Prometheus Capital (Pusi Capital), founded by the son of Asia’s richest man Wang Jianlin, has reportedly led a RM B50 million (USD 7.7 million) series A round of investment in Taidu Technology, a Chinese Gaming Peripherals Maker, according to Chinese media reports.
Wang Sicong, the son of Dalian Wanda Group’s chairman Wang Jianlin, has invested in multiple online gaming firms. He’s behind Panda.tv, a eSports streaming platform. Wang Sicong is also the owner of Invictus Gaming, one of China’s largest professional gaming teams and of a chain of internet cafes.
And now he is investing in Taidu Technology, the gaming peripherals startup founded by former Warcraft 3 pro Li “Sky” Xiaofeng. Wang’s investment comes as part of a US$7.7 million series A round for Taidu, jointly led by Wang’s VC firm and Shanghai-based VC Handuo. Other investors in the round included Hengxing Ventures and Puju Ventures.
Taidu Technology is a hardware startup that develops and sells gaming peripherals with special features designed for serious gamers. The computer mouse produced by Renhuang Sky retails at RMB 299 and tailors to professional digital gaming players. I
n January, Prometheus Capital joined the privatization of Chinese mobile game publisher iDreamSky Technology Ltd. In October 2015, the investment firm also joined a RMB 100 million (USD 16 million) series B round in Shanghai-based ImbaTV, a live video broadcast platform focused on competitive video gaming. The fund also invested in Beijing Hero Mutual Entertainment Technology Co., Ltd., another mobile games company.
Source: Chinamoneynetwork
