Woofun AI reports that Meshy has finalized a Series B financing round totaling nearly $400 million, resulting in a post-money valuation surpassing 10 billion RMB. The round included participation from IDG Capital, WI Harper Group, and Monolith Growth Ventures, while existing investors Granite Asia, Sequoia China, BAI Capital, and Source Code Capital participated in follow-on investments.

The funding is supported by existing revenue streams, with annual recurring revenue exceeding $40 million in April. The platform currently serves over 10 million users and has generated more than 100 million 3D models. Meshy is shifting focus from 3D asset creation to real-time gameplay generation through Meshy Labs, having demonstrated its first AI-native title, "Black Box: Infinite Arsenal," which utilizes AI for real-time weapon and skill generation within traditional game engines.