IDG, Fosun and LineKong have taken part in a funding round for Fuze, which is developing a game console that will serve the Chinese market.
China-based game console maker Fuze Entertainment has raised $60m in funding from backers including game developer LineKong, conglomerate Fosun and publisher International Data Group (IDG), Technode reported yesterday.
Fosun invested through its corporate venturing unit Fosun Ventures, while IDG contributed funds through IDG Capital Partners, its local venture capital affiliate. VC firm Northern Light Venture Capital also participated in the funding.
Fuze is developing a game console dubbed Zhanfu, though it is yet to publicly reveal details of the product,…
