Hillhouse-backed Digital Tech Firm Style3D Bags USD 100 Million

Technology Author: Boying Ji Jun 21, 2022 02:48 PM (GMT+8)

Style3D completed its pre-Series B+ funding round and it has gradually realized diversified business value expansion such as digital clothing production, combination of virtual and real clothing, digital asset trading, and fashion industry interconnection.

Fashion play

Style3D (Chinese: 凌迪Style3D), a provider of digital infrastructure, announced its pre-Series B+ financing round today. This round is invested by Hillhouse Ventures, CDH Investments, and other institutions, tech news portal lieyunwang.com reported.

The money from this round will mainly be used on R&D of core technology and products and the expansion of oversea market.

Huang Liming, the partner of Hillhouse Ventures, said that as a unique and technologically advanced 3D design integrated collaboration platform in China, Style3D relies on the core simulation rendering technology and flexible engine base to develop a digital fashion system solutions including digital modeling, digital fabric processing, and cloud R&D collaboration platform.

The core products of Style3D are Style3D Studio digital modeling and design software, Style3D Fabric digital fabric processing software, Style3D Cloud R&D full-process collaboration platform, and Style3D creative supply chain platform.

The company’s clients include Bosideng, Septwolves, Lilang, Cotton Times, Ellas, Wanshili, Ribo, Aimu, and reached 3D digital cooperation with e-commerce platforms such as Tmall and Alibaba International Station.

Style3D mainly provides the underlying technical services of independent simulation engines and industrial chain-level industrial software, creating a technology-driven 3D design integrated collaboration platform and becoming the infrastructure of digital fashion. At present, it has been applied to the apparel industry, helping related companies to digitize the entire chain of R&D, collaboration, sales, and production.