
Can Elegoo’s Latest 500M Yuan Round Counter the “Bambu Effect”?
Chinese 3D printer manufacturer Elegoo (Shenzhen SmartPie Technology Co., aka SmartPie) has completed a B+ round of financing worth over 500 million yuan ($73.3 million). The round was jointly backed by Meituan and its investment arm, Dragon Ball, alongside Guoce Capital, Hillhouse Capital, Minghui Zhiyuan Capital, Shenzhen Capital Group, Shanghai High-Tech Investment Group, and Yintai…
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