Vast, a China-based 3D-modeling startup founded by a 29-year-old gamer, raises nearly $200 million and reaches a $1 billion valuation, making it the latest Chinese AI “unicorn,” according to reports. The funding round reportedly totals about $200 million. The company focuses on developing production-grade 3D models for a range of uses, including video games, filmmaking, 3D printing, and industrial applications. Vast competes with other efforts in the space, including Tencent Holdings’ Hunyuan 3D and the U.S. startup Meshy, which are also working on 3D modeling technologies. Across the coverage, the key points are Vast’s youth-led founding, the scale of the financing, and its newly reported valuation. The reporting does not detail the investors involved or specific terms of the deal in the provided excerpts. Overall, the announcements frame the raise as part of broader growth in China’s AI sector and the increasing commercial demand for advanced 3D content and modeling tools.