About Octopus TV
Octopus TV is a company based in Qingdao (China) founded in 2013 was acquired by LeSports in January 2016.. Octopus TV has raised $10 million across 2 funding rounds from investors including Morningside China, IDG Capital and LeSports. Octopus TV operates in a competitive market with competitors including FuboTV, FloSports, Fox Sports, Whistle Sports and DAZN, among others.
- Headquarter Qingdao, China
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series B
Dec 21, 2014
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Investors
Morningside China
& 2 more
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Employee Count
Employee Count
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Acquired by
LeSports
(Jan 28, 2016)
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Funding Insights of Octopus TV
Octopus TV has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in December 2014. 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 B — $10.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Series B - Octopus TV | Valuation |
investors |
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| Sep, 2013 | Amount | Series A - Octopus TV | Valuation |
investors |
| 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 |
Investors in Octopus TV
Octopus TV has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Morningside China, IDG Capital and LeSports. 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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Venture capital firm
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Founded Year | Domain | Location | |
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VC and private equity investments are made in China-US companies.
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Founded Year | Domain | Location | |
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Operates an online platform for streaming sports videos to global audiences.
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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.
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Octopus TV
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Octopus TV
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Octopus Tv Comparisons
Competitors of Octopus TV
Octopus TV 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 FuboTV, FloSports, Fox Sports, Whistle Sports and DAZN, 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 |
Subscription-based platform for streaming soccer content is offered.
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| domain | founded_year | HQ Location |
Live and on-demand sports coverage and analysis are provided.
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| domain | founded_year | HQ Location |
Sports news, live scores, statistics, and fantasy content are delivered.
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| domain | founded_year | HQ Location |
Sports videos are produced and distributed via social media channels.
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| domain | founded_year | HQ Location |
A live-streaming platform for sports is provided via subscription.
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| domain | founded_year | HQ Location |
High school sports events are streamed with on-demand videos provided.
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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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Frequently Asked Questions about Octopus TV
When was Octopus TV founded?
Octopus TV was founded in 2013.
Where is Octopus TV located?
Octopus TV is headquartered in Qingdao, China. It is registered at Qingdao, Shandong, China.
Is Octopus TV a funded company?
Octopus TV is a funded company, having raised a total of $10M across 2 funding rounds to date.
What does Octopus TV do?
Octopus TV was established in 2013 in Qingdao, China, as a provider of cloud-based video content management and delivery solutions. Operations center on an online platform for user-generated broadcasts of sporting events, where video acceleration is achieved through a web peer-to-peer system. Services include content upload, management, and streaming, targeting the digital media and sports broadcasting sectors with a focus on efficient online viewing experiences.
Who are the top competitors of Octopus TV?
Who are Octopus TV's investors?
Octopus TV has 3 investors. Key investors include Morningside China, IDG Capital, and LeSports.