# ELEGOO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/elegoo

- Industry: Industrial Machinery
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.elegoo.com
- Total disclosed funding: $73M
- Latest round: Series B (Apr 14, 2026)
- Investors on record: 10

## About

Based in Shenzhen, China and founded in 2015, Shenzhen Elegoo Technology Co., Ltd., trading as ELEGOO, focuses on the design, production, and sale of innovative consumer 3D printing and creative hardware products. The company's founder is Chris Hong. Over time, the company has built a portfolio of equipment and kits that serve hobbyists, educators, and creative enthusiasts around the world. In April 2026, ELEGOO raised CNY 500 million in series B+ funding led by Long Z Investment, with participation from Ventech China, Panorama Capital, Minghui Zhiyuan Investment, GL Ventures, Shenzhen Capital Real Estate Fund, Hillhouse Investment, Yintai Group, and Shenzhen HTI. The company offers consumer-oriented 3D printers, laser engraving machines, and STEM educational kits, together with consumables and accessories that support creative projects. Its products are designed to enable intuitive use, support programming integration, and deliver personalized maker experiences for diverse user groups.
The company generates revenue from the manufacturing and sale of 3D printers, laser engravers, STEM kits, and related hardware and consumables, through direct and channel distribution.
The company will use the series B+ funding in April 2026 to support its five key areas: First, strengthening the recruitment of high-end talent and team building to solidify core technical and management capabilities; second, deepening core technology research and development, breaking through key technologies for consumer-grade 3D printing, and improving the industrial ecosystem; third, expanding into the global market, consolidating and expanding overseas advantages; fourth, upgrading production capacity and supply chain systems to ensure global market delivery capabilities; and fifth, promoting the globalization of the ELEGOO brand to enhance brand value and industry leadership.

## Funding rounds

- Series B, Apr 14, 2026, $73M — Hillhouse Investment, Ventech China, Shenzhen HTI, Yintai Group, Long Z Investment, Shenzhen Capital Real Estate Fund, GL Ventures, Panorama Capital, Minghui Zhiyuan Investment
- Series B, Jan 21, 2026 — Shenzhen HTI, Hejun Growth Capital

## Investors

- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series B
- Hejun Growth Capital — Series B
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series B
- Ventech China (https://capitalatlas.ai/funds/ventech-china) — Series B
- Yintai Group — Series B
- Long Z Investment (https://capitalatlas.ai/funds/long-z-investment) — Series B
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series B
- Panorama Capital — Series B
- Minghui Zhiyuan Investment — Series B
