ELEGOO has raised over US $70 million in a Series B+ funding round led by Meituan’s DragonBall Capital, aiming to enhance R&D and expand its global market presence.
Shenzhen Capital GroupMeituan’s DragonBall CapitalShenzhen Hti GroupYintai GroupHillhouse Investment
Description
ELEGOO has raised over US $70 million in a Series B+ funding round. The round, led by Meituan's DragonBall Capital, also saw co-investment from notable firms. The funds will support R&D, talent recruitment, and production upgrades. This announcement was made on April 20, 2026.
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Company Information
Company
Elegoo
Location
Frankfurt, Hesse, Germany
About
Elegoo is a rapidly developing brand in global smart manufacturing, specializing in consumer-grade LCD printers and slicing software. The company focuses on enhancing user experience for both beginners and professionals through innovative solutions. Their products aim to simplify the 3D printing process, allowing users to achieve professional-quality results easily. Elegoo continues to expand its ecosystem by integrating hardware and software to support various 3D printing needs.
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FrankfurtManufacturingSoftware3D Technology3D Printing