Sequoia Capital China has led a RMB200 million (US$30 million) series B round in big data solutions provider MiningLamp, according to Chinese media reports. Share Capital, Surfilter Network Technology Co., Ltd and existing investor Heaven-Sent Capital Management Group Co., Ltd also participated in the round. Founded in 2014, MiningLamp claims to provide the safest customized […]
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Chinese eSports start-up Wangyudashi has completed a RMB150 million (US$23 million) series A round from Shenzhen Capital Group Co., Ltd and other unnamed investors, according to Chinese media reports. The latest proceeds will be used in the development of eSports competition engines, the layout of eSports industrial chain and arrangement of nationwide eSports competitions including […]
NextVR Inc., a U.S. virtual reality (VR) start-up providing platforms for on-demand live VR broadcast, has completed a US$80 million series B round of financing co-led by Chinese Internet firm NetEase and CITIC GuoAn Group, according to a company announcement. Previous media reports revealed that CITIC GuoAn Group agreed to invest US$20 million in NextVR […]