The fund was co-led by Temasek Holdings, Cathay Capital, and HaoChen Capital, with participation from NIO Capital, CAS Investment Management, and Creo Capital.
As the largest financing in the field of intelligent manufacturing of non-standard parts since 2021, the fund will be mainly used for the innovation business investment, market development and technology and R & D of the WeNext.
Founded in October 2014, WeNext, as the earliest and current 3D printing service platform in China, has grown into a multi-site supply chain service platform for 3D printing, CNC, mold injection molding, sheet metal and so on.
At present, with more than 100 production partners worldwide, a cumulative service of nearly 130,000 customers, a production capacity of 1200 hand plate models and a delivery punctuality rate of more than 98%, WeNext has become the largest Internet manufacturing service platform in the Asia-Pacific region by providing flexible supply chains for globalMaker and SME with transparent prices, 24-hour delivery and full self-service production.