36Kr has learned that “Wuhan Eleph-Print Tech Co.,Ltd”, a provider of digital technology solutions with industrial-grade 3D LiDAR scanning technology at its core, has secured tens of millions of yuan in Pre-A round financing, led by Shenzhen Zhengxuan Investment, with follow-up investments from Suzhou Shunrong Capital and Huagong Ruiyuan under Wuhan Huagong Technology from the angel round.
Wuhan Eleph-Print Tech was established in March of 2022, with its core founding team dedicated to the high-precision industrial-grade three-dimensional LIDAR for over a decade. They are among the earliest domestic teams deeply engaged in the research of fundamental technologies and mass production engineering. They have previously set the industry’s global record for the largest order delivered, exceeding two hundred million yuan. Now, with this core team embarking on a new venture, they have acquired over 30 patents and software copyrights as of August 2023.
The three-dimensional laser scanner is a significant technological subdivision within LiDAR, predominantly employed across various industrial domains. By initiating emission, receipt, information processing, and scanning systems, it reproduces the physical world within the virtual realm.
CEO Chen Haijia introduced that, founded on innovative core technology and fully-owned intellectual property in optomechanical design, the company has ushered in a new era of high-precision, long-range 3D LiDAR!
In essence, long-range refers to a three-dimensional laser scanner, capable of accurately detecting ranges from 0.3 meters to 5000 meters, crafted with a wavelength of 1550 nm. High precision denotes its ability to achieve millimeter-level detection accuracy within a certain range.The fundamental logic of the digital economy stems from digital twin technology, which is seen as a significant driver for economic transformation and upgrading by means of precisely portraying the physical world through digital technology. Three-dimensional laser measurement technology is currently one of the methods used for acquiring spatial data, and with the increasing application requirements of BIM (Building Information Modeling) and CIM (City Information Modeling), heralding a climax in industry development.
It is understood that Eleph-Print Tech primarily penetrates into several industries, namely public safety, infrastructure engineering, power industry, architectural AEC, and geographical information surveying.Within the realm of public safety, the three-dimensional LiDAR products offered by Eleph-Print Tech can cater to the following scenarios:Survey of Large Public Spaces: For instance, conducting a three-dimensional scanning of a particular entity’s geographical space to analyze the rational integration of human and material flow, preventing potential accidents. Alternatively, in the aftermath of an incident, employing a three-dimensional scanner to survey and reconstruct the scene, facilitating an in-depth analysis. The results of a three-dimensional scan are precise and resistant to manipulation.
Fire Scene Reconstruction: At the site of major fire accidents, equipment is utilized to restore the three-dimensional scene, analyzing the process of the incident and the extent of property damage. This can also more effectively reduce property loss and alleviate casualties for future site reconstruction. Currently, this scene is facing an upgrade from two-dimension to three-dimension.Criminal Investigation: The meticulous three-dimensional restoration of crime scene investigations, such as the extraction and reconstruction of fingerprints, footprints, etc., greatly aids in the investigation of significant cases and accident warnings. Presently, some globally prominent criminal investigation agencies have already commenced its application.In the event of an emergency such as a geological disaster: Rapid aerial scanning, immediate rapid modeling, swift volumetric measurement, and derivation of downstream breach analysis, can effectively assist command agencies in making informed decisions.
In the realm of infrastructure construction, it serves a pivotal role in various projects such as the establishment, expansion, and restoration of roads, railways, bridges, ports, and power stations. For instance, when combined with Building Information Modeling (BIM), it enables comprehensive lifecycle management of infrastructure, as well as anticipating and avoiding future issues.In serving the power industry, Eleph-Print Tech primarily cultivates the scene of power line inspection;Within the domain of Architectural, Engineering, and Construction (AEC) measurements, home furnishing, bespoke customization, and interior design, the high-precision three-dimensional measurement solutions can also be offered.
In the construction of standard topographic surveying, traffic planning and design, forestry and gardening, digital cultural heritage reproduction, Eleph-Print Tech can provide low-cost and user-friendly three-dimensional surveying and measuring equipment.Presently, Eleph-Print Tech chiefly comprises two series of products: the EasyScan series and the EliteScan series, both of which operate on the same fundamental principles.The EasyScan series, encompassing airborne LiDAR, 3D SLAM, and terrestrial laser scanners, boasts characteristics of low cost, lightweight, and high precision. Upon standardized integration, it synergizes with team’s longstanding expertise in holistic system control technology and point cloud optimization algorithms, offering a distinctively characteristic product. Notably, its price is very competitive, and its weight can be as light as a few hundred grams,which consistently set records for lightness. Reportedly, this range of products has already secured nearly ten million overseas deliveries in the first half of 2023, pioneering “technology exports” within the industry and receiving widespread acclaim from end-users and distributor networks worldwide.
The EliteScan series, quintessentially mid-to-long range, utilizes bespoke components in conjunction with fusion technology and efficient point cloud algorithms. Entirely self-designed by Eleph-Print Tech, it possesses full proprietary intellectual property rights, producing customized products catered to client needs, capable of achieving high performance effects with low-cost components.
The investor from Zhengxuan elucidates: The three-dimensional laser scanner is an essential tool for efficaciously procuring three-dimensional data, possessing a high technical barrier. Amid the trend of digitization and intelligent development, its application scenarios are experiencing rapid proliferation. The Eleph-Print Tech team, with over a decade of dedication to the field of three-dimensional laser scanners, is an experienced, mature, and passionate collective. We are steadfast in our belief that Eleph-Print Tech boasts promising prospects and is poised to establish itself as an exceptional domestic brand in the arena of three-dimensional laser scanners.
Venture capitalist Qi Dongliang of Shunrong Capital remarked: The technological threshold of high-precision 3D laser scanners is notably high. Eleph-Print Tech team possesses a decade plus of technical expertise and commercial practice in this arena. As the world transitions from two-dimensional to three-dimensional information acquisition, the application of 3D laser scanners is poised for exponential growth. We have faith in Eleph-Print Tech team’s past experiences and fervent entrepreneurial passion to propel the industry forward.Investor Zhang Andong of Huagong Ruiyuan articulates: The LiDAR industry resides within a trillion-dollar blue ocean market. With the advancement of AI, AR/VR, intelligent driving, the metaverse, and industrial digital twinning, there is clear certainty of rapid growth in the coming years. The core team at Eleph-Print Tech boasts extensive experience in the 3D LiDAR industry, with their product research and sales being a significant industry trendsetter.
The company’s positioning of a universally applicable large-space high-precision 3D LiDAR scanner, coupled with the multiple industry’s expansion, predicts a broad development prospect.Regarding the current market understanding of the two technological approaches of three-dimensional LiDAR and 3D vision recognition, Chen Haijia, CEO of Eleph-Print Tech, told 36Kr that 3D vision recognition is still more applied in the short-distance direction, while the long-range, high-precision three-dimensional LiDAR represented by Eleph-Print Tech has a higher technical difficulty and a relatively wider application range, which is universally applicable to most of the aforementioned scenarios.Ultimately, Eleph-Print Tech articulates, “Three-dimensional laser scanning technology is a crucial tool for digital acquisition in complex scenarios within the digital economy. Our mission is to facilitate the popularization of digital spatial technology; from the perspective of developmental needs of the era, data collection and processing methods will inevitably integrate multi-sensor upgrades. The transition from two-dimensional to three-dimensional virtual space is bound to be realized.”
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