WELL-LINK Completes CNY 400 mn Series B Round Financing Led by Mingshi Capital

Communication Author: 刘城宏 Editor: 马渭淞 Dec 01, 2021 12:10 PM (GMT+8)

The earlier round of financing was CNY 150 million, invested by Xiaomi in April 2021.

Cloud game

            The company will use the funds raised to design and enter mass production of exclusive servers in the virtual world; this will entail the design and construction of a digital human development platform based on cloud rendering, and the R&D of next-generation software, 'Ark architecture.'

WELL-LINK, founded in January 2019, is a video cloud solution service provider. The company has independently developed innovative cloud computing architecture and key technologies such as audio and video real-time codec, application container technology, and GPU virtualization. On this basis, the company has built a set of high-quality standardized cloud game PAAS platforms to provide one-stop cloud game PAAS services for many enterprises such as game developers, game operators, terminal manufacturers, and communication operators.

In August 2021, the Android version of 'Genshin,' the essential product of WELL-LINK, was officially put into public beta and has been recognized by MiHoYo, and satisfaction by players so far makes the company determined to develop cloud games and the future virtual world.

For the hottest meta-universe at present, it is also the focus of the company. By the end of 2019, the company has begun to lay out the next generation of the virtual digital world and plans to spend 10 years exploring the road to becoming a 'number one player.'

To bring the computing power that can support the digital world of the metaverse, the video cloud solution service provider established 'Silicon-based Mainland Technology Co., Ltd.' in Chengdu to design Cloud games and unique hardware for the virtual digital world for the present and the future cooperation with companies such as MiHoYo, Jinshan cloud, and Xiaomi.