Chinese Video Tech Start-Up Moviebook Raises $29.2M In Extended Series D Round


Chinese visual technology company Beijing Moviebook Technology Co., Ltd., has raised RMB200 million (US$29.2 million) in an extended series D financing round from Chinese private equity firm Yao Capital. The follow-on round has lifted the money raised by Moviebook in series D financing round to RMB1.56 billion (US$277 million). Earlier, SB China Venture Capital (SBCVC) and Chinese artificial intelligence company SenseTime had co-lead a RMB1.36 billion (US$199 million) series D round in Moviebook in August 2018. Moviebook and Yao Capital did not immediately respond …

Chinese Video Tech Start-Up Moviebook Raises $29.2M In Extended Series D Round appeared first on China Money Network.


Print Print | Email Email | Category: China News

Sorry, comments are closed at this time.