Nio Capital participated in the 3D printing technology producer’s latest round as it looks to accelerate technology innovation.

WeNext Technology, a China-based 3D printing technology provider, has received $55m in funding from investors including CAS Investment Management, an investment subsidiary of the Chinese Academy of Sciences, DealStreetAsia reported yesterday.

The round was co-led by Singaporean state-owned investor Temasek, Cathay Capital and Straight Capital and also featured Nio Capital, the venture capital firm formed by automotive manufacturer Nio.

Founded in 2014, WeNext provides manufacturing services like 3D printing, rapid tooling, vacuum casting and injection moulding.

The company has served…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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