Snapmaker Completes 1 Billion Yuan Funding Round

Snapmaker, a consumer 3D-printing company, has completed a new funding round totaling 1 billion yuan. According to Jin10, the round was led by Cathay Capital, with participation from TAL Education Group’s strategic investment arm. Existing shareholders also increased their commitments, including Meituan’s strategic investment arm, Meituan Longzhu, Hillhouse Ventures, and Shunwei Capital, among others. Gaohu Capital served as the exclusive financial adviser. The report said this was one of the largest single consumer-hardware financings since 2025, and the largest single financing in the primary market for consumer 3D printing in the past two years.