. In November 2021, the company raised $30 million in Series D funding.