Ningbo Tongshang Fund
宁波通商基金
Ningbo Tongshang Fund is a venture capital fund based in Ningbo, China, that appears to focus on technology investments, particularly in the semiconductor and extended reality (XR) sectors. In October 2023, it co-invested in GravityXR's Series A round of several hundred million RMB, alongside lead investor Lisi Capital (砺思资本), Zhaoshang Venture Capital, and Haiding Capital . The deal also saw continued follow-on investment from notable names including miHoYo, Yaotu Capital, Tongge Ventures, Zhongyuan Capital, 37 Interactive Entertainment, and Sequoia Capital .
elsewhere's corpus does not contain additional details on the fund's founding date, AUM, or broader investment strategy beyond this single disclosed deal.
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Coverage
November: Stay Curious and Imaginative | 5Y News Monthly
The big news from last month.
5Y News | GravityXR Closes Hundreds of Millions of RMB in Series A Funding to Advance Dedicated Chip for "XR Spatial Computing"
Create a brand-new world that blends the virtual and the real.
GravityXR has completed a Series A financing round of several hundred million RMB, led by Lisi Capital.
A Complete Transformation of Future Human-Computer Interaction
GravityXR Closes Hundreds of Millions of RMB in Series A Funding to Advance Dedicated Chip for "XR Spatial Computing"
Using chips as the platform to lead the way in delivering ultimate XR experiences.
