Changguang Satellite completes nearly 5 billion yuan equity financing
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"Kuaizao Technology" completes 1 billion yuan financing, the largest single financing in the primary market for consumer-grade 3D printing.
36Kr has exclusively learned that Snapmaker, a consumer-grade 3D printing company, recently completed a new round of financing totaling 1 billion yuan. This round was led by Cathay Capital, with participation from TAL Education Group's strategic investors. Existing shareholders, including Meituan Strategic Investors, Meituan Dragon Ball, Hillhouse Capital, and Shunwei Capital, significantly oversubscribed. Gaohu Capital served as the exclusive financial advisor. This is one of the largest single financing rounds in the consumer hardware sector since 2025, and also the largest single financing round in the primary market for consumer-grade 3D printing in the past two years.
Siasun Robot & Automation Co., Ltd. completes A+ round financing of hundreds of millions of yuan.
According to Mars Finance, Siasun Robot & Automation Co., Ltd. announced the completion of its Series A+ equity financing round, raising hundreds of millions of yuan. The round was jointly led by Hongtai Fund and CDH Investments, with participation from well-known capital firms such as China Chengtong Fund, Dazhong Juding, and Guangzhou Suyuan. Existing shareholder Dongjun Capital also increased its investment.
Morphi, a company specializing in embodied intelligence, has completed a series of angel round financing rounds exceeding 1 billion yuan.
Mars Finance reported on July 7th that Morphi, a holographic intelligence company, officially announced the completion of its angel round of financing, exceeding 1 billion yuan. This round was jointly invested by Alibaba and Tencent, with participation from over ten leading institutions including Guanghe Venture Capital. Following the financing, the company's valuation surpassed 7 billion yuan, setting a record for the largest publicly disclosed first-round financing in the domestic holographic intelligence sector. (Venture Capitalist CLUB)
Shanghai Xinghe completes hundreds of millions of yuan in financing.
According to Mars Finance, Shanghai Xinghe, a high-end machine tool company, recently completed a financing round of several hundred million yuan. This round was led by Wuliangye Fund, with listed company Megmeet participating, and Deep Blue Capital serving as the long-term exclusive financial advisor. The funds will primarily be used for R&D investment in high-end gear grinding machines, grinding machines, milling machines, and other products, as well as to promote the commercialization of new products and overseas markets.
Xingchen New Energy has completed its third round of financing of nearly 500 million yuan, officially launching its Pre-IPO financing process.
According to Mars Finance, Xingchen New Energy recently completed its third round of financing, raising nearly 500 million RMB. Investors in this round include Shaoxing Xinghui, CITIC Securities Capital, Sichuan Green, Eastmoney Investment, ICBC Capital, Changshi Investment, and Ace Energy, among others. This marks Xingchen New Energy's second major investment from the capital market, following its over 300 million RMB financing round last year. With this latest round of financing, the company has officially begun its Pre-IPO financing process.
"Quantity Intelligence" completes tens of millions of yuan in angel round financing.
According to Mars Finance, "Lianggan Intelligence" has recently completed an angel round of financing worth tens of millions of yuan, led by Futeng Capital (a subsidiary of Shanghai Guotou) and followed by Liuhe Venture Capital.