KuaiZao Technology completes a financing round of 1 billion yuan, the largest single financing in the primary market for consumer-grade 3D printing.

Consumer-grade 3D printing company Kuaizao Technology (Snapmaker) recently completed a new round of financing worth 1 billion yuan. This round was led by Kaihui Fund, with follow-on investment from TAL Education Strategic Investment. Existing shareholders such as Meituan Strategic Investment, Meituan Longzhu, Hillhouse Venture Capital, and Shunwei Capital participated in a large proportion of additional oversubscription. Gaogu Capital served as the exclusive financial advisor. This is one of the largest single financings in the consumer hardware sector since 2025, and also the largest single financing in the primary market for consumer-grade 3D printing in the past two years. In addition, Kuaizao Technology’s revenue increased 10 times year over year. (36Kr)
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