ThinkingData
数数科技
ThinkingData (数数科技) is a game big-data analytics and intelligence company backed by Linear Capital, which lists it among its early bets alongside Horizon Robotics and Tezign . The firm was in its seventh year as of 2022, when co-founder and CTO Zhou Jin unveiled its flagship product evolution at that year's Game Data-Driven Conference . Originally built around ThinkingAnalytics (TA), a private-deployment analytics platform, the company upgraded in 2022 to ThinkingEngine (TE), shifting from pure data analysis to a closed-loop system that layers user profiling, audience segmentation and full-scenario touchpoint reach on top of its data infrastructure . TE was pitched as a way to let game studios focus on their core business while the engine handled the full data-to-operation cycle . In funding, ThinkingData raised a RMB 100 million Series C+ in August 2022 led by GGV Capital, following earlier B and C rounds in 2021, and had begun international expansion into Japan with plans for Korea, Southeast Asia and Europe . More recently, as of 2025, it has struck partnerships with Korea's ONE Store and with Hypergryph, the studio behind Arknights, to support Chinese studios' overseas push and to power live-ops for specific titles .
AI-generated — may contain errors, please verify.
Coverage
Before the Start of Winter, Building Inner Strength | Linear Quarterly
Fearless through the winter, growing inward.
线性资本·The First Newsletter of Autumn | Linear Quarterly
Cycles turn, and Wanwu Capital begins to harvest.
线性资本·Event Preview | May 24, Nanjing — Nanjing Jinyuzui X Linear Capital Institutional Day: Discussing Global Frontier Tech Trends and Application Prospects
On May 24, Linear Capital will partner with Nanjing Jinyuzui Fund Block Development Center and Nanjing Jinyuzui Daily Roadshow Cultural Development Co., Ltd. to launch the **"Jinyuzui Institutional Day x Linear Capital Frontier Technology Special"**, exploring "Global Investment Strategies for Frontier Technology and Future Innovation Directions." At the event, Linear Capital partner Songyan Huang will deliver an on-site presentation titled **"Investing in European Frontier Technology"**, with select Linear portfolio companies (featuring founders with European study and work backgrounds) also participating.
线性资本·Tech Unicorn Fireside Chat Transcript | Tezign: A Business Adventure in Technology-Enabled Creativity
"Tech Unicorn Fireside Chat" is Linear Capital's [Linear Fellow program](https://mp.weixin.qq.com/s?__biz=MzAwNTAyMDAyNQ==&mid=2652302409&idx=1&sn=4f470812e7565650196e8665129fb996&chksm=8
线性资本·No More 2020-Too, a Hopeful 2023 — Linear Capital's 2022 Year in Review
2022 was a difficult year for many, and the venture capital industry was no exception. Linear Capital has long been bullish on the future of AI integrated with industry and digitalization, but in 2022, uncertainty increased, and even tech investment — long seen as "an oasis in the desert" — was not immune to pessimism. According to data compiled by IT Juzi, both the number and value of investment deals in China's new economy sector declined for two consecutive quarters in the first half of the year, and deal activity remained subdued after the third quarter.
线性资本·ThinkingEngine, a Next-Gen Game Big Data Intelligence Engine, Launched by ThinkingData
In 2022, ThinkingData marked its seventh year, and the Data-Driven Game Conference entered its third. Over these years, we've witnessed firsthand how data propels game businesses forward, while continually exploring how to unlock even greater value from it.
线性资本·Linear Capital News | Linear Capital Leads Angel Round in Dataverse Technology, Which Announces 100 Million Yuan Series C+ Round to Accelerate International Expansion
Today, we are officially announcing the completion of our **100 million RMB Series C+ round**, led by **GGV Capital**. Following our Series B round in March 2021 and Series C round in November 2021, **Shushu has completed three funding rounds in just a year and a half, raising nearly 600 million RMB in total.**
线性资本·Linear Capital Perspectives | AI Enters Industry: Is the Current Moment a Window of Opportunity or a Bubble, and Which Investment Areas Does Linear Capital Favor?
In late June, Harry Wang, founder and CEO of Linear Capital, was invited to speak at the Amazon Web Services (AWS) Innovation Conference, where he joined Dr. Zhang Xia, chief enterprise strategy advisor at AWS, for a conversation on recent AI investment insights. Wang shared Linear Capital's analysis of AI's integration into industries, the firm's investment focus areas, the technical bottlenecks that need to be overcome in the next phase, and related recommendations. Below is a summary of the conversation, with both video and transcript.
线性资本·







