Radium Technology
Focuses on deep application of metal 3D printing technology in the field of mold manufacturing and application.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Series A | ||
| Total Funding | 000k | ||
Radium Technology (LamoTech), founded in 2019 and headquartered in Shanghai, operates within the advanced manufacturing sector, specializing in metal 3D printing technology for mold manufacturing. The company provides a suite of services including 3D printing, the construction of 3D printing centers, research and development of 3D printing materials, and technical consulting. This positions LamoTech as a comprehensive solutions provider for clients in industries such as automotive, consumer electronics, packaging, and medical.
The firm's core technology is Selective Laser Melting (SLM), a mature metal 3D printing process known for high-precision printing capabilities. This technology addresses key challenges in traditional mold manufacturing, such as long production cycles and limitations with complex geometric shapes. LamoTech has developed expertise across the entire SLM workflow, from materials science to post-processing, enabling it to enhance mold performance and efficiency for its clients. The company supports a wide array of metal powders, including various steels, titanium alloys, aluminum alloys, and nickel-based alloys, allowing for the creation of customized mold solutions. For example, they have developed a specialized die-casting runner solution that combines their proprietary mold material, Anco-T, with an ultra-dense 3D printing process to meet the demanding temperature control requirements of die-casting molds.
LamoTech's business model is centered on providing these specialized B2B services and consulting. The company has demonstrated a consistent revenue stream and has successfully secured venture capital funding to support its growth. PitchBook data indicates a Series A funding round of $1.55 million in February 2021, followed by subsequent funding stages, including a Series A1 in December 2021 and another early-stage VC round in October 2023. Investors in the company include HFI investment Group, MPCi, and Lanchi Ventures. Keywords: Metal 3D printing, mold manufacturing, Selective Laser Melting (SLM), additive manufacturing, die-casting, conformal cooling, advanced manufacturing, 3D printing materials, industrial 3D printing, rapid prototyping, tooling, injection molds, automotive manufacturing, consumer electronics manufacturing, B2B services, venture capital, Shanghai, LamoTech, manufacturing solutions, material science
