Singapore’s Temasek leads investment in Chinese start-up Well-Link


Source: cnbc.com cnbc.com

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In just three years, Beijing-based Well-Link Technologies has built a business on real-time cloud rendering, including helping miHoYo launch the cloud version of the hit game Genshin Impact. Ina Fassbender | Afp | Getty Images BEIJING — Singapore state investment firm Temasek is leading a $40 million funding round in a Chinese startup despite a dry spell of deals in the country. The startup, Well-Link Technologies, counts Chinese tech company Xiaomi and Chinese gaming star miHoYo as investors, according to business database Tianyancha. The $40 million deal announced Monday is an early-stage, or B2 round, led by Temasek and includes...