About Meme Chat
Meme Chat is a company based in Hong Kong (China) founded in 2016 was acquired by 17Live in November 2019.. Meme Chat has raised $25 million across 1 funding round from investors including FunPlus, 17Live and GSR Ventures. Meme Chat operates in a competitive market with competitors including YouTube, Dailymotion, Bilibili, YouNow and Bigo Live, among others.
- Headquarter Hong Kong, 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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Funding Insights of Meme Chat
Meme Chat has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in December 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 1
- Last Round Series A — $25.0M
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First Round
First Round
(14 Dec 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2016 | Amount | Series A - Meme Chat | Valuation | GSR Ventures , Mayfield |
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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 Meme Chat
Meme Chat has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include FunPlus, 17Live and GSR Ventures. 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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Mayfield is focused on AI innovation and venture capital investments.
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Founded Year | Domain | Location | |
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Early stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by GSR Ventures.
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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 Meme Chat
| 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 - Meme Chat
| 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 |
Meme Chat Comparisons
Competitors of Meme Chat
Meme Chat 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 Meme Chat
Frequently Asked Questions about Meme Chat
When was Meme Chat founded?
Meme Chat was founded in 2016.
Where is Meme Chat located?
Meme Chat is headquartered in Hong Kong, China.
Is Meme Chat a funded company?
Meme Chat is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series A of $25M, raised on Dec 14, 2016.
What does Meme Chat do?
Founded in 2016 in Hong Kong, China, Meme operates as an online video streaming platform focused on user-generated content. Real-time discovery, creation, and curation are facilitated within the video player interface. Live streamers are supported in uploading videos, developing followings, interacting with audiences, and generating revenue via advertisements and digital gifts.
Who are the top competitors of Meme Chat?
Meme Chat's top competitors include YouTube, Bilibili and Dailymotion.
Who are Meme Chat's investors?
Meme Chat has 6 investors. Key investors include FunPlus, 17Live, GSR Ventures, Mayfield, and Signia Venture Partners.