China metaverse infrastructure start-up raises $130m
Chinese metaverse start-up Xmov has raised USD 130m in Series B and Series C funding featuring SoftBank Vision Fund, Sequoia Capital China, Northern Light Capital, and Index Ventures.
Vision Fund led a USD 110m Series C with support from Northern Light and Index. Fresh Capital and Jinsha Capital led a USD 20m Series backed by existing investors Sequoia China and 5Y Capital. Proceeds...
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