VAST closes B and B+ rounds totaling about RMB 3 billion
AI 3D company VAST, also known as Sanqi Wanwu, has completed its Series B and Series B+ financing rounds, raising a combined roughly RMB 3 billion, according to a report cited by ChainCatcher from Sina Finance. Matrix Partners China led the deal. Other participants included Perfect World, BlueFocus, Xindongneng Investment, Yanqu Games, ThunderSoft, 37 Interactive Entertainment, VGC under CDH, CICC Capital, and CMC Capital. Existing investors such as Fortune Capital, Primavera Capital, and Ince Capital also continued to back the company. VAST said its cumulative fundraising has reached about RMB 5 billion in less than half a year. The company also released Tripo P2, the latest version of its flagship Tripo P series 3D foundation model. The new capital will be used for iteration of native 3D models and data capabilities, expansion of training and inference infrastructure, product development, and commercialization.








