Meshy completes nearly $400 million Series B financing

36 Kr learned that Meshy announced today that it has completed a Series B financing of nearly 400 million US dollars, with a post-investment valuation of over 10 billion RMB. This round was jointly invested by investment institutions and strategic investors including IDG Capital, Matrix Partners China, and Monolith Ventures, while existing shareholders such as Granite Asia, HSG, BAI Capital, and Source Code Capital made over-subscribed follow-on investments to continue increasing their stakes. This is the largest single round of financing in the AI 3D field to date, setting new records in both single-round financing scale and valuation. The proceeds from this round of financing will be mainly used for the R&D of AI multimodal models and global market expansion.