Sina VR, 8/16/17
Zhejiang Jingkong Capital recently announced that it has made an additional RMB 20 mln investment in Zhejiang-based virtual reality (VR) solutions provider Detu Network.
Detu has developed its own VR camera and software, allowing users to take videos and edit the content afterward. The camera is also capable of live streaming content, and can double as a security camera.
Detu established its hardware team in October 2014, and released the Detu Sphere sports camera and Detu F4 commercial-grade panoramic camera in 2015 and 2016, respectively. Detu released a panoramic VR video monitoring camera called Detu M1 and an upgrade Detu F4 in 2017, and is currently working on a project for one-stop VR wedding video services.
Editor's Note: Detu previously won RMB 8-digit Series A funding from Shenzhen Capital Group in December 2014, and RMB 8-digit pre-Series B funding from Jingkong Capital and Handnice Holding Group in December 2015, according to Chinese IT industry investment information portal IT Juzi.