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- Xunshi Technology
Xunshi Technology Funding, Investors & Competitors
Xunshi Technology has raised $114M across 2 funding rounds, most recently a $100M Series D in October 2022.
Last Xunshi Technology funding round
$100M
Series D · Oct 2022
Cumulative funding Xunshi Technology raised
$114M
across 2 funding rounds
Key investors in Xunshi Technology
CD Capital
Marathon Venture Partners
SoftBank Group
ZWC Partners
Yiheng Capital
Xunshi Technology Overview
About Xunshi Technology
Xunshi Technology is a Chinese specialist in 3D technologies, delivering modeling, scanning, printing, and rendering services. Applications span architecture for virtual walkthroughs, manufacturing for prototyping, and media for visual effects. The company utilizes advanced scanners and printers to create accurate 3D models from physical objects, supporting design iteration and production workflows.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Xunshi Technology Funding History
Xunshi Technology has raised a total of $114M across 2 funding rounds.
Xunshi Technology's first fundraising round was a $14M Series B in October 2019. The most recent completed round was a $100M Series D in October 2022.
Xunshi Technology funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2022 | Series D | SoftBank Group (lead); Marathon Venture Partners; CD Capital; Yiheng Capital; ZWC Partners | $100M | - |
| Oct 2019 | Series B | CD Capital (lead); Marathon Venture Partners (lead) | $14M | Zhejiang Xunshi Technology Co., Ltd., operating as Soonsolid, is a high-tech enterprise founded in 2013, specializing in the research, development, manufacturing, sales, and service of 3D printing solutions, including SLA 3D printing and medical digital diagnostics products. The company is based in Keqiao District, Shaoxing City, Zhejiang Province, China, and was co-founded by talents from Zhejiang Province's 'Thousand Talents Plan' and other high-level domestic experts. On October 29-30, 2019, Xunshi Technology (Soonsolid) completed a Series B funding round, raising approximately 100 million yuan ($14.15 million USD) led by CD Capital and Marathon Venture Partners. The proceeds were allocated to the research and development of digital dentistry products and market expansion. CD Capital is a venture capital firm focused on life sciences and medical technology, managing RMB and USD funds totaling $600M, while Marathon Venture Partners invests in early and growth-stage healthcare and fintech companies. This marked the company's only funding round per some records, though others note prior angel rounds in 2017 and 2018, followed by a Series C in November 2020. The investment reflects confidence in Xunshi's position in robotics, automation, advanced manufacturing, and dental digital solutions. |
Who has invested in Xunshi Technology?
5 investors have backed Xunshi Technology across its funding rounds, including CD Capital, Marathon Venture Partners, SoftBank Group, ZWC Partners and Yiheng Capital.
Lead investors include SoftBank Group, CD Capital and Marathon Venture Partners.
Xunshi Technology Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Oct 2019 | ||
| 2 | Lead | Oct 2019 | ||
| 1 | Participant | Oct 2022 | ||
This data is available for Pro users. Sign up to see all 5 Xunshi Technology investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialXunshi Technology Competitors
Xunshi Technology competitors include listed companies like Autodesk and Xometry, and private ones like Agile Space Industries, Hadrian, Relativity Space and Divergent.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $7.2B | $1.8B | $46B | 5.7x | ||
| Private | $28M | - | $8B | 285.7x | ||
| Private | - | - | $7.9B | - | ||
| Publicly listed | $687M | ($46M) | $5.5B | 6.2x | ||
| Private | - | - | $4.2B | - | ||
| Private | - | - | $2.3B | - |
Xunshi Technology Public Comps
Xunshi Technology is still privately-owned, but its public comps include Autodesk, Xometry, Renishaw, Proto Labs, Kinpo Electronics, Stratasys, 3D Systems, Materialise, ispace and Velo3D.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.2B | $1.8B | 6.3x | 5.7x | 25.6x | 14.1x | |||
| $687M | ($46M) | 7.7x | 6.2x | (114.7x) | 107.2x | |||
| $957M | $193M | 4.9x | 4.2x | 24.1x | 17.9x | |||
| $533M | $65M | 3.6x | 3.4x | 29.6x | 21.3x | |||
| $5.1B | $199M | 0.5x | - | 13.7x | - | |||
| $551M | ($29M) | 0.9x | 0.9x | (17.5x) | 19.6x | |||
| $387M | $72M | 1.6x | 1.5x | 8.3x | (41.6x) | |||
| $308M | $32M | 1.2x | 1.1x | 11.2x | 8.7x | |||
This data is available for Pro users. Sign up to see all Xunshi Technology competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Xunshi Technology
| When was Xunshi Technology founded? | Xunshi Technology was founded in 2013. |
| Where is Xunshi Technology headquartered? | Xunshi Technology is headquartered in Hangzhou, China. |
| Is Xunshi Technology publicly listed? | No, Xunshi Technology is a private, VC-backed company. |
| How much funding has Xunshi Technology raised? | Xunshi Technology has raised $114M across 2 funding rounds. |
| What was Xunshi Technology's last funding round? | Xunshi Technology's last funding round was a $100M Series D in October 2022, led by SoftBank Group. |
| Who are Xunshi Technology's investors? | Xunshi Technology's investors include Marathon Venture Partners, CD Capital, Yiheng Capital, SoftBank Group and ZWC Partners. |
| Which companies are comparable to Xunshi Technology? | Companies comparable to Xunshi Technology include Autodesk, Agile Space Industries, Hadrian, Xometry, Relativity Space and Divergent. |
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