Smart projector and TV manufacturer Holatek has attracted $86.5m in series D funding from a consortium led by Alibaba that featured the newly unveiled 36Kr Fund.

Holatek, the China-based owner of smart projector maker JMGO, has secured RMB600m ($86.5m) in a series D round led by e-commerce group Alibaba, China Money Network reported today.

36Kr Fund, the $144m venture capital fund recently announced by media company and business services provider 36Kr, also took part, as did Junsan Capital, Sunz Fund, Stone Capital, GF Xinde Investment, Beijing DZ Capital and unnamed additional backers.

Founded in 2011, JMGO produces home entertainment projectors and laser television sets that…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.