VAST Raises Another $3 Billion: Skyrockets from Series A to B+ in Just Six Months

Insightful Beating AI Newsflash: AI 3D company VAST (Vast All Senses Tech) has completed Series B and B+ funding rounds, totaling approximately $3 billion, led by Sinovation Ventures. Perfect World, BlueFocus, CAS Star, iQIYI, and other industry players participated, with Dacheng Fund, Chunhua Capital, 4399 Holdings, and existing shareholders following on. The specific valuation for this round has not been disclosed.

The speed of fundraising is even more remarkable than the amount raised. VAST had just completed a $50 million Series A round in March, raised nearly $200 million in Series A+ and A++ rounds in June, and secured over $1 billion in Series A3 funding in July. Adding up the public amounts, the total funding has now reached close to $6 billion.

AI 3D has indeed become the focal point of capital investment recently. Its direct competitor, Meshy, completed a nearly $400 million Series B round in July, reaching a valuation of $1.5 billion.