VAST Raises RMB 3 Billion in Series B and Series B+ Funding

VAST, a China-based artificial intelligence company specializing in AI 3D technologies, has completed its Series B and Series B+ financing rounds, raising a total of 3 billion yuan. The company has secured approximately 5 billion yuan in total funding over the past six months.

Investors

The funding round was led by Matrix Partners China, with participation from industrial investors including Perfect World, BlueFocus, Core Dynamic Investment, Yanqu Games, Thundersoft, State Radio and Television Investment, and 37 Interactive Entertainment. Financial investors included CDH VGC, CICC Capital, CMC Capital Partners, A+H Capital, 3Z Health Investment, Zhongping Capital, Fujian Industrial Investment Fund, Fujian Venture Capital, Oriza Asia, and Jiangxi Financial Holding. Existing shareholders Dachen Cai Zhi, Primavera Capital, 4399, Muhua Tech, Oasis Capital, Decheng Capital, and Huatech Fund also participated.

VAST Use of Funds

VAST plans to utilize the new capital to accelerate its research and development in the AI 3D space and to scale its operations to meet growing industry demand.

About VAST

VAST is an AI company focused on generative AI technologies for 3D content creation and world-building. Its flagship platform, Tripo, enables users to generate 3D models from text and images for applications across gaming, entertainment, design, 3D printing, and other industries.

Funding Details

Company Website: https://vast3d.ai

Company: VAST
Raised: ¥3B
Round: Series B
Funding Date: September 1, 2026
Lead Investor: Matrix Partners China
Additional Investors: Perfect World, BlueFocus, Core Dynamic Investment, Yanqu Games, Thundersoft, State Radio and Television Investment, 37 Interactive Entertainment, CDH VGC, CICC Capital, CMC Capital Partners, A+H Capital, 3Z Health Investment, Zhongping Capital, Fujian Industrial Investment Fund, Fujian Venture Capital, Oriza Asia, Jiangxi Financial Holding, Dachen Cai Zhi, Primavera Capital, 4399, Muhua Tech, Oasis Capital, Decheng Capital, Huatech Fund
Software Category: Artificial Intelligence
Source: https://eu.36kr.com/en/newsflashes/3964274631859712