Announced
Completed
Financials
Tags
United States
Friendly
metaverse
AR technologies
Acquisition
Minority
China
Private
IT Services: Other
augmented reality
Cross Border
Completed
Single Bidder
Synopsis
NetDragon Websoft, a global company specializing in building internet communities, completed a $20m investment in Rokid, an Augmented Reality company. "We are happy to have NetDragon onboard as not just our investor but also our close strategic partner going forward. As a leading unicorn in the rapidly growing AR industry, Rokid is a product-oriented platform company focusing on human-computer interaction technology with a strong track record in multiple industrial and consumer applications. We look forward to working with NetDragon to expand our opportunities by leveraging their knowledge and know-how in education and gaming, as well as their global sales network. We believe that the combination of NetDragon and Rokid will bring new momentum in product development and breakthrough innovation to the industry," Misa Zhu, Rokid Founder and CEO.
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