Snapmaker Valuation, Funding & Investors

Snapmaker is valued at $883M as of July 2026.

Last Snapmaker valuation

$883M

Series C · Jul 2026

Last Snapmaker funding round

$147M

Series C · Jul 2026

Cumulative funding Snapmaker raised

$172M

across 5 funding rounds

Key investors in Snapmaker

  • Shunwei Capital
  • Cowin Capital
  • Cathay Capital
  • Hillhouse Capital
  • Longzhu Capital
  • Nanshan War Xintou

Snapmaker Overview

About Snapmaker

Snapmaker is a desktop manufacturing platform combining 3D printing, laser engraving, and CNC carving in modular machines. Shenzhen-headquartered since 2015, its 2.0 and A350T models feature dual extrusion, 4th-axis machining, and 10W lasers for materials like wood, leather, and metals. Snapmaker Luban software supports G-code slicing and toolpath design. The company ships globally, serving hobbyists, educators, and small workshops.


Founded

2016

HQ

ChinaGuangdong

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$883M (Jul 2026)

Snapmaker Valuation

Snapmaker is currently valued at $883M, based on its Series C in July 2026.

The $147M round was led by Cathay Capital, with participation from Longzhu Capital, Shunwei Capital, Meituan Strategic Investment, TAL Education Group and Hillhouse Capital.

Snapmaker valuation by funding round

Snapmaker valuation by funding round
DateStageValuation
Jul 2026Series C$883M

Snapmaker Funding History

Snapmaker has raised a total of $172M across 5 funding rounds.

Snapmaker's first fundraising round was a $1M pre-seed round in April 2017. The most recent completed round was a $147M Series C in July 2026.

Snapmaker funding rounds

Snapmaker funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2026Series CCathay Capital (lead); Longzhu Capital; Shunwei Capital; Meituan Strategic Investment; TAL Education Group; Hillhouse Capital$147M$883MConsumer 3D printing company Snapmaker (Kuaizao Technology) completed a RMB 1.0 billion (~$139M) Series C funding round on July 8, 2026, led by Cathay Capital (Cathay Innovation) with TAL Education Group's strategic investment arm participating as a follow-on investor. Existing shareholders Meituan Strategic Investment, Meituan Longzhu, Hillhouse Ventures, and Shunwei Capital substantially over-subscribed in the round, while Highlight Capital (Gao Hu Capital) served as exclusive financial advisor. The transaction post-money valuation is RMB 6.0 billion (~$833M), representing a significant re-rating driven by the commercial success of the U1 crowdfunding campaign which delivered over 100,000 units. The RMB 1.0 billion raise ranks among the largest single-round consumer hardware financings in China since 2025 and is the largest consumer 3D-printing funding round in two years. Snapmaker, founded and led by CEO Xuedong Chen, operates from Shenzhen and specializes in modular 3-in-1 multifunctional 3D printers for consumer use. The financing will be primarily deployed for R&D of consumer-grade 3D printing products, global market expansion, and supply chain construction, with a strategic focus on developing a model ecosystem.
Dec 2025Series CShunwei Capital; Nanshan War Xintou; Cowin Capital---
Aug 2025Pre-seed-$21M-Snapmaker, a Chinese manufacturer of multifunctional 3D printers, completed a Series B funding round co-led by Hillhouse Ventures and Meituan, with participation from Shunwei Capital, Meituan Longzhu, and Nanshan Strategic Emerging Investment, plus follow-on investments from existing shareholders Tongchuang Weiye and Orient Securities Capital. The round, announced around December 2025, was described as 'tens of millions' USD or 'hundreds of millions of yuan' and aims to accelerate core technology R&D for multicolor printing and high-speed fabrication, global talent acquisition in hardware, AI software, and content ecosystems, and building a 3D printing ecosystem with creators and partners. The funding follows Snapmaker's record-breaking Kickstarter campaign for its U1 3D printer in August 2025, which raised over $20 million (approximately 150 million yuan) from more than 20,000 backers, surpassing previous 3D printer crowdfunding records and eclipsing their 2019 Snapmaker 2.0 campaign's $7.85 million. The U1 features multicolor printing, multi-material handling, 300°C hotends, heated bed, built-in camera, wireless connectivity, and is powered by Snapmaker Orca, OrcaSlicer, and Klipper software. All U1 units from the campaign have been delivered, with global retail availability starting in Q1 2026. Snapmaker's strategy shifts from product-led growth to ecosystem expansion, leveraging community beta testing, maker faire demos, and partnerships to drive success. The company produces hundreds of printers daily at its factory and launched the U1 on platforms like JD.com with subsidies. This positions Snapmaker amid rising investor interest in additive manufacturing, with $650 million invested across 40 3D printing deals in 2024.
Feb 2019SeedCowin Capital (lead)$3M-Snapmaker is a desktop 3D printer manufacturer that has become a major Kickstarter success story. The company raised $7.8 million through Kickstarter in 2019 for the Snapmaker 2.0 and later achieved a record-breaking $20 million in crowdfunding for its U1 model. In the February 2019 Seed round led by Cowin Capital, the company generated $7.85 million in annual revenue. Snapmaker went on to secure significant Series B funding in October 2025 from a consortium led by Hillhouse Ventures and Meituan, with participation from Shunwei Capital (founded by Xiaomi's Lei Jun), Longzhu Capital, Nanshan Innovation Investment, and returning investors Cowin Capital and Orient Securities Capital. The company is focused on developing innovative 3D printing technology including tool changers and ecosystem features, with plans to leverage the funding for research and development, hiring, and market expansion.
Apr 2017Pre-seed-$1M--

Who has invested in Snapmaker?

8 investors have backed Snapmaker across its funding rounds, including Shunwei Capital, Cowin Capital, Cathay Capital, Hillhouse Capital, Longzhu Capital and Nanshan War Xintou.

Lead investors include Cathay Capital and Cowin Capital.


Snapmaker Investors

Investors in Snapmaker by funding rounds participated
InvestorHQRoundsRoleFirst check
Shunwei CapitalChinaBeijing2ParticipantDec 2025
Cowin CapitalChinaShenzhen2LeadFeb 2019
Longzhu CapitalChinaBeijing1ParticipantJul 2026
Nanshan War XintouChinaShenzhen1ParticipantDec 2025
Meituan Strategic InvestmentChinaChina1ParticipantJul 2026
TAL Education GroupChinaBeijing1ParticipantJul 2026

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Snapmaker Competitors

Snapmaker competitors include listed companies like Stratasys and 3D Systems, and private ones like VulcanForms, SWISSto12, Triastek and Lightforce Orthodontics.

Public and private companies comparable to Snapmaker
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
VulcanFormsUnited StatesUnited StatesPrivate--$1B-
StratasysUnited StatesUnited StatesPublicly listed$551M($29M)$700M0.9x
3D SystemsUnited StatesUnited StatesPublicly listed$387M$72M$603M1.6x
SWISSto12SwitzerlandLausannePrivate$140M-$583M4.2x
TriastekChinaNanjingPrivate$23M-$464M20.2x
Lightforce OrthodonticsUnited StatesUnited StatesPrivate--$400M-

Snapmaker Public Comps

Snapmaker is still privately-owned, but its public comps include Stratasys, 3D Systems, Materialise, ispace, Velo3D, Nano Dimension, Kinpo Electronics, Infinitt Healthcare, Norsk Titanium and Proto Labs.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Stratasys$551M($29M)0.9x0.9x(17.5x)19.6x
3D Systems$387M$72M1.6x1.6x8.5x(43.0x)
Materialise$308M$32M1.2x1.2x11.6x9.0x
ispace$21M($40M)19.6x19.6x(10.4x)(5.3x)
Velo3D$46M($64M)6.1x4.3x(4.4x)(11.7x)
Nano Dimension$102M($122M)----
Kinpo Electronics$5.1B$199M0.5x-13.7x-
Infinitt Healthcare$74M$27M0.9x-2.5x-

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Common questions about Snapmaker

When was Snapmaker founded?Snapmaker was founded in 2016.
Where is Snapmaker headquartered?Snapmaker is headquartered in Guangdong, China.
Is Snapmaker publicly listed?No, Snapmaker is a private, VC-backed company.
What is Snapmaker's valuation?Snapmaker was last valued at $883M in its Series C in July 2026.
How much funding has Snapmaker raised?Snapmaker has raised $172M across 5 funding rounds.
What was Snapmaker's last funding round?Snapmaker's last funding round was a $147M Series C in July 2026, led by Cathay Capital.
Who are Snapmaker's investors?Snapmaker's investors include Shunwei Capital, Cowin Capital, Longzhu Capital, Nanshan War Xintou, Meituan Strategic Investment, TAL Education Group, Cathay Capital and Hillhouse Capital.
Which companies are comparable to Snapmaker?Companies comparable to Snapmaker include VulcanForms, Stratasys, 3D Systems, SWISSto12, Triastek and Lightforce Orthodontics.

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