Baofeng Mojing immerses itself in $10m

Apr 16, 2015 • Thierry Heles

The virtual-reality headset maker attracted funding from a range of corporates including Huayi Brothers, Tianyin and Aisidi.

Film production company Huayi Brothers, musical instrument supplier Tian Yin and mobile communications services provider Aisidi have backed a $10m series A round for China-based virtual reality headset maker Baofeng Mojing, Tech in Asia reported yesterday.

Green Pine Capital Partners also participated in the round, which valued the company at more than $50m. The investors collectively took a 19% stake.

Baofeng Mojing, a subsidiary of video streaming site Baofeng, markets a headset which users can insert their smartphone into in…

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