# 70yx.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/70yx-com

- Industry: Software
- Headquarters: Beijing, China
- Website: www.70yx.com
- Total disclosed funding: $37M
- Latest round: Series C (Aug 3, 2011)
- Investors on record: 5

## About

70yx.com is a gaming company specializing in the development and distribution of interactive entertainment products, primarily focusing on mobile and online games that engage a wide audience of players.Founded in 2007 in Beijing, China, 70yx.com focuses on creating interactive gaming experiences. The company raised USD 20.00 mn in Series C funding on August 3, 2011, led by CDH Investments and Shenzhen Capital Group. Li Guo, the founder, has a history in the gaming industry, while Feng Wei serves as CEO.70yx.com, through its subsidiary Beijing Kirin Games, develops and distributes mobile and online games tailored to casual and competitive gamers. The company's offerings aim to foster social interaction and engagement, targeting various geographical markets with a strong emphasis on the Asia-Pacific region, especially China.In the most recent year, 2016, 70yx.com reported revenue of USD 7.38 mn, with an EBITDA of USD -5.56 mn.70yx.com plans to leverage its recent Series C funding of USD 20.00 mn for future growth initiatives. This includes the development of new gaming titles aimed at expanding its presence in the Asia-Pacific market. The company is focused on enhancing user engagement and exploring opportunities in emerging markets to increase its reach.

## Funding rounds

- Series C, Aug 3, 2011, $20M — CDH Investments, Shenzhen Capital Real Estate Fund
- Series B, May 31, 2009, $2.5M — Lotus Lake Capital, Shenzhen Capital Real Estate Fund
- Series A, Nov 12, 2008, $15M — Xiaoxiang Capital Group, Beijing Wisdom Company, Shenzhen Capital Real Estate Fund

## Investors

- Xiaoxiang Capital Group — Series A
- Beijing Wisdom Company — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A, Series B, Series C
- Lotus Lake Capital (https://capitalatlas.ai/funds/lotus-lake-capital) — Series B
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series C