LETINVR
Cloud VR and MR solutions for industry applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| N/A | $1.4m | Series A | |
| Total Funding | 000k | ||
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Beijing Letin VR Digital Technology Co., Ltd. is a solutions company focused on the Virtual Reality (VR) and Mixed Reality (MR) sectors, aiming to empower virtual reality applications across various industries. The company was formally established in September 2014. Its core offerings include a complete cloud platform solution based on 5G, which integrates networks, terminal hardware, and content to serve operators, education and training sectors, and other industry applications.
LetinVR's business model centers on providing comprehensive ecological solutions that leverage the advancement of 5G technology. The company possesses technical capabilities in Cloud VR platforms, 8K VR live broadcasting, VR content production and aggregation, and MR for future education. A key part of their business is the construction of commercial Cloud VR platforms, where they act as an operational service provider. This involves platform construction, cloud rendering technology solutions, user management, billing, and content aggregation to build a sustainable ecosystem. Their target clients are primarily telecommunications operators, creating Cloud VR platforms for home entertainment and educational users.
Throughout its history, LetinVR has achieved several notable milestones. After its founding in 2014, it received angel round investment from Huawen Media in June 2015. In 2015, it produced several classic VR content pieces in China, including the VR movie "Live to the End." The company completed its Pre-A financing in May 2016, bringing in strategic investments from entities like Huace Film & TV and BesTV. It has a track record of providing VR live broadcast solutions for major events, including the CCTV Spring Festival Gala for three consecutive years, utilizing 5G and 8K VR technology. In July 2018, LetinVR, in partnership with Fujian Mobile and Huawei, launched a commercial Cloud VR platform.
Keywords: Cloud VR, Cloud MR, 5G solutions, VR live broadcasting, immersive learning, virtual reality training, MR education, VR content aggregation, industrial VR applications, cloud rendering technology, 8K VR, virtual reality platform, operator solutions, enterprise VR, digital transformation, immersive technology, VR content production, interactive VR, VR ecosystem, B2B VR solutions