Tuozhu Technology reaches a settlement with Pop Mart and issues an apology; all related models have been fully taken down.

Tuozhu Technology and Pop Mart’s IP copyright dispute has a new development. On March 16, Tuozhu Technology issued a statement saying that they have negotiated and reached a settlement with Pop Mart, and the related issues have been fully removed.

In late February, due to copyright ownership and infringement disputes, Pop Mart sued Tuozhu Technology. After the court accepted the case, a hearing was scheduled for April 2. An insider close to Pop Mart revealed that Pop Mart’s legal team sent two letters to Tuozhu Technology in May and October 2025 to communicate about platform infringement issues, until the lawsuit was filed.

According to reports, Tuozhu Technology’s 3D model community MakerWorld has a large number of unauthorized printing data models of popular Pop Mart IPs. Users can simply download the models to use Tuozhu printers to “reproduce” trendy toys like Labubu, even for commercial purposes.

In early March, according to the Economic Observer, Tuozhu Technology founder Tao Ye was in communication with Pop Mart founder Wang Ning regarding infringement disputes, seeking settlement and cooperation possibilities. At that time, models related to Pop Mart’s Labubu, Star People, and others had been fully removed from MakerWorld. Searching for “Labubu” or “拉布布” yielded zero results for 3D models.

Tuozhu Technology has not been involved in infringement disputes for the first time. Beijing Hanmu Chunhua Animation Technology Co., Ltd. filed a lawsuit against Tuozhu Technology at the end of 2025, claiming infringement of the right to communicate works via information networks. The latest information shows that the case will be heard on March 20.

According to official website information, Tuozhu Technology was founded in 2020, headquartered in Shenzhen, mainly producing desktop 3D printers. Besides Shenzhen, the company has R&D centers in Shanghai and an office in Austin, USA. In 2024, Tuozhu Technology’s revenue was approximately 5.5 to 6 billion yuan, with a net profit close to 2 billion yuan; in 2025, its revenue surpassed 10 billion yuan, accounting for about 29% of the global consumer-grade 3D printing market.

The core members of Tuozhu Technology’s team all come from DJI. Its founder, chairman, and general manager Tao Ye was previously head of DJI’s consumer drone division; CTO Gao Xiufeng was formerly head of DJI’s system engineering department; COO Liu Huaiyu previously managed DJI’s smart glasses, digital FPV systems, and FPV drone products.

Currently, Tuozhu Technology has completed four rounds of financing. The angel round investor was Ming Stone Investment, with undisclosed funding amount; Series A investor was IDG Capital, with 30 million yuan raised, post-investment valuation about 200 million yuan; Series B investors included Ming Stone Investment and Wuyuan Capital, undisclosed amount, valuation of 2 billion USD; Series C investor remains IDG Capital, with 150 million yuan raised.