By li, chen 
On June 17, 2026, as learned by 3Dzyk, leading consumer 3D printing brand Anycubic recently announced the completion of a Series B funding round worth hundreds of millions of RMB. This round was co-led by Guotai Haitong and Fortune Capital, with follow-on investments from Challenger Capital, Mirae Asset Capital (China), and Qingbo Fund. Blacksheep Technology served as the exclusive financial advisor for this round.
This funding will be primarily directed toward FDM multi-color/multi-material printing, high-end photopolymerization products, core hardware and software, new material systems, and global channel and localized service capabilities, further enhancing the company’s product innovation and scalable delivery capabilities in the global consumer 3D printing market.
From Photopolymerization Strengths to FDM Multi-Color Breakthroughs
Founded in 2015, Anycubic is one of the earliest Chinese brands to enter the global consumer 3D printing market. After a decade of rapid development, the company has built a product portfolio covering both FDM and photopolymerization (resin) technology routes, with millions of machines sold to over 200 countries and regions worldwide.
Currently, Anycubic holds more than 700 global patent grants and has an annual production capacity at the multi-million-unit level. In the consumer 3D printing industry, its advantages extend beyond products to encompass R&D, supply chain, scale manufacturing, global channels, and delivery capabilities as part of an integrated ecosystem.
Over the years, Anycubic has built strong brand recognition in the photopolymerization space. The Photon series has a broad user base across scenarios including figurines, jewelry design, industrial prototyping, dental models, and small-batch production. Compared to FDM, photopolymerization emphasizes printing precision, surface detail, and material performance, making it a key technology route for extending consumer 3D printing toward professional applications.
Recently, Anycubic released the Photon P1 and Photon P1 Max, further rounding out its high-end photopolymerization product line. The Photon P1 targets professional creators and quasi-production users, focusing on high-precision printing, stable output, and intelligent assistive experiences. The Photon P1 Max addresses larger-format models and batch printing needs, offering greater efficiency for creators, small studios, and professional users.
Multi-Color FDM Becomes the Main Battlefield in Consumer 3D Printing
In the current consumer 3D printing market, FDM remains the primary technology route for reaching the mass market, and multi-color/multi-material printing is emerging as a key direction for enhancing user experience.
In the past, single-color FDM was mostly used for structural parts, tools, and prototypes. The proliferation of multi-color printing now allows figurines, board game pieces, home decorations, educational models, IP merchandise, and more to more closely resemble finished products, reducing post-processing costs for painting, assembly, and finishing. For everyday users, multi-color printing lowers the barrier from “model to finished object,” bringing consumer 3D printing closer to being a true creative tool for the masses.
At the end of 2023, Anycubic clearly committed to high-speed and multi-color FDM, rapidly shifting its product roadmap. Around products including the Kobra X, Kobra S1 Combo, and Kobra S1 Max, the company continues to strengthen high-speed printing, multi-color/multi-material capabilities, stability, time and material savings, and out-of-box experience, pushing multi-color FDM from “functional” to “stable, easy-to-use, and scalable.”
From an industry perspective, Anycubic’s evolution over the past two years is representative: photopolymerization remains its long-term strength, while FDM multi-color is becoming its new growth curve. This dual-technology approach allows the company to cover more use cases, from entry-level users to professional creators, and from home creation to small-batch production.
Global Delivery Capability Becomes a Competitive Moat
Consumer 3D printing is moving beyond the early adopter/maker market into broader mainstream user adoption. In this process, standalone hardware specs are no longer the sole competitive factor. Product definition, supply chain responsiveness, software experience, material compatibility, channel efficiency, and after-sales service collectively determine a brand’s long-term competitiveness.
Anycubic has established systematic capabilities spanning R&D, manufacturing, materials, channels, and service, with annual production capacity at the million-unit level, capable of meeting the scalable delivery needs of global hit products. At the same time, the company reaches global users through a multi-layered network including D2C official website/independent store, Amazon, and distributor channels, while continuously strengthening localized operations and service response capabilities in key markets.
Notably, AI is lowering the barrier for users to go from 3D model to physical finished object. Beyond hardware innovation, Anycubic is also investing consistently in slicing software, cloud platforms, user interfaces, auto-calibration, parameter recommendations, and other capabilities, aiming to simplify the complex 3D printing process.
Anycubic Founder and CEO Ouyang Lu stated: “Over the past decade, Anycubic has continuously deep dive into the consumer 3D printing space, enabling more users to enter the world of 3D printing with a lower barrier. Photopolymerization is our long-established area of strength, while FDM multi-color is an important direction for consumer 3D printing to reach a larger market. Over the past two years, the company has achieved rapid product iteration and market breakthroughs in high-speed and multi-color FDM. Going forward, we will continue to invest in core hardware, material systems, software experience, and global service capabilities, so that more people can truly turn their ideas into usable, shareable creations. We thank all our investors for their trust, and also thank Blacksheep Technology for their professional support as the exclusive financial advisor in this funding round.”
The project lead from Guotai Haitong stated: “Leveraging a complete supply chain system, rapid technology iteration, and continuously building ecosystem capabilities, China holds an absolutely leading position in the global consumer 3D printing market. Anycubic has long dive in the 3D printing market, continuously iterating its products. Faced with intense competition and market changes, the company has demonstrated the ability to strategically pivot quickly and achieve notable results, showcasing the founding team’s vision and resilience. We believe the company will maintain its leading position, continuing to bring innovation momentum, transformative power, and new heights of development to the industry.”
Dr. Yao Huatong, Investment Director at Fortune Capital, stated: “Consumer 3D printing is in a high-growth phase with vast potential. From an end-state perspective, it has the potential to enter every household, becoming a ‘creative bridge’ connecting the AI virtual world with the real world for each individual. In the short term, with the maturation of AI-generated 3D models and other technologies, the industry will see a new surge of growth in the next two years. Anycubic combines sharp market insight with bold strategic execution, having made decisive investments in the FDM segment over the past few years. Through superior organizational iteration capabilities and sustained resource investment, the company has forged excellent product innovation strength and accumulated multiple generations of technology. The KX series, as a hit entry-level multi-color printer, has already earned market recognition. We look forward to the company launching more impressive products and continuing to lead in the consumer 3D printing segment.”
Zhou Hua, Managing Partner and CEO of Challenger Capital, stated: “3D printing is becoming a shining showcase of China’s intelligent manufacturing going global. Anycubic has深耕 photopolymerization for over a decade, and with keen market insight, pivoted into the FDM multi-color segment, completing a strategic leap in just two years to become a core player in the mainstream. Now, backed by full-stack in-house R&D and million-unit production capacity, Anycubic is naturally expanding the boundaries of creation, transforming from a professional tool for a few into a creative platform for the masses. Challenger Capital has always believed in the simple logic of ‘investing in good products.’ From lowering the barrier to multi-color, to out-of-box experience, to time and material savings, and stable performance, Anycubic has refined small technological breakthroughs into solid product strength. We hope that more Chinese innovations, powered by 3D printing, can cross oceans and distances, reach every desktop globally, and make creative freedom truly accessible.”
Wang Jinyin, Co-President of Mirae Asset Capital (China), stated: “The consumer 3D printing industry is entering a critical phase where product technology breakthroughs, expanding user boundaries, and global demand are converging. Anycubic has深耕 the industry for ten years, establishing a dual-technology roadmap combining FDM and photopolymerization, a global sales network, and demonstrated capabilities in product definition, technological innovation, and scalable delivery. As a long-term investor in China with a global network, Mirae Asset will leverage integrated empowerment through ‘global presence + industrial ecosystem + capital markets’ to support and accompany the company in its growth toward becoming an even more influential Chinese brand in the global consumer 3D printing landscape.”