Nanjixiong Launches ¥200M Fund for Chinese 3D Printing Startups
3DPrint.com October 20, 2023
In my previous article, “Funding for China’s 3D Printing Sector Grows Amid Global Uncertainty”, I briefly mentioned the impressive plan of Nanjixiong, a well-known additive manufacturing (AM) news site in China, to establish a 3D printing-focused fund in China. The company recently confirmed their commitment by making headlines with its initiative to establish a ¥200 million 3D printing industry fund. This decision was borne out of the firm’s extensive research and visits to numerous flourishing 3D printing startups. The group realized that these nascent enterprises, with their distinct market positions and clear applications, were hungry for funds to fuel their growth.
The proposed plan is still awaiting key industry stakeholders’ feedback and engagement, but It’s exciting to anticipate how these...