San Francisco, July 02, 2026 (GLOBE NEWSWIRE) -- Tripo AI announced this month that it has completed its Series A3 financing round, raising $150 million.

The round brought together a broad group of strategic and financial investors across the automotive, gaming, internet, and technology sectors. Automotive backers included Geely Capital among other strategic investors. Gaming companies 4399 Network, Tanwan, and Giant Network also took part, alongside strategic investors Fosun Capital and Orinno Capital. Financial investors CoStone Capital, Addor Capital, T-Capital, and Muhua Tech Ventures joined as well. Existing shareholders INCE Capital and Genesis Capital further increased their investments, underscoring their continued confidence in Tripo AI's strategic direction and long-term growth prospects.

The breadth of the investor base reflects growing cross-sector recognition of Tripo AI's leadership in 3D foundation models and world model technologies. These technologies are expected to play an increasingly important role in intelligent manufacturing, interactive entertainment, internet applications, and embodied intelligence.

Over the past six months, Tripo AI has released a series of advanced 3D foundation models, including Tripo H3.1 and Tripo P1.0, while introducing major algorithmic breakthroughs such as 8K Texture Generation and Segmentation V2. In independent blind evaluations and community voting, Tripo AI has consistently ranked among the world's top AI 3D models. The company also introduced Project Eden, its world model research preview, pioneering native architecture that decouples underlying state simulation from visual rendering and establishing a new paradigm for world model development.

Following the completion of this round, Tripo AI will further increase investment in 3D foundation models and world models, with a focus on core algorithm development, data infrastructure, and the recruitment of top global talent. The company will also accelerate its global commercialization and strengthen its industry ecosystem, reinforcing its technology and product leadership while delivering more powerful AI solutions to creators and enterprise customers worldwide.

About Tripo AI

Tripo AI is a globally leading general artificial intelligence company, dedicated to building next-generation interactive content creation capabilities for the mass market, powered by its proprietary AI 3D foundation models and world models. Its mission is to democratize creativity at scale and ultimately establish an interactive world content platform.

The company has developed a comprehensive end-to-end product ecosystem, built around its proprietary 3D foundation models and world models, along with ecosystem plugins and an integrated all-in-one workspace. Backed by a world-class AI research team and a vast repository of high-quality spatial assets, Tripo AI is advancing AI toward true spatial understanding, physical simulation, and real-world production.

Tripo AI’s models and products have been widely adopted by individual users and enterprises globally, serving industries including intelligent manufacturing, virtual reality, interactive entertainment, and embodied AI, empowering enterprises to unlock new productivity and accelerate real-world applications at scale.

CONTACT: Yinyin Wang
Tripo AI
wangyinyin@vastai3d.com

Hong Kong home prices notched their strongest half-year performance in eight years, with a widely watched index breaking above the 160 mark and approaching a near three-year high. The latest reading of the Centa-City Leading Index (CCL), which tracks secondary residential prices, climbed 0.52% week-on-week to 160.77, marking a fifth consecutive weekly gain and a cumulative rise of 2.11% over that period. The level is the highest since early September 2023, or 147 weeks.

Measured over the first six months of the year, the CCL advanced 11.56%, the biggest half-year increase since a 13.2% jump in the first half of 2018. The gain sharply outstripped the 4.7% rise recorded for the whole of 2025, exceeding that full-year performance by 6.86 percentage points. Centaline Property’s research department attributes the turnaround to a decline in HIBOR from May 2025 and two rounds of local bank rate cuts last year, which together helped prices bottom out and reverse course. From the low of 135.16 points when H‑rate mortgages again fell below their cap in May last year, the CCL has now risen 18.95%; compared with the 134.89 level before the March 2025 budget, it is up 19.19%. The index is now 18.34% above its level before the first rate cut in September 2024, and its gap from the historic peak of 191.34 in August 2021 has narrowed to 15.98%.

The latest advance has been broad-based across market segments. The CCL Mass, covering large housing estates, rose 0.43% week-on-week to 162.19, extending its climb for a third week and accumulating a 1.60% gain to the highest level since late August 2023. The sub-index for small and medium-sized units rose 0.50% to 160.78, also up for three straight weeks and 1.62% higher over that stretch, while the large-unit index gained 0.61% to 160.71, its fourth weekly rise in a row and a 3.64% gain over that period. On a half-year basis, all eight major price indices increased, with six of them advancing more than 10%. The overall CCL was up 11.56%, CCL Mass 11.72%, small and medium units 11.56% and large units 11.53%.

By district, Hong Kong Island outperformed the rest of the city by a wide margin, underscoring a pronounced “luxury effect” in the current upcycle. The Island’s mass-housing index climbed 1.41% in the latest week to 164.11, its third straight weekly gain and a 3.78% advance over that period, reaching a 149-week high dating back to mid-August 2023. Over the first half, Island prices surged 17.09%, compared with gains of 11.33% in Kowloon, 8.71% in New Territories East and 9.17% in New Territories West. In the latest week, New Territories West rose 0.39% to 144.9, a high not seen since early October 2023, while New Territories East edged up 0.15% to 172.43, near its early-September 2023 peak. Kowloon slipped 0.1% to 161.13 but remained at its second-highest level since early July 2023.

Despite the sharp rebound in prices, Centaline’s research team expects the pace of appreciation to moderate in the coming months. They cite a pullback in Hong Kong equities, a slower launch pipeline for new developments, more hardline pricing stances among second-hand sellers and a visible drop in transaction volumes, alongside the possibility of US rate hikes, as factors likely to cap further gains. The firm is targeting 165 points for the CCL in the third quarter, implying a further rise of 4.23 points, or about 2.63%, from current levels.