AI 3D company VAST has closed its Series B and Series B+ rounds, raising about 300 million yuan in total, with Jingwei Venture Capital leading the deal. Strategic investors including Perfect World, BlueFocus, ThunderSoft and 37 Interactive Entertainment also joined, while existing backers such as Dachen Capital, Primavera Capital and 4399 added more capital. VAST did not disclose a valuation in this round.
The company has moved quickly through successive financings this year. It completed a $50 million Series A in March, followed by Series A+ and A++ rounds in June that raised nearly $200 million, and a Series A3 round in July that brought in more than 1 billion yuan. Based on the publicly disclosed amounts, VAST’s total financing has now approached 6 billion yuan. The broader AI 3D market has also drawn attention, with direct rival Meshy raising nearly $400 million in a July Series B at a $1.5 billion valuation.
VAST closes another funding round
AI 3D startup VAST has completed its Series B and Series B+ rounds, raising about 300 million yuan. Jingwei Venture Capital led the deal. Strategic investors included Perfect World, BlueFocus, ThunderSoft and 37 Interactive Entertainment, while existing shareholders such as Dachen Capital, Primavera Capital and 4399 continued to back the company. VAST did not disclose a valuation.
The funding pace has been fast. VAST completed a $50 million Series A in March, then raised nearly $200 million through Series A+ and Series A++ rounds in June. In July, it secured more than 1 billion yuan in a Series A3 round. Using the publicly disclosed amounts, the company’s total financing is now close to 6 billion yuan.
AI 3D has also become a capital-heavy segment more broadly. VAST’s direct competitor Meshy raised nearly $400 million in a Series B round in July, at a $1.5 billion valuation.
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