8/F, QIHAO Plaza, No. 8 Xinyuan S. Road, Beijing, Chaoyang District, 100027, China
Overview
Weibo is a social media platform designed for microblogging and allows people to create, distribute, and discover Chinese-language content. It specializes in the fields of social media, communities, and blogging platforms.
- Total investments
- 3
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Blogging Platforms
- Information Technology
- Internet
- Social Media
- Social Network
- Software
Investment portfolio
- Wimi
Led · Equity · Aug 2020
WIMI Hologram Cloud, founded in May 2015, builds holographic AI and AR technologies including computer-vision synthesis, visual presentation, interactive software development, and online/offline AR advertising. The company says it integrates roles of holographic AI cloud mobile software developers, service providers, and operators into a single platform. WIMI positions itself as one of China’s leading holographic AI integration platforms and offers an AR holographic open platform to serve developers. The company aims to expand AR scenarization and foster an AR ecosystem through technology innovation, hardware implementation, and a combination of software and hardware. It plans deeper cooperation on voice and image capabilities for smart terminals and to strengthen content, search, and information-flow partnerships. Financially, the company received a $10 million investment from a select group of institutional investors, including an affiliate of Weibo Corporation.
- Yixia Technology
Led · Series E · Nov 2016
Yixia Tech has closed a $500m Series E, according to the report. The round was led by Weibo. The announcement is reported in the context of China. The article does not disclose other investors, valuation, or deal terms beyond the lead. No product details, operating metrics, or future plans for the company are provided in the article. Yixia Tech is a Beijing developer best known for Miao Pai, a video-blogging app that lets users shoot, edit, and share 10-second videos. Miao Pai launched in late 2013 with help from Sina Weibo. The company raised $200 million in a Series D at a $1 billion valuation, signaling significant investor interest. Investors named in the coverage include Weibo, Sequoia Capital, YG Entertainment, Kleiner Perkins Caufield & Byers, Redpoint Ventures, and StarVC; StarVC also participated in Yixia's $50 million Series C in 2014. Weibo plans to partner with Yixia on a new video product and to establish a $100 million fund for Miao Pai contributors focused on traffic growth, co-branding, and advertising revenue share. The partnerships tie Yixia into China’s large social ecosystem—Weibo has 222 million monthly active users.