"Fast Build Tech" completes a RMB 1 billion financing, marking the largest single financing for consumer-grade 3D printing in the primary market.
36Kr has exclusively learned that Snapmaker, a consumer-grade 3D printing enterprise, has recently completed a new round of financing of RMB 1 billion. This round was led by Cathay Capital, followed by TAL Strategic Investment, with significant over-subscribed follow-on investments from existing shareholders including Meituan Strategic Investment, Meituan Dragon Pearl, GL Ventures, and Shunwei Capital. Gaohe Capital acted as the exclusive financial advisor. This is one of the largest single financings in the consumer hardware sector since 2025, as well as the largest single financing for consumer-grade 3D printing in the primary market over the past two years.