# Cosmic Singularity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cosmic-singularity

- Industry: Media
- Headquarters: Hangzhou, China
- Website: www.paybo.cn
- Total disclosed funding: $11M
- Latest round: Series A (Mar 28, 2024)
- Investors on record: 5

## About

Established in 2021 and based in Hangzhou, China, Cosmic Singularity operates as a digital platform that focuses on anchor and live room. The company cooperates with Tik Tok, Kwai and Buy Together platforms. In 2021, the firm developed a broadcasting app. In April 2023, it raised CNY 30 million in series A funding from returning investors Inno Hub and Zhongwei Yihe. In March 2024, the firm raised a series A+ funding for CNY 50 million. 

The products of the company include matching app. The company provides platform for anchor selling via online. It adopts core algorithm to match anchor and live room about digital credit capitalization, credit finance and supply chain distribution. The company has signed up over 10 sellers and 10 cargo Stars within one month.

The company will use the series A+ funding for the upgrade and iteration of AI digital human live broadcast technology, AI short video matrix, AI digital immortality, product development and layout of AI digital doctors, official service provider and city agent channel network construction, and distribution unit clone AIGC dual brand Fusion.

## Funding rounds

- Series A, Mar 28, 2024, $6.9M — Zimi Investment, Top Element Intelligence (Shenzhen) Technology Co., Ltd.
- Series A, Apr 7, 2023, $4.4M — Inno Hub, Zhongwei Yihe
- Angel, Aug 6, 2021 — SGT Capital Management Group, Inno Hub, Zhongwei Yihe

## Investors

- SGT Capital Management Group — Angel
- Inno Hub (https://capitalatlas.ai/funds/inno-hub) — Angel, Series A
- Zhongwei Yihe — Angel, Series A
- Zimi Investment (https://capitalatlas.ai/funds/zimi-investment) — Series A
- Top Element Intelligence (Shenzhen) Technology Co., Ltd. — Series A