GGV, Chengwei lead $20m round for Chinese animation studio
GGV Capital and Chengwei Capital have led a $20 million Series B round of funding for Light Chaser Animation Studios, a Chinese animation producer.
Existing investors Hillhouse Capital and IDG Capital Partners also participated in the round. The studio was founded in March 2013 by Gary Wang, founder of online video company Toudou.com, which was...
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