Details

Last Funding Type

Series B

Last Funding Money Raised

$30M

Industries

Consumer Electronics,Content,Logistics,Mobile,Software

Founded date

Jan 1, 2014

Number Of Employee

51 - 100

Operating Status

Active

DeePoon VR develops head mounted devices as well as VR content. DeePoon’s technology is supported on both PC and mobile platforms. Its VR content distribution platform 3Dbobo has accumulated more than 1.5 million users, according to the company.

The company’s valuation has now reached USD 830 million. They landed USD 30 million from download manager Xunlei and mobile game developer Kingnet in Series B financing in December 2015. DeePoon will be able to use Xunlei’s technology in its content distribution network and cooperate with Kingnet to develop VR games. Animation and culture company Alpha also invested in the company and became its strategic partner at the end of last year to further collaborate in animation production, film production and game development.

DeePoon’s main products include the Virglass series and E series VR helmets, which feature Active Matrix/Organic LED (AMOLED) display screens.