Core Viewpoint - The article discusses the recent funding round of "Shifang Technology," a provider of digital printing solutions for industrial functional coatings, highlighting its technological advancements and market potential in various sectors such as new energy, automotive, and semiconductors [3][4]. Company Overview - "Shifang Technology" was established in 2020 and focuses on creating system-level solutions for key areas of smart manufacturing through digital printing technology [3]. - The company has completed over 100 million RMB in A and A+ rounds of financing, with the latest round led by Jun Capital and existing shareholders participating [3]. Technology and Product Development - The company has developed an industrial printing hardware called Box, which integrates print heads, control boards, and ink path control to meet the demands of high dosage, high cycle, and high precision in industrial coating printing [3][4]. - "Shifang Technology" employs unique droplet observation technology and its proprietary Tetris™ industrial printing software to achieve precise control over droplet size and placement, enabling micron-level printing [3][4]. Market Potential - The industrial functional coating market is valued at over 100 billion RMB and is experiencing rapid growth, particularly in sectors like new energy, automotive, and semiconductors [4]. - The company aims to replace traditional blue film processes in battery insulation coatings with UV inkjet printing technology, addressing issues such as low yield and high material costs [4][5]. Performance and Cost Efficiency - The new printing system can achieve high dosage (over 180 pL per droplet), thickness (up to 100 µm in a single pass), and speed (400 mm/s), significantly improving battery safety, durability, and performance stability [5]. - The overall cost of the new system is over 40% lower than traditional blue film processes [5]. Validation and Future Plans - "Shifang Technology's" UV inkjet printing technology has been validated and mass-produced in collaboration with leading battery manufacturers globally [6]. - The company plans to expand its technology into solid-state batteries, PCBs, automotive, and display industries, leveraging its core capabilities in software algorithms, hardware, and consumables [6]. Team Composition - The R&D team comprises over 80% of the workforce, with members from top universities such as Tsinghua, Peking University, and Harbin Institute of Technology, bringing expertise in mathematics, physics, materials, optics, and artificial intelligence [6].