6 Floor, Tower A, COFCO Plaza, 8 Jianguomennei Avenue, Beijing 100005, China
11 Times Square, 16th Floor New York, NY 10036
6 Floor, Tower A, COFCO Plaza 8 Jianguomennei Ave. Beijing, 100005
84 Brook Street London W1K 5EH
11F 420, Teheran-ro, Gangnam-gu, Seoul, Korea
Xiaohui Cao
Partner
Cui Guangfu
Partner
Ning Kang
Managing Director
Jianguang Li
Venture Partner
Xiaojun Li
Partner
Meng Lian
VP
Yikun Liu
Partner
Michelle Ma
Partner
Kuiguang Niu
Partner
Chen Tong
Partner
Antony Yung
Partner
Jianbin Zhang
Venture Partner
Suyang Zhang
Managing Partner
Haitao Zhang
Managing Director
Zhiyong Zhen
Principal
Quan Zhou
General Partner
Jian Zhu
Venture Partner
Fei Yang
Director of IPO Division
Past deals in Virtual Reality
Ultiverse
Initial Coin Offering in 2024
Ultiverse is an AI-driven gaming platform that enables gamers to engage in multiplayer battles against one another. The platform allows users to create personalized characters and provides a unique feature for redeeming non-fungible tokens (NFTs) for real-life replicas and deliverables upon request. By integrating blockchain technology, Ultiverse enhances the gaming experience, allowing players to interact in a virtual environment that closely resembles the real world.
Lifeform
Series B in 2023
Lifeform provides decentralized identity systems for Web3 avatars.
Neopets
Venture Round in 2023
Neopets is a virtual world for kids or anyone young at heart. The world is based around characters users create called pets. Users must keep their pets healthy, fed and in good spirits. With your pet, you can explore the Neopets world, engage in solo quests or play solo games for rewards, complete missions with other players and meet other characters. Neopets has plenty of places to visit including the Battledome, the undersea city of Maraqua, the Lost Desert or the Virtupets Space Station. When users complete missions or quests they receive items like Dark Reflectorbs or Neopets money called Neopoints. Pets can visit the Neopian Bazaar or the Neopian Plaza to trade, buy and sell items. Users can also invest in the Neopian stock market. Neopets is free to play but they also have a subscription version called Neopets Premium that has better features and benefits. Competitors include [Zwinktopia](http://crunchbase.com/organization/zwinky), [Webkinz](http://crunchbase.com/organization/webkinz), [Mokitown](http://crunchbase.com/organization/mokitown) and [Club Penguin](http://crunchbase.com/organization/clubpenguin).
Chenjing Tech
Series A in 2022
VR
Insta360
Series C in 2019
Insta360 is a professional intelligent technology company that offers cameras that empowers people to freely share experiences. The company makes cameras that allow you to share everything, everywhere. From the 8K Insta360 Pro for professional creators, to the matchlessly versatile Insta360 ONE, Insta360's cameras allows to capture big moments in immersive detail. Founded in 2014, Insta360 is the world leader in 360-degree cameras. Based in Shenzhen and immersed in the city’s incomparable hardware ecosystem, Insta360 prides itself on creating groundbreaking products that push the envelope of both performance and accessibility. With an Insta360 camera, users can take 360-degree photos and videos in high definition, and live-stream their experiences directly onto Facebook, Twitter, YouTube and other social platforms. When viewed in a VR headset, Insta360 experiences can transport people into places and moments they’ve never before imagined.
DGene
Series A in 2018
DGene is a virtual reality solution provider. It has wide applications in industries such as digital entertainment (Internet, video, film), real estate (home design, interior decoration, virtual house inspection), education (remote or online courses), medical (remote diagnose, operation surveillance, adjuvant therapy) and tourism.
High Fidelity
Series D in 2018
High Fidelity, Inc. is a San Francisco-based company founded in 2013 that specializes in developing virtual environments featuring avatars and immersive audio experiences. The company focuses on spatial audio technology that enhances group conversations across various applications, including videoconferencing, social audio, multiplayer games, and metaverse platforms. High Fidelity's solutions aim to improve user engagement by enhancing speaker clarity, reducing listener fatigue, and enabling natural interactions among users. The technology is utilized by leading platforms, such as Clubhouse, and is supported by partnerships with companies like Agora.io. By integrating its spatial audio software, High Fidelity seeks to create more human-centric digital experiences for performers, educators, and brands.
Kiss Future
Series A in 2018
Kiss Future is a company specializing in virtual reality (VR) technology and its applications across various sectors. It offers a comprehensive suite of services that includes audio-visual cinema, cultural tourism, and entertainment. The company focuses on developing innovative VR solutions that enhance user experiences in large cinemas and other entertainment venues. By integrating advanced technologies such as 5G and creating a visual VR paradise, Kiss Future aims to redefine the way audiences engage with content. Their products span the entire VR cinema industry, encompassing creativity, research and development, content creation, operations, and support services, all designed to facilitate efficient real-time interaction for users.
Kujiale
Series D in 2018
Kujiale is an online information and design platform that offers information and reviews on businesses related to home decoration and furnishing. It was launched by Hang Chen and is operated from Hangzhou, China. Create 3D models, swap textures, and apply them in cutting-edge floor planning software. Visualize in 360-degree views, augmented reality, photo-realistic rendering, or virtual reality.
RGBVR
Series A in 2017
RGBVR is an interactive broadcast platform and VR/AR technology company.
High Fidelity
Series C in 2016
High Fidelity, Inc. is a San Francisco-based company founded in 2013 that specializes in developing virtual environments featuring avatars and immersive audio experiences. The company focuses on spatial audio technology that enhances group conversations across various applications, including videoconferencing, social audio, multiplayer games, and metaverse platforms. High Fidelity's solutions aim to improve user engagement by enhancing speaker clarity, reducing listener fatigue, and enabling natural interactions among users. The technology is utilized by leading platforms, such as Clubhouse, and is supported by partnerships with companies like Agora.io. By integrating its spatial audio software, High Fidelity seeks to create more human-centric digital experiences for performers, educators, and brands.
Kujiale
Series C in 2016
Kujiale is an online information and design platform that offers information and reviews on businesses related to home decoration and furnishing. It was launched by Hang Chen and is operated from Hangzhou, China. Create 3D models, swap textures, and apply them in cutting-edge floor planning software. Visualize in 360-degree views, augmented reality, photo-realistic rendering, or virtual reality.
DKVISION
Series A in 2016
DKVISION is a developer focused on creating advanced immersive virtual and augmented reality applications, along with the necessary hardware to support these technologies. The company utilizes cutting-edge computer vision technology to enhance user experiences, delivering cinematic-quality visuals that engage and captivate users. By combining hardware and software, DKVISION aims to push the boundaries of immersive experiences in various applications.
DataMesh
Series A in 2016
DataMesh is a leading company focused on advanced digital twin and mixed reality solutions that enhance operations, training, and maintenance across various industries. Its flagship platform, FactVerse, combines real-time data with immersive 3D environments to create precise simulations and effective workflows. This innovative approach allows businesses in manufacturing, construction, and facility management to significantly improve productivity and streamline processes. DataMesh offers a comprehensive suite of tools, including DataMesh Director, Checklist, Inspector, and Simulator, which facilitate seamless implementation and robust performance. By leveraging technologies such as AI, augmented reality, and the Internet of Things, DataMesh is at the forefront of digital transformation, driving innovation and efficiency in its target sectors.
Insta360
Series B in 2016
Insta360 is a professional intelligent technology company that offers cameras that empowers people to freely share experiences. The company makes cameras that allow you to share everything, everywhere. From the 8K Insta360 Pro for professional creators, to the matchlessly versatile Insta360 ONE, Insta360's cameras allows to capture big moments in immersive detail. Founded in 2014, Insta360 is the world leader in 360-degree cameras. Based in Shenzhen and immersed in the city’s incomparable hardware ecosystem, Insta360 prides itself on creating groundbreaking products that push the envelope of both performance and accessibility. With an Insta360 camera, users can take 360-degree photos and videos in high definition, and live-stream their experiences directly onto Facebook, Twitter, YouTube and other social platforms. When viewed in a VR headset, Insta360 experiences can transport people into places and moments they’ve never before imagined.
Time Of Vitual Reality
Angel Round in 2016
VR
RGBVR
Angel Round in 2016
RGBVR is an interactive broadcast platform and VR/AR technology company.
uSens
Seed Round in 2015
uSens, Inc. is a company based in San Jose, California, that specializes in developing human-computer interaction solutions, particularly in the fields of augmented and virtual reality (AR/VR). Founded in 2013, uSens is known for its innovative products such as Fingo, a sensing device that captures finger gestures and activities, and uSensAR, an augmented reality engine designed for low-end cameras and sensors. The company's technology includes advanced inside-out hand and position tracking solutions, utilizing computer vision and deep learning algorithms to enhance user experiences across mobile and tethered AR/VR platforms. uSens' software is compatible with a variety of devices, including popular VR headsets and mobile platforms, allowing gaming and content developers to create immersive experiences. With teams in both the United States and China, uSens aims to bridge the gap between the virtual and real worlds, facilitating the development of interactive applications that engage users through gesture recognition and positional tracking.
Insta360
Series A in 2015
Insta360 is a professional intelligent technology company that offers cameras that empowers people to freely share experiences. The company makes cameras that allow you to share everything, everywhere. From the 8K Insta360 Pro for professional creators, to the matchlessly versatile Insta360 ONE, Insta360's cameras allows to capture big moments in immersive detail. Founded in 2014, Insta360 is the world leader in 360-degree cameras. Based in Shenzhen and immersed in the city’s incomparable hardware ecosystem, Insta360 prides itself on creating groundbreaking products that push the envelope of both performance and accessibility. With an Insta360 camera, users can take 360-degree photos and videos in high definition, and live-stream their experiences directly onto Facebook, Twitter, YouTube and other social platforms. When viewed in a VR headset, Insta360 experiences can transport people into places and moments they’ve never before imagined.
Kujiale
Series B in 2014
Kujiale is an online information and design platform that offers information and reviews on businesses related to home decoration and furnishing. It was launched by Hang Chen and is operated from Hangzhou, China. Create 3D models, swap textures, and apply them in cutting-edge floor planning software. Visualize in 360-degree views, augmented reality, photo-realistic rendering, or virtual reality.
Kujiale
Series A in 2013
Kujiale is an online information and design platform that offers information and reviews on businesses related to home decoration and furnishing. It was launched by Hang Chen and is operated from Hangzhou, China. Create 3D models, swap textures, and apply them in cutting-edge floor planning software. Visualize in 360-degree views, augmented reality, photo-realistic rendering, or virtual reality.
ParaEngine
Series A in 2008
Shenzhen ParaEngine Technology Co., Ltd. is a Chinese company focused on the research and development of 3D internet technologies and game engines. The firm has developed an animation authoring platform that enables users to create dynamic 3D virtual worlds and animation works. One of its notable products is "KidsMovie," released in 2007, which is designed for children aged 7 to 12 and available in both Chinese and English. ParaEngine holds a significant portfolio of intellectual property, including 22 software copyrights and international patents related to scripting languages and distributed 3D game engines. The company has also produced over one million lines of code and published extensive development documentation, reflecting its commitment to advancing 3D technology in animation and gaming.
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