VAST (Sanqi Wanwu) made an announcement this month, revealing that it has successfully secured over RMB 1 billion in Series A3 strategic financing. This funding round boasts an impressive roster of investors, featuring industry behemoths like Geely Capital, prominent game developers such as 4399, esteemed internet strategic investors, as well as top-tier investment firms and local industrial funds, exemplified by E-Town Capital. Notably, existing shareholders INCE Capital and Genesis Capital have also continued their support with further investments.
This significant capital injection not only highlights the capital market's endorsement of VAST's preeminent status in the realm of AI 3D large models and world models but also affirms its practical value in pivotal industrial sectors, such as intelligent manufacturing.
Over the past six months, VAST has achieved remarkable milestones. It has unveiled industry-leading 3D large models, Tripo H3.1 and Tripo P1.0, introduced innovative algorithms like 8K texture mapping, and consistently topped global AI 3D model leaderboards. Furthermore, the company has launched its ambitious world model project, Project Eden, presenting a technical methodology that inherently separates underlying state inference from visual rendering.
After three years of dedicated development, VAST has constructed a comprehensive model and product ecosystem. This includes self-developed 3D foundational models, world models, a one-stop AI 3D native workbench, and a suite of ecological applications.
With this new round of financing, VAST plans to ramp up investment in core algorithm refinement, data aggregation, and the acquisition of top-tier talent. The company aims to expedite its global market commercialization and industrial ecosystem development, thereby enhancing its global technological and product competitiveness. Ultimately, VAST strives to deliver superior services to creators and enterprise users alike.