Pimax raised $14 million in a Series C1+ round led by Zhuji Jingkai Chuangrong Investment to enhance VR technology and expand its global market presence.
Jan 03, 2025•12 months ago
Amount Raised
$14 Million
Round Type
series c
ShanghaiVirtual RealityInvestors
Ivy CapitalZhuji Jingkai Chuangrong Investment
Description
Chinese VR startup Pimax raised $14 million in a Series C1+ round to enhance VR technology, expand its global market presence, and develop advanced products for industries like gaming and design. The funding will support R&D efforts and improve accessibility and user experience in VR technology.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech