Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Ada Game Lands RMB 7.5 Mln Series A Funding

Investide, 3/28/14

Wuxi-based game developer Ada Game Software announced yesterday that the company has received RMB 7.5 mln in first-round funding from unnamed investors. Ada Game has sold a 15% stake in the company, valuing Ada Game at RMB 50 mln. Ada Game previously received RMB 2 mln in angel funding in 2011 from Xianfeng China Renaissance K2 Ventures.

Ada Game recently launched its self-developed Three Kingdoms-themed mobile strategy game Ada Sanguozhi (Sanguozhi 2014).

Editor's Note: For more background on this topic, please see "Ada Game Allows Gamers to Buy Virtual Items on Credit" MD 3/27/14 issue.

Keywords: mobile gaming funding wireless Ada Sanguozhi Ada Game valuation first-round


Please note, all fields are required.
None of your personal information will be shared with third parties.


Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports