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.
Amount Raised
$70 Million
Round Type
Series B
FrankfurtManufacturingSoftware3D Technology3D PrintingInvestors
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.
Quick answer
Elegoo raised $70 Million in a Series B round, dated April 20, 2026. Investors: Shenzhen Capital Group, Meituan’s DragonBall Capital, Shenzhen Hti Group, Yintai Group and Hillhouse Investment. Elegoo is based in Frankfurt, Hesse, Germany.
- How much did Elegoo raise?
- Elegoo raised $70 Million in a Series B round on April 20, 2026.
- Who invested in Elegoo?
- Shenzhen Capital Group, Meituan’s DragonBall Capital, Shenzhen Hti Group, Yintai Group and Hillhouse Investment are named as investors in this round.
- What does Elegoo do?
- Elegoo is a rapidly developing brand in global smart manufacturing, specializing in consumer-grade LCD printers and slicing software.
- Where is Elegoo based and how big is it?
- Elegoo is based in Frankfurt, Hesse, Germany. Fundz records about 51 employees.
- Who are the decision-makers at Elegoo?
- Fundz holds 2 contacts at Elegoo, including the Head of Sales. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in 3D Technology and 3D Printing around the same time
Companies in the same sectors as Elegoo that raised within 45 days of this round, from Fundz verified event records.
- 3D Systems raised $16M (Post-IPO Equity) on June 3, 2026.
- Simple Energy raised $26M (Debt Financing) on June 1, 2026.
- Tripo AI raised $200M (Series A) on June 1, 2026.
- Itera raised $12M (Seed) on May 27, 2026.
- Better Futures raised $696K (Seed) on May 20, 2026.
- Xometry raised $50M (Post-IPO Equity) on May 6, 2026.
Who to call at Elegoo, and when
A new round usually means Elegoo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Elegoo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Elegoo, from your own LinkedIn network
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Funding Insights
What this usually meansElegoo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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