# Beijing Pangaea Network Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-pangaea-network-technology-co

- Industry: Software
- Headquarters: Beijing, China
- Website: www.pangaeavr.com
- Total disclosed funding: $0.9M
- Latest round: Angel (Aug 10, 2016)
- Investors on record: 2

## About

Beijing Pangaea Network Technology Co., Ltd. specializes in immersive virtual reality solutions, enhancing user experiences across education, training, and entertainment sectors with advanced VR software and hardware.Founded in 2015, Beijing Pangaea Network Technology Co., Ltd. operates out of Beijing, China, focusing on immersive virtual reality solutions. The company secured a CNY 10 million funding round led by China Science & Merchants Capital Management in March 2017, raising a total of CNY 10 million to date. The CEO, Dianyan Huo, has a background in technology and innovation, contributing to the company's strategic direction.Pangaea VR specializes in immersive virtual reality solutions designed to enhance user experiences across various industries. Their core product offerings include advanced VR software and hardware tailored for applications in education, training, and entertainment. These products aim to address remote learning limitations and provide effective training simulations in high-risk environments. Pangaea VR’s client base includes educational institutions, corporate training departments, and entertainment companies, which utilize their technology to create engaging and interactive environments. The company primarily markets its products to clients in North America and Europe, focusing on sectors that benefit from enhanced visualization and engagement through virtual reality.Pangaea VR generates revenue through a structured model that combines direct sales of their VR products and subscription services for ongoing software updates and support. Clients typically enter into agreements that may include one-time purchases of flagship products, alongside annual subscriptions for additional features and services. The pricing structure reflects the premium nature of their offerings, with costs associated with both hardware and accompanying software solutions, fostering partnerships with educational institutions and enterprises requiring scalable and customizable VR solutions.Beijing Pangaea Network Technology Co., Ltd. plans to expand its product line by introducing new VR applications targeting specific needs in the education and corporate training sectors, with anticipated launches by late 2023. The company aims to penetrate additional markets in Asia and is exploring opportunities in regions like Southeast Asia by mid-2024. The recent funding of CNY 10 million will be utilized to support these initiatives, enhancing product development and market entry strategies.

## Funding rounds

- Angel, Aug 10, 2016, $0.9M — Z Venture Group, Zhuiyuan Venture Investment

## Investors

- Z Venture Group (https://capitalatlas.ai/funds/z-venture-group) — Angel
- Zhuiyuan Venture Investment (https://capitalatlas.ai/funds/zhuiyuan-venture-investment) — Angel