About AcFun
AcFun is a company based in Beijing (China) founded in 2007 was acquired by Kuaishou Technology in June 2018.. AcFun has raised $67.81 million across 2 funding rounds from investors including Kuaishou Technology and SBCVC. AcFun operates in a competitive market with competitors including YouTube, Dailymotion, Bilibili, YouNow and Bigo Live, among others.
- Headquarter Beijing, China
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$67.81 M (USD)
in 2 rounds
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Latest Funding Round
$60 M (USD), Series A
Jan 15, 2016
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Investors
Kuaishou Technology
& 1 more
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Employee Count
Employee Count
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Acquired by
Kuaishou Technology
(Jun 05, 2018)
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Funding Insights of AcFun
AcFun has successfully raised a total of $67.81M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $60 million completed in January 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $60.0M
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First Round
First Round
(26 Nov 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series A - AcFun | Valuation | SBCVC |
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| Nov, 2015 | Amount | Series A - AcFun | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AcFun
AcFun has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Kuaishou Technology and SBCVC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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China-based startups are invested in by SBCVC across diverse sectors.
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Founded Year | Domain | Location | |
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Social platform for sharing short videos
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AcFun
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AcFun
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acfun Comparisons
Competitors of AcFun
AcFun operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as YouTube, Dailymotion, Bilibili, YouNow and Bigo Live, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
User-generated videos and content are shared and streamed online.
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| domain | founded_year | HQ Location |
Web and mobile video sharing and streaming platform
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| domain | founded_year | HQ Location |
Anime videos are streamed and user content is hosted online.
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| domain | founded_year | HQ Location |
Live video-streaming and chat features are provided for user broadcasts.
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| domain | founded_year | HQ Location |
Operator of a platform providing live streaming, gaming, and chatrooms
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| domain | founded_year | HQ Location |
On-demand video platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acfun
Frequently Asked Questions about AcFun
When was AcFun founded?
AcFun was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Where is AcFun located?
AcFun is headquartered in Beijing, China.
Who is the current CEO of AcFun?
Liu Yanyan is the current CEO of AcFun.
Is AcFun a funded company?
AcFun is a funded company, having raised a total of $67.81M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7.81M, raised on Nov 26, 2015.
What does AcFun do?
AcFun was founded in 2007 in Beijing, China, and operates as a video-sharing platform in the digital entertainment sector. Content focused on music, gaming, science, technology, and animation is provided, with an emphasis on anime, comics, and fun themes. Recommended videos are curated for users across the platform, supporting community engagement in these areas.
Who are the top competitors of AcFun?
AcFun's top competitors include YouTube, Bilibili and Dailymotion.
Who are AcFun's investors?
AcFun has 2 investors. Key investors include Kuaishou Technology, and SBCVC.
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