TMTPOST — Industrial digital-inkjet specialist Shifang Technology has completed consecutive Series B and B+ financing rounds totaling nearly RMB 300 million, according to a 36Kr report. Investors in the latest stage include 5Y Capital, Creation Partners, Cowin Capital, Hengxu Capital, Xiaomi Group and NIO Capital, with several existing shareholders also increasing their stakes. The capital will support further development and commercialization of the company’s digital inkjet systems for functional coatings used in industrial applications such as battery manufacturing, printed-circuit boards and automotive components. Founded in 2020, Shifang Technology provides high-dose, high-precision UV inkjet printing solutions that replace traditional coating processes, offering improved efficiency, consistency and cost advantages. Its systems have already been deployed with leading battery manufacturers for applications including cell insulation coatings.