Consumer 3D-printing firm Snapmaker has completed a new 1.0 bln yuan financing
round led by Cathay Capital. TAL Education’s strategic investment arm
co-invested, and existing shareholders—including Meituan’s strategic investment
arm, Meituan Longzhu, Hillhouse Ventures and Shunwei Capital—substantially
oversubscribed. Gaohu Capital acted as sole financial adviser. The transaction
is among the largest single rounds in the consumer hardware sector since 2025
and the largest primary-market financing in consumer-grade 3D printing in the
past two years.
