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Snapmaker has recently concluded a significant new round of financing, raising RMB 1 billion. This round was spearheaded by Cathay Capital, with strategic investments pouring in from TAL Education Group and Meituan Strategic Investments. Notably, existing investors such as Meituan Dragonball, Hillhouse Capital Ventures, and Shunwei Capital also actively participated, with their subscriptions exceeding expectations. Gaohe Capital played a pivotal role as the exclusive financial advisor for this transaction. This financing milestone stands out as one of the most substantial single investments in the consumer hardware sector since 2025 and represents the largest funding round in the consumer-grade 3D printing field on the primary market over the past two years. Furthermore, Snapmaker's revenue has witnessed a remarkable tenfold increase on a year-on-year basis.
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