Weiling Times received 400 million yuan in Series B financing: Layout the next generation of virtual digital world, Mingshi Capital led the investment

2021/12/0111:37:02 finance 1477

Weiling Times received 400 million yuan in Series B financing: Layout the next generation of virtual digital world, Mingshi Capital led the investment - DayDayNews

" benchmarking product has been approved by Mihayou. "

ptonespan1 IPO 0 _span_span1 _span_span0 , The cloud game service provider "Weiling Times" recently announced that it has completed a round B financing with a total amount of 400 million yuan. This round of financing is led by Mingshi Capital, and CDH VGC is co-investing. The old shareholder millet, Mihayou and Shunwei Capital followed suit.

This round of financing is mainly used in three aspects: the design and first mass production of dedicated servers in the virtual world; the design and construction of a digital human development platform based on cloud rendering; the next-generation software "Ark Architecture" "R&D and design. The most important one is the first section.

As a leading video cloud computing solution provider in China, has independently developed innovative cloud computing architecture and key technologies such as audio and video real-time encoding and decoding, application container technology, and GPU virtualization. And on this basis, a set of high-quality standardized cloud game PaaS platform has been built to provide one-stop cloud game PaaS services for many enterprises such as game developers, game operators, terminal manufacturers, and communication operators.

August 2021,The Android version of , the most important benchmark product of the Weiling era, "Cloud Protoss", has been officially tested, and it has been recognized by Mihayou and satisfied with players so far. More clear. In addition to Mihayou, Weiling Times is also actively expanding other partners. At this year’s ChinaJoy, Weiling Times and Mobile Migu, Xiaomi Group and Kingsoft Cloud jointly established a cloud game "cubic meter" plan to promote the overall development of the industry; in addition, Weiling Times also cooperated with 360 Games Excellent game companies such as China Mobile Games and China Mobile Games have established formal partnerships.

For the most popular Metaverse at the moment, the Weiling era is closely related to it. As early as the end of 2019, Weiling Times began to lay out the next-generation virtual digital world, and plans to spend 10 years to find a path to the ‘number one player’.

Guo Jianjun believes, “ meta-universe is actually a pioneer in the pan-entertainment industry, and the entire industry has officially entered the era of great navigation. We took the carbon-based continent as a starting point and boarded the'virtual ark'. Span the entire' computing power sea' and explore the'silicon-based continent'. The elements of the meta universe are the'hash power sea','transmission network','ark architecture', and'entry carrier'. The Weiling era chose Explore two of these elements, complete cloud rendering and build a sea of ​​computing power. I believe that the sea of ​​computing power is a prerequisite for the emergence of silicon-based continents. I hope that the era of Weiling can contribute to the progress of the virtual digital world."

In addition,Weiling Times established "Silicon-based Continental (Chengdu) Technology Co., Ltd." in Chengdu to design cloud games and games and Dedicated hardware for virtual digital world. In the early stage of the design, Weiling Times required the hardware solution to comply with the carbon neutral national strategy.

Guo Jianjun, founder and CEO of Weiling Times, said, “We have a very pleasant contact with Mingshi. Huang is always an investor who has a deep insight into the future of technology, and we can collide every time we communicate. There are many sparks. What’s more commendable is that Mingshi has a true belief in technology changing the world and dare to believe in the “impossibility” in the eyes of everyone. In the past period of time, Mingshi has been combing the industrial chain, connecting resources, and introducing talents. The aspect has given very great support, which gives us the feeling of'fighting side by side'. We are very happy to cooperate with Mingshi and look forward to the rapid development of the next generation of virtual digital world."

As the lead investor in this round of financing, Mingshi Capital’s founding partner Huang Mingming believes: “In the exciting field of Metaverse, we are very happy to meet Mr. Guo and the team led by Wei. With the tempering of global head games such as Yuanshen, Weiling has taken a leading position in product polishing and technology accumulation; in-depth cooperation with scene parties such as Xiaomi, Mihayou, China Mobile, etc., will also be the company’s future The explosive growth of the business provides a powerful boost. What makes us more confident is the team of Guo and Weiling, who not only dare to think and do, but also have a deep insight into the development of the industry. We are firmly optimistic that Weiling will become the ultimate industry leader. In Huang Mingming’s view, "The arrival of the Metaverse,Will bring opportunities for the next generation of computing platforms. Although its specific form is not yet known, it will undoubtedly be a digital world with extremely rich experience. In order to support an unprecedented rich experience, the world needs huge underlying computing power, and its computing power demand may far exceed all existing information systems .

The demand for computing power in the Metaverse era requires a new computing power supply model: the bottom layer of computing power will no longer be based on the CPU architecture oriented by'information processing', but will be based on'experience creation' 'Heterogeneous architecture with coexistence of CPU, GPU, and even dedicated processors; computing power supply network will no longer be a'centralized' structure, but a'distributed' structure; computing power billing method It will no longer be a'fixed asset' type of advance investment, but will be used on demand like'hydropower and coal'. "



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