AR Company Thin Red Line Raises CNY 360 Mn from Angel Funding Round
Thin Red Line (Chinese: 细红线), an augmented reality (AR) operating systems and products developer, announced its completion of the angle funding round amounting to CNY360 million (USD 50 million) on November 23rd. The round was led by Long-Z Investments (Chinese: 美团龙珠资本), with participation by Bluerun Ventures, Lenovo Capital and Incubator Group, Matrix Partners, Da-Jiang Innovations and ATM Capital. CHUANG HOUSE CAPITAL(Chinese: 创瓴资本) acted as the exclusive financial advisor to Thin Red Line in this financing round. Founded in 2022, Thin Red Line aims to develop the leading computing platform based on AR technology.
Source: Thin Red Line
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