Particle.news
Download on the App Store

Bambu Lab Denies Report of Tencent-Backed $10 Billion Funding Round

The company’s confirmed link to Tencent is a cloud partnership that brings the Hunyuan 3D generator to its MakerWorld platform.

Overview

  • 36Kr’s Hard Tech column reported the round was near completion with Tencent participating, citing investors and industry sources.
  • Bambu Lab told 21st Century Business Herald the financing claim is “not true,” and 36Kr said both Bambu and Tencent rejected the report when asked.
  • The disputed report followed a July announcement that MakerWorld would integrate Tencent Cloud’s Hunyuan model to speed text‑ and image‑to‑3D creation.
  • Soochow Securities’ research estimates for last year put Bambu’s revenue at RMB 5.5–6.0 billion with nearly RMB 2.0 billion in net profit.
  • Media tallies suggest more than 1.2 million printers shipped with roughly 29% global share, and the company estimates over 70% of print farms use its P1 series.