Myeg-backed AR product developer HiScene received the cash from investors including the multi-corporate-backed Yangtze River Delta Collaborative Advantage Industry Fund.
HiScene, a China-based augmented reality (AR) product developer backed by IT services provider Myeg, completed a RMB250m ($35m) series C round led by the multi-corporate-backed Yangtze River Delta Collaborative Advantage Industry Fund yesterday.
Investment firm Panxi Capital took part in the round, together with unnamed existing and new shareholders.
Yangtze River Delta Collaborative’s corporate backers include financial services provider Shanghai International Group, insurance group China Pacific and airport operator Shanghai Airport Authority, according to Yicai Global.
Founded in 2012 and…
