DeePoon VR develops head mounted devices as well as VR content.
Business Model: B2C
Revenue: $0
Employees: 51-200
Address:
City: Shanghai
State: Shanghai
Zip:
Country: China
DeePoon VR develops head mounted devices as well as VR content. DeePoon’s technology is supported on both PC and mobile platforms. Its VR content distribution platform 3Dbobo has accumulated more than 1.5 million users, according to the company. The company’s valuation has now reached USD 830 million. They landed USD 30 million from download manager Xunlei and mobile game developer Kingnet in Series B financing in December 2015. DeePoon will be able to use Xunlei’s technology in its content distribution network and cooperate with Kingnet to develop VR games. Animation and culture company Alpha also invested in the company and became its strategic partner at the end of last year to further collaborate in animation production, film production and game development. DeePoon’s main products include the Virglass series and E series VR helmets, which feature Active Matrix/Organic LED (AMOLED) display screens.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2017 | Series C | - |
Kingnet Kingnet |
11/2021 | Series E | $0 |
CQY Capital Smallville Capital Union Optech CQY Capital Smallville Capital Union Optech |
3/2019 | Series D | - | 10/2015 | Series A | - | 6/2022 | Venture Round | 3 | - |
CQY Capital Huaqiang Chuangtou Lianxin Fund CQY Capital Huaqiang Chuangtou Lianxin Fund |
1/2016 | Series B | $0 |
Kingnet Xunlei Kingnet Xunlei |
4/2015 | Seed Round | - | 6/2022 | Venture Round | 3 | - |
CQY Capital Huaqiang Chuangtou Lianxin Fund CQY Capital Huaqiang Chuangtou Lianxin Fund |
11/2021 | Series E | 3 | $10M |
CQY Capital Smallville Capital Union Optech CQY Capital Smallville Capital Union Optech |
3/2019 | Series D | - | 1/2017 | Series C | 1 | - |
Kingnet Kingnet |
1/2016 | Series B | 2 | $30M |
Kingnet Xunlei Kingnet Xunlei |
10/2015 | Series A | - | 4/2015 | Seed Round | - |
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