About Huancheng Interactive Entertainment
Huancheng Interactive Entertainment is a company based in Beijing (China) founded in 2021 by Li Jingmin.. Huancheng Interactive Entertainment has raised $1.49 million across 1 funding round from investors including Agora, NEEO Fund and TapTap.
- Headquarter Beijing, China
- Founders Li Jingmin
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Sectors
Media & Entertainment
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Phone
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.49 M (USD)
in 1 rounds
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Latest Funding Round
$1.49 M (USD), Seed
Jun 30, 2022
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Investors
Agora
& 2 more
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Employee Count
Employee Count
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Funding Insights of Huancheng Interactive Entertainment
Huancheng Interactive Entertainment has successfully raised a total of $1.49M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.49 million completed in June 2022. 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 1
- Last Round Seed — $1.5M
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First Round
First Round
(30 Jun 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Huancheng Interactive Entertainment | Valuation | NEEO Fund |
| 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 Huancheng Interactive Entertainment
Huancheng Interactive Entertainment has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Agora, NEEO Fund and TapTap. 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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Delivers cloud-based solutions for cross-border logistics.
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Founded Year | Domain | Location | |
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Real-time communication and conversational AI solutions are provided by Agora.
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Founded Year | Domain | Location | |
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A platform is provided for discovering and downloading games.
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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 Huancheng Interactive Entertainment
| 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.
|
2016 |
Financial Statements - Huancheng Interactive Entertainment
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Huancheng Interactive Entertainment Comparisons
Competitors of Huancheng Interactive Entertainment
| 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 Huancheng Interactive Entertainment
Frequently Asked Questions about Huancheng Interactive Entertainment
When was Huancheng Interactive Entertainment founded?
Huancheng Interactive Entertainment was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Huancheng Interactive Entertainment located?
Huancheng Interactive Entertainment is headquartered in Beijing, China.
Is Huancheng Interactive Entertainment a funded company?
Huancheng Interactive Entertainment is a funded company, having raised a total of $1.49M across 1 funding round to date. The company's 1st funding round was a Seed of $1.49M, raised on Jun 30, 2022.
What does Huancheng Interactive Entertainment do?
Huancheng Interactive Entertainment was established in 2021 in Beijing, China. Operations focus on the social media sector, with a platform called Gamfun created for Muslim communities. Services such as live broadcasting, gaming, and chat functionalities are offered to users. Interactivity is enabled through real-time features, supporting group engagement within the application.