China dental 3D printing company raises $34m

It follows a CNY 140m extended Series A round last year featuring Zhencheng, according to AVCJ Research.

Founded in 2017, Chamlion was incubated by the by the Additive Manufacturing Institute of Nanjing University of Aeronautics and Astronautics. It claims to provide one-stop dental 3D printing solutions.

Chamlion operates under what it calls an “internet plus 3D printing” model, encompassing the entire dentistry process, from data collection to denture design and manufacturing. It also describes the approach as hardware-as-a-service (HaaS).

The company has installed more than 1,000 3D printer units, which are capable of producing 8,000 partial frameworks and 80,000 metal crowns daily for more than 1,000 dental labs with 30m patients. It has also built 260 cloud-enabled factories across 27 countries and expects to grow to 300 such facilities by the end of the year.

Dental services is now the main commercialisation scenario for China's 3D printing start-ups. According to a report by Transparency Market Research, the global dental 3D printing market will be worth USD 3.4bn by the end of 2025.

Recent activity in this niche includes Prismlab raising a CNY 200m Series C led by Qiming Venture Partners last year. This was followed closely by SprintRay raising a USD 100m Series D led by Softbank Vision Fund 2.

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• Topics
• Greater China
• Expansion
• Healthcare
• Technology
• China
• Vertex Ventures