Meshy raised nearly $400 million at a $1.5 billion valuation, announced around September 1, 2026, in what the company describes as the largest Series B ever for an AI 3D generation company. The round lands as generative AI's frontier keeps pushing past text and images and video into a much harder medium: usable 3D assets.
Here's the full breakdown of the raise and why the 3D generation category is suddenly attracting this kind of capital.
What is Meshy?
Meshy is a generative AI platform that converts text prompts or images into usable 3D models in about one minute — work that has traditionally required skilled 3D specialists and hours or days of manual effort. The company says it has 12 million registered users who have collectively created more than 100 million models, and that its annual recurring revenue has grown 12x year-over-year.
The raise: $400M Series B
The headline numbers:
- Amount: nearly $400 million
- Round: Series B
- Valuation: $1.5 billion
- Announced: around September 1, 2026
Meshy is billing this as the largest Series B any AI 3D generation company has raised. Neither the exact valuation trajectory from a prior round nor the specific investor lineup was disclosed in the reporting on the raise — what is clear from the company's own figures is a business scaling quickly on both user growth and revenue.
Who invested in Meshy?
The available reporting on this round did not name the specific investors involved. What is public is the scale of the raise itself and the resulting $1.5 billion valuation — details that will be updated here if more information on the cap table becomes available.
What Meshy will do with the money
Specific use-of-funds details were not disclosed alongside the raise. Given the company's reported growth — 12 million users, over 100 million models generated, and 12x year-over-year ARR growth — a Series B of this size is consistent with a company scaling infrastructure and headcount to keep up with demand it already has, rather than one still searching for product-market fit.
Why it matters
- Generative AI is moving past images and video into 3D. Text-to-image and text-to-video have both matured into competitive, well-funded categories — see the wave of capital behind AI video startups like Runway. 3D generation has lagged because the output has to actually function as a usable asset, not just look convincing, and Meshy's raise suggests investors think that bottleneck is starting to break.
- A 100-million-model user base is a meaningful moat. Getting to 12 million registered users and over 100 million generated models before this raise means Meshy already has the kind of usage data and distribution that's difficult for a new entrant to replicate quickly.
- 3D assets are the next frontier for games, product design, and AR. As those industries lean further into AI tooling, collapsing hours of specialist modeling work into a one-minute generation step is a meaningful productivity shift — one large enough to justify calling this the biggest Series B the category has seen.
Source: Yahoo Finance — Meshy Raises Nearly 400 Million at $1.5B Valuation
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