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Zhiling Xinjing raised tens of millions of yuan in angel funding from Huace Film & TV. The AI application company's Neowow product achieved profitability with over 16% paid conversion rates.
Amount Raised
¥10 Million
Round Type
Angel
ChinaVideoInvestors
Description
Zhiling Xinjing, a Chinese AI application company, secured angel funding from Huace Film & TV with Chenrui Capital serving as financial advisor. The company's product Neowow generated tens of millions of yuan in monthly revenue by August, representing over 100x growth since its March launch. The platform achieved a registered-user paid conversion rate above 16%, reaching 30% during promotional periods, while maintaining profitability with minimal paid acquisition spending. A second funding round is reportedly in progress.
Fundz sees it the moment Zhiling Xinjing raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Zhiling Xinjing raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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