Zhang Yimou's metaverse company "Danghong Qitian" has completed B++ round financing, with NetEase participating

2023-01-01 10:06:54
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ChainCatcher news, on January 1, the metaverse company "Danghong Qitian," co-founded and held by Zhang Yimou, recently completed a B++ round of financing, with the specific amount of financing unknown. NetEase participated in this round of investment through NetEase Media Technology (Beijing) Co., Ltd.

According to the official website, Danghong Qitian is committed to creating immersive experiences, including technologies such as XR, with the vision of "becoming a great metaverse cultural technology company." In October last year, Danghong Qitian announced the completion of several hundred million yuan in B round financing, led by Xiaomi's investment arm and Jianyin International, with participation from Yecao Venture Capital and Lenovo Venture Capital; in February this year, Danghong Qitian announced the completion of B+ round financing, with investors including Lakala and the Blueprint Haixing Fund established by BlueFocus as cornerstone investors. (source link)

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