VAST Raises $700M, Unveils TripoP2.0 Native Quad-Topology 3D Model

智东西 · wechat · 2026-09-01

AI 3D unicorn VAST announced the completion of Series B and B+ financing rounds totaling approximately 3 billion RMB. Combined with the over 1 billion RMB Series A3 round closed in July, the company has raised about 5 billion RMB in less than six months, setting a record in the 3D native intelligence sector.

The round was led by Matrix Partners China, with strategic investors from gaming, automotive, and film industries like Perfect World, 37Games, and ThunderSoft, alongside existing investors.

Tech Release: TripoP2.0

VAST also released its flagship 3D native foundation model, TripoP2.0, featuring:

Founded in 2022, VAST's team includes alumni from SenseTime, MiniMax, Kuaishou, and Tencent.

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