August China’s VR&AR Industry Financing Report
By VR&AR Fair Committee
China’s financing situation of VR&AR industry in Aug. performed well both in terms of amount and number. A total of 8 financings were completed in the country, accounting for one-third of the total in the globe. Meanwhile, its total finance amount rose from RMB 300 million in July to RMB 1.47 billion.
| Financing Details of China’s VR&AR Market In August | |||
| Company | Date | Financing Field | Amount |
| HENGXIN SHAMBAlA | August 27th | VR Content and Offline Entertainment | Nearly 1 Billion Yuan |
| HiAR | August 27th | AR Hardware and Service | 250 Million Yuan |
| Aoben Xianzhi | August 27th | 3D Scanning, AR Shopping | Unknown |
| Cyber Amuse | August 21st | VR Offline Entertainment | Tens of Millions Yuan |
| Prism Entertainment | August 9th | Holographic Projection | 50 Million Yuan |
| DGene | August 7th | Light Field Technology | Tens of Millions Yuan |
| Angstrong Tech. | August 5th | 3D Sensing Component | Near 100 Million Yuan |
| LEMON Photonics Technologies | August 5th | Semiconductor Lasers | 50 Million Yuan |
Meanwhile, 3 characteristics can be concluded.
Ø The major investment areas remain in hardware, technology, and content industry.
Ø In spite of the explosive growth in total amount, it’s mainly attributed to the raising of one company.
Ø The type of finance this month is more abundant than July, covering short-term debt, private placement, stocks, acquisitions, etc.
Given the recent dynamics, investors seem to be optimistic about the industries. To boost the industry development, VR&AR Fair 2020 will be launched this May. Everyone who gets interested in would be welcome!