# Black.VIP

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/black-vip

- Industry: Consumer Products
- Headquarters: Ningbo, China
- Website: www.iblackvip.com
- Total disclosed funding: $1.4M
- Latest round: Angel (Dec 12, 2019)
- Investors on record: 2

## About

Black.VIP is a company specializing in interactive digital services within the gaming and entertainment sector, offering engaging online gaming platforms for diverse audiences.Founded in 2019 in Ningbo, China, Black.VIP focuses on developing online gaming experiences. The company has secured RMB 10 million in funding as part of its ANGEL round from Bangshi Capital, Zhiping Capital, and an unspecified investor on December 12, 2019. Black.VIP has executed only one deal to date, emphasizing its early-stage growth.Black.VIP specializes in a range of interactive digital services and products, primarily within the gaming and entertainment sector. The company’s core offerings include online gaming platforms that facilitate user engagement through various gaming experiences. These platforms cater to a diverse audience, including casual gamers and professional eSports players, addressing the need for immersive entertainment and social interaction. The primary markets for these products extend across Asia and Europe, attracting individual gamers, gaming communities, and corporate sponsors seeking advertising opportunities. The company continually innovates by releasing new gaming titles and features that enhance user experience and retention.The revenue generation model for Black.VIP is structured around a combination of subscription services and direct-to-consumer sales. Clients access premium content through subscription plans that offer various tiers, allowing users to select a package that best fits their gaming preferences. Additionally, the company engages in partnerships with retailers and wholesalers to distribute its flagship gaming products, enhancing market reach. Revenue is further supplemented through in-game purchases and advertising partnerships, providing additional monetization avenues.Black.VIP plans to leverage the RMB 10 million raised in its ANGEL funding to support the development of upcoming gaming titles and features aimed at enhancing user engagement. The company is targeting expansion into new markets across North America and Southeast Asia by the end of 2023, aiming to broaden its customer base. The recent investment will be utilized to enhance technology infrastructure and marketing strategies, ensuring successful entry into these new geographic regions.

## Funding rounds

- Angel, Dec 12, 2019, $1.4M — Bangshi Capital, Zhiping Capital

## Investors

- Bangshi Capital (https://capitalatlas.ai/funds/bangshi-capital) — Angel
- Zhiping Capital — Angel
