Investments
14Portfolio Exits
1Funds
2Latest Real Power Capital News
Sep 11, 2018
Video++, a Shenzhen-based AI Start-up focused on maximizing the commercial potential of the online video industry, today announced that it had raised a C1 round of financing. New investors including Ubtech Robotics, Sirius Venture Partners, Wenxuan Equity Investment Fund, Real Power Capital, CV Capital and Hanfor Holdings participated in this round. No financial details were announced. Founded in 2014, Video++ focuses on image recognition in video content, using computer vision technology to recognize places, objects, faces, brands and other elements in video content. These useful markers then help make video content searchable and placed in a structured format to better serve advertisers and e-commerce companies. Its revenue in 2017 reached RMB150 million (US$22 million) and is expected to exceed RMB500 million (US$73 million) in 2018. The revenue growth is mainly coming from advertising marketing and e-commerce businesses, the company says. "In the emerging AI commercial industry, Video++ has established a competitive technical barrier with its solid technical products. This helps the company rapidly grown into a leader in the commercialization of AI entertainment industry,” said Zhou Jian, founder and CEO of Ubtech. "Video++ has always insisted on using AI technology to continuously break the bottleneck of the commercialization of the broader entertainment industry,” said Chen Hao, a managing partner of CV Capital. “We are very pleased to have a deep understanding of the company as a financial consultant, and found the company’s great potential." Proceeds of this round will be used in AI technology research and development in the field of entertainment. The company will also join Ubtech and its existing invests Alibaba and Face++ to accelerate the ecological layout of the artificial intelligence industry. Five months ago, Video++ raised a RMB349 million (US$51 million) series B round led by Alibaba and Face++ with participation of Yunfeng Fund, State Development & Investment Corporation and Toutoushidao Fund. The company previously raised a RMB20 million (US$2.9 million) series A round and a RMB9 million (US$1.3 million) angel investment in 2015. It also raised RMB1 million (US$150,000) seed investment in 2014.
Real Power Capital Investments
14 Investments
Real Power Capital has made 14 investments. Their latest investment was in Juyi Culture as part of their Seed on October 10, 2021.
Real Power Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
10/21/2021 | Seed | Juyi Culture | Yes | 1 | ||
8/19/2021 | Series B | Chuanqianji Innovation | Yes | 2 | ||
8/27/2020 | Series A | All Gamers | Yes | 1 | ||
8/22/2020 | Series A | |||||
8/23/2019 | Series A - II |
Date | 10/21/2021 | 8/19/2021 | 8/27/2020 | 8/22/2020 | 8/23/2019 |
---|---|---|---|---|---|
Round | Seed | Series B | Series A | Series A | Series A - II |
Company | Juyi Culture | Chuanqianji Innovation | All Gamers | ||
Amount | |||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 2 | 1 |
Real Power Capital Portfolio Exits
1 Portfolio Exit
Real Power Capital has 1 portfolio exit. Their latest portfolio exit was Changsha Broad Homes on November 06, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
11/6/2019 | IPO | Public |
Date | 11/6/2019 |
---|---|
Exit | IPO |
Companies | |
Valuation | |
Acquirer | Public |
Sources |
Real Power Capital Fund History
2 Fund Histories
Real Power Capital has 2 funds, including Shanghai Ruili Emerging Industries Parallel Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
12/28/2011 | Shanghai Ruili Emerging Industries Parallel Fund | Diversified Private Equity | Closed | $1,100.17M | 1 |
Shanghai Healthcare Industrial Investment Fund |
Closing Date | 12/28/2011 | |
---|---|---|
Fund | Shanghai Ruili Emerging Industries Parallel Fund | Shanghai Healthcare Industrial Investment Fund |
Fund Type | Diversified Private Equity | |
Status | Closed | |
Amount | $1,100.17M | |
Sources | 1 |
Real Power Capital Team
1 Team Member
Real Power Capital has 1 team member, including current Chief Executive Officer, Qin Liu.
Name | Work History | Title | Status |
---|---|---|---|
Qin Liu | Chief Executive Officer | Current |
Name | Qin Liu |
---|---|
Work History | |
Title | Chief Executive Officer |
Status | Current |
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