Amid China's ongoing tech development, the firm, also the only domestic cross-platform engine, seems to go beyond games
Chinese game engine provider Cocos has bagged USD 50 million in its Series B financing round, backed by CCB Trust, GGV Capital, Agora, and others, the company said on Monday.
The amount raised will be used to improve its core technologies and further incorporate the engine into various industries such as games, automobiles, education, XR, home design, and architectural engineering design.
Established in 2010 and best known for its cross-platform, open-source engine for 2D mobile games, the digital interactive content development platform is sometimes ranked alongside the behemoths of Unreal and Unity.
Cocos said it now boasts 1.5 million registered developers, 300,000 of whom are active monthly users. Its services cover over 203 countries and regions. Companies including Tencent, NetEase, Nintendo, and Ubisoft have used the Cocos engine to launch their games.
Cocos's simulation technology has also found new applications. Besides mobile games, the Beijing-based company also focuses on other industries and has delivered results in intelligent vehicles, online education, and the metaverse. It vows to improve its 3D technologies and make metaverse applications easily accessible.