Wanaka, an AI game startup founded by former ByteDance executive Zhang Yang, secures angel funding from Jinqiu Fund.
PRIVATEOct 19, 2026
Round Type
Angel
ChinaSoftware
Investors
Jinqiu Fund
Description
Wanaka, founded by Zhang Yang who previously led international expansion at ByteDance, has raised angel round funding from Jinqiu Fund. The company focuses on developing AI games. Zhang Yang declined an offer to return to ByteDance, preferring to pursue his entrepreneurial vision independently. The funding will support Wanaka's development of mobile versions and interactive video content.
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Company Information
Company
Wanaka
Location
China
About
ByteDance is a Chinese technology company known for developing major content and social media platforms including Toutiao, Douyin, TikTok, and Jianying over more than a decade. The company has become a major source of entrepreneurial talent, with over 36 documented former employees who have gone on to found their own companies. ByteDance is recognized for its focus on AI, short-form video content, and international expansion.
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ChinaSoftware