Meshy

AI 3D Generation · Gaming · 3D Printing

Funding

Meshy Raises Nearly $400M Series B at $1.5B Valuation, Largest AI 3D Round

Its annual recurring revenue has grown twelvefold in a year, outpacing a category still mostly stuck in demo mode.

• Meshy closed a Series B of nearly $400 million at a $1.5 billion valuation, led by IDG Capital, Matrix Partners China, and Monolith Management, with all existing investors participating.
• Founded by MIT PhD Ethan Hu, Meshy builds foundation models that turn a text prompt or a single photo into a usable 3D model in about a minute.
• Alongside the round, Meshy launched Meshy 3D Agent, billed as the first AI agent for 3D creation, producing print-ready models with up to a 97% slicer success rate and exports for Unity, Unreal, and Blender.
• As of July 2026, Meshy's annual recurring revenue is growing roughly 12x year over year, with more than 12 million registered users and over 100 million models created.
• Customers span gaming studios Nexon, NetEase Games, and 37 Interactive Entertainment as well as 3D printing brands Bambu Lab, Creality, Elegoo, and xTool, signaling real production use rather than demo interest.
• The round marks a bet that AI-generated 3D content is shifting from a viral demo into an actual production pipeline for games, manufacturing, and design.