VAST
Category: AI Developer Tools
A generative AI platform that creates production-ready 3D models from text prompts, images, or sketches using state-of-the-art 3D foundation models. VAST was founded in 2023. The company is led by Simon Song. Based in Beijing, China. Team size: 100+. Total funding raised: $50.0M. Latest round: Series A. Key investors include Alibaba, Baidu Ventures, Hengxu Capital, Beijing Artificial Intelligence Industry Investment Fund, Eminence Ventures, Oasis Capital, Fortune Capital, Tsinghua Alumni Seed Fund.
AMW Analysis
VAST's platform generates production-ready 3D models from text, image, or sketch inputs using its own foundation models, targeting a sharp reduction in 3D asset creation time and cost through automated texturing, rigging, and retopology. The company's news flow over 2026 shows a rapid succession of funding events: a $50M Series A led by Alibaba and Hengxu Capital in March, at which point its Tripo platform had generated close to 100 million 3D models for 6.5 million creators and released a version capable of producing assets in about two seconds. This was followed in June by roughly $200M in combined A+ and A++ rounds, reported alongside disclosures of a world model roadmap spanning 3D content generation and robotics applications, and coverage describing the company reaching unicorn status. In July, VAST closed a further Series A3 round exceeding 1 billion RMB, this time bringing in strategic backing from Geely alongside gaming and internet investors, broadening its investor base beyond earlier backers such as Baidu Ventures and the Beijing Artificial Intelligence Industry Investment Fund. The cadence of successive rounds within a single year points to sustained fundraising momentum alongside expanding product scope.
AMW analysis, generated from 5 tracked news signals.
- Founded
- 2023
- Headquarters
- Beijing, China
- Team size
- 100+
- Total funding
- $50.0M
Value proposition
Reduces 3D content creation time from hours to seconds with AI-powered text-to-3D, image-to-3D, and sketch-to-3D generation, including auto-rigging, texturing, and retopology—delivering production-ready assets at dramatically lower cost.
Products and solutions
Tripo 3.0 (2B parameter 3D foundation model), Tripo Studio (AI-powered all-in-one 3D workspace), Tripo H3.1 (high-fidelity geometry for industrial design), Tripo P1.0 (lightweight topology-aware meshes for real-time), Tripo W1.0 (early-stage world model initiative), TripoSR (fast image-to-3D reconstruction model), TripoSG (high-fidelity image-to-3D generation), TripoSF (high-resolution 3D modeling up to 1024³), UniRig (automated 3D rigging system), Tripo API Platform, ComfyUI Plugin Integration, Blender/Unity/Unreal/Maya/3ds Max Plugins
Unique value
Industry-leading speed (game-ready 3D models in ~8 seconds), state-of-the-art quality across multiple benchmarks, and comprehensive end-to-end workflow from generation to animation-ready assets. First Chinese entrepreneur to deliver keynote at SIGGRAPH 2023. Generated nearly 100 million 3D models on platform.
Target customer
Game developers, 3D artists and designers, animation studios, gaming companies, VR/AR content creators, 3D printing enthusiasts, e-commerce platforms, and industrial designers
Industries served
Gaming & Interactive Entertainment, Animation & VFX, 3D Printing & Additive Manufacturing, Virtual/Augmented Reality, E-commerce & Retail, Industrial Design, Education & Simulation, Digital Twins
Technology advantage
Proprietary 2-billion parameter 3D foundation model (Tripo 3.0) trained on millions of 3D datasets with 300% improved detail. Innovative architecture combining document image transformer (DiT) for long-range dependencies with U-Net for fine details. SparseFlex representation enables high-resolution modeling up to 1024³. Supports complex internal structures and open surfaces—ending the era of crude 'dough-like' AI-generated models.
How they differentiate
Industry-leading generation speed (~8 seconds for game-ready 3D models), proprietary 2-billion parameter 3D foundation model (Tripo 3.0) with 300% improved detail, comprehensive end-to-end workflow including auto-rigging and texturing, and strong enterprise partnerships with major tech companies. First Chinese entrepreneur to deliver keynote at SIGGRAPH 2023.
Main competitors
Luma AI, Rodin (Hyper3D), Meshy AI
Key partnerships
Stability AI (TripoSR co-development), Sony (glasses-free 3D display integration), Tencent (enterprise partnership), ByteDance (enterprise partnership), Microsoft (enterprise partnership), NetEase (enterprise partnership), HTC (VR/AR collaboration), Alibaba (investor and enterprise partner), Baidu Ventures (investor), Eminence Ventures (investor), 3D Printing Companies: Bambu Lab, Anycubic, Creality, Elegoo, Anitya (strategic partnership), Hengxu Capital (investor), Beijing AI Industry Investment Fund (investor)
Notable customers
Tencent, ByteDance, Microsoft, Sony, HTC, NetEase, Stability AI, Popmart, Bambu Lab, Replit, Alibaba
Major milestones
Founded in March 2023 by ex-MiniMax co-founder Simon Song, First Chinese entrepreneur keynote speaker at SIGGRAPH 2023, Secured Pre-A+ round (tens of millions) led by Beijing AI Industry Investment Fund, June 2025, Secured $50M Series A funding led by Alibaba and Baidu Ventures, March 2026, Reached 6.5M+ creators and 90,000+ developers globally, Generated 100M+ 3D models on platform, Achieved ~$12M annual revenue (~$1M/month), Launched Tripo 3.0 with 2B parameter model, Launched Tripo H3.1, P1.0, and W1.0 world model, Co-developed TripoSR open-source model with Stability AI, Established partnerships with 700+ enterprise customers, Opened San Francisco HQ for US market expansion, Named to Forbes Asia 100 To Watch 2025
Growth metrics
~6.5 million creators, 90,000+ developers, 700+ enterprise customers, ~$12M ARR, 100M+ 3D models generated, 40,000+ business partners
Market positioning
Leading global 3D AI platform with dual HQ in China and US, positioned as the speed and quality leader in native 3D generation. Targeting both consumer creators and enterprise customers with production-ready assets. Expanding into world models and spatial AI infrastructure.
Geographic focus
Primary: China (Beijing, Hangzhou) and US (San Francisco); Secondary: Japan, Korea
Patents and IP
Multiple open-source foundation models released: TripoSR (co-developed with Stability AI), TripoSG (1.5B parameters), TripoSF (ICCV 2025 oral paper), with additional proprietary technology in Tripo 3.0 commercial platform
About Simon Song
Former SenseTime CEO Office executive and AI gaming division leader; Co-founder of Chinese AI unicorn MiniMax (valued in billions, planning Hong Kong IPO); Led multiple AI projects bringing generative AI to animation and gaming industries at SenseTime; First Chinese entrepreneur to deliver keynote at SIGGRAPH 2023; Founded VAST at age 25 in 2023
Latest news about VAST
- VAST completes over 1 billion RMB Series A3 with backing from Geely, gaming, and internet investors
- VAST raises nearly $200M in A+ and A++ rounds, reveals world model roadmap
- Vast raises $200M for 3D AI models, becomes China's latest AI unicorn
- VAST raises $200M in Series A rounds, unveils world model for robotics
- VAST secured $50M Series A funding led by Alibaba and Hengxu Capital, with its Tripo platform generating nearly 100M 3D models for 6.5M creators. The new Tripo P1.0 generates professional 3D assets in
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Official website: https://www.tripo3d.ai
