Morning Tec
MorningTec is a company who acts as agents to release mobile games, and its products.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
JPY50.0m | Series A | ||
| Total Funding | 000k | ||
Based in Shanghai, Morning Tec Information Technology Co., Ltd. carved a niche for itself as a developer and publisher of mobile games specifically tailored for the Anime, Comics, and Games (ACG) cultural market. The company was established in 2013, focusing its efforts on developing new gaming technologies and producing intellectual property content for this dedicated fan base.
The firm's business model centered on the integrated development and operation of mobile internet game products. It provided video gamers with titles featuring their favorite ACG characters and themes, functioning as both a developer and a publisher. This dual role allowed the company to manage the entire lifecycle of its products, from initial concept and R&D to global publishing and community management through its GuluGulu online community for players.
Morning Tec successfully navigated the venture capital landscape, securing an early-stage Series A funding round of $8.25 million on January 8, 2014. This capital injection supported its growth and product development pipeline. The company's trajectory culminated in an acquisition by GangGang E-commerce, with the deal valued at $46.1 million, marking a significant milestone and exit for the formerly venture-backed startup.
Keywords: mobile games, ACG culture, game developer, game publisher, intellectual property, venture capital, Shanghai, M&A, entertainment software, GuluGulu