This company, focused on spatial interaction technology, maintained a steady pace of financing before being acquired by a major international corporation. Starting from the seed round in early 2023, the post-investment valuation had already reached $14 million, supported by ZhenFund. Just half a year later, in August of the same year, the angel round financing quadrupled the valuation to $50 million, with ZhenFund continuing to co-invest. By the time of the Series A financing in November 2024, the valuation further surged to $85 million, attracting heavyweight investors such as Sequoia China, Tencent, ZhenFund, Wang Huiwen, and Old Friendship, demonstrating the market's increasing recognition of its technological direction.
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SchrodingerWallet
· 4h ago
ZhenFund's frequent co-investments are indeed aggressive, starting to lay the groundwork from the seed round, and eventually bringing in Sequoia and Tencent. The fundraising pace doesn't really resemble typical fundraising; it seems more like a wool-harvesting scheme.
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fomo_fighter
· 4h ago
Zhenge, Sequoia, Tencent are all here? The valuation growth rate is really impressive.
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LiquidityHunter
· 4h ago
From seed to Series A, from 14 million to 85 million, this growth rate... wait, let me calculate the slippage—4 times in half a year, then another 70% increase by Series A. This curve seems a bit abnormal.
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GasFeeNightmare
· 4h ago
Seed round 14 million to Series A 85 million, this fundraising speed is indeed quite aggressive... ZhenFund firmly co-invested, indicating a strong confidence in this track.
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NftMetaversePainter
· 5h ago
actually the valuation trajectory here is giving me major algorithmic efficiency vibes... spatial interaction primitives are basically the blockchain of physical computing, ngl
This company, focused on spatial interaction technology, maintained a steady pace of financing before being acquired by a major international corporation. Starting from the seed round in early 2023, the post-investment valuation had already reached $14 million, supported by ZhenFund. Just half a year later, in August of the same year, the angel round financing quadrupled the valuation to $50 million, with ZhenFund continuing to co-invest. By the time of the Series A financing in November 2024, the valuation further surged to $85 million, attracting heavyweight investors such as Sequoia China, Tencent, ZhenFund, Wang Huiwen, and Old Friendship, demonstrating the market's increasing recognition of its technological direction.