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|
|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!