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 financin

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.