Light Years Beyond
About Light Years Beyond
Light Years Beyond is a company based in Beijing (China) by Wang Huiwen was acquired by Meituan in June 2023.. Light Years Beyond has raised $280 million across 2 funding rounds from investors including Meituan, Tencent and Source Code Capital.
- Headquarter Beijing, China
- Founders Wang Huiwen
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Funding Insights of Light Years Beyond
Light Years Beyond has successfully raised a total of $280M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $230 million completed in June 2023. 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 D — $230.0M
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First Round
First Round
(23 Mar 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Series D - Light Years Beyond | Valuation | Source Code Capital | |
| Mar, 2023 | Amount | Series C - Light Years Beyond | 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 |
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Investors in Light Years Beyond
Light Years Beyond has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Meituan, Tencent and Source Code Capital. 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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Tech-driven startups are invested in by Source Code Capital.
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Founded Year | Domain | Location | |
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Value-added internet, mobile, and telecom services are provided in China.
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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 Light Years Beyond
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Light Years Beyond
| 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 |
Light Years Beyond Comparisons
Competitors of Light Years Beyond
| 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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Frequently Asked Questions about Light Years Beyond
Where is Light Years Beyond located?
Light Years Beyond is headquartered in Beijing, China.
Is Light Years Beyond a funded company?
Light Years Beyond is a funded company, having raised a total of $280M across 2 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Mar 23, 2023.
What does Light Years Beyond do?
Light Years Beyond is located in Beijing, China, and operates in the artificial intelligence sector. Solutions utilizing machine learning techniques are developed to generate text, videos, photos, and other media automatically. The company was founded by Wang Huiwen. Focus is placed on generative AI applications for content production across various formats, serving needs in automated media generation.
Who are Light Years Beyond's investors?
Light Years Beyond has 5 investors. Key investors include Meituan, Tencent, Source Code Capital, Wuyuan Capital, and Su Hua.
What is Light Years Beyond's valuation?
The valuation of Light Years Beyond is $200M as of Mar 2023.
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