Recycled metal powder company 思锐增材 (SIRI AM, Shenzhen) has closed a million-level Pre-A financing round. According to 36Kr and Sina Finance, the round was co-led by Tongkai Wanwei Venture Capital and a consumer-electronics industry investor, with angel-round shareholder SUSTech Wutong Angel Fund adding investment, and Delton Capital acting as financial advisor. Proceeds will mainly go toward scaling production of 3D printing metal powder preparation for consumer electronics and liquid cooling, and R&D into multi-metal powder manufacturing and fine-tuning technology.
SIRI AM was founded by Professor Yan Ming of Southern University of Science and Technology (SUSTech), incubated by SUSTech's Jiaxing Institute under the guidance of Academician Xu Zhenghe and with support from Jiaxing Xiuzhou District government. It focuses on the recovery and regeneration of advanced metal materials such as titanium alloy for 3D printing, with converting metal scrap into printable powder as a core direction. The round's focus on consumer electronics and liquid cooling points to scaling metal powder AM in civilian applications such as heat-dissipation components and structural parts.
Technically, recycled metal powder involves scrap recovery, purification, atomization and property control; batch consistency and impurity control determine downstream print quality. Multi-metal powder manufacturing and fine-tuning R&D targets supply capability across nickel-, cobalt-chromium and other alloy systems. Per public information, specific capacity plans and customer progress rest with the company's disclosures.
From an industry view, this is added capital in the recycled-materials direction of China's metal powder supply chain. As titanium powder cost and sustainability draw attention, scaling recycled titanium powder offers a potential path to lower powder costs and more resilient supply. The round's production conversion and market validation warrant ongoing observation.