Prismlab China closes $29m and 20 more deal updates from Greater China worth $1.5bThe company plans to use the fresh capital to further scale its busi…

Prismlab China, a 3D printing solutions provider, has raised 200 million yuan ($29.1 million) in a Series C round of financing led by venture capital (VC) firm Qiming Venture Partners.

The new round saw the participation of existing shareholders, including Chinese investment firm Jolmo Investment and BASF Venture Capital, the corporate VC arm of German chemicals giant BASF, InvesTarget announced in a recent statement. The boutique investment bank served as the exclusive financial advisor to the deal.

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