Sirui Additive raises seed funding for recycled titanium powders
Xiaofanzhuo Venture Capital led the financing, with Jiayou Fund participating, as Sirui expands production and research into specialty metal powders.
Sirui Additive announced a completed seed round on January 7, 2025, raising an amount described as being in the tens of millions of yuan. Xiaofanzhuo Venture Capital led the financing, with Jiayou Fund participating.
The capital will help the company expand production capacity, increase research and development, improve its products and reduce manufacturing costs. XinPai Capital acted as financial adviser.
A route from scrap to metal powders
Founded by Southern University of Science and Technology professor Yan Ming, Sirui develops recycled titanium and specialty metal powders for 3D printing and metal injection moulding. Its customers operate in areas including consumer electronics, medical products and industrial manufacturing.
Conventional powder production can leave coarse material that is difficult to reuse economically. Sirui applies a cold-shaping process to titanium particles and machining scrap, then adjusts powder properties to suit different manufacturing requirements.
Use of funds
Expand production capacity.
Increase research and development, improve products and lower manufacturing costs.