Tech Company Financing Transactions
Xinchao Media Funding Round
On 11/15/2018, Xinchao Media announced $300 million in funding from Baidu Venture Capital.
Transaction Overview
Company Name
Announced On
11/15/2018
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Undisclosed
Investors
Baidu Venture Capital (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
15th Floor Block A Bloomington Sq. North Section of Yizhou A
Chengdu, 00000
China
Chengdu, 00000
China
Phone
Website
Email Address
Not Recorded
Overview
Chengdu Xinchao Media Group Co., Ltd. was established in Chengdu in 2007. As of November 2018, it has covered 100 cities across the country, nearly 700,000 elevators, covering 200 million community people every day, has become the common choice of 12,000 customers.
Management Team
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