# Laihua Digital Co

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/laihua-digital-co

- Industry: Software
- Headquarters: Shenzhen, China
- Website: www.laihua.com
- Total disclosed funding: $72M
- Latest round: Series C (Oct 28, 2021)
- Investors on record: 8

## About

Based in Shenzhen, China and established in 2015, Laihua Digital Co, Ltd. is a hand drawn video developer which allows users to produce hand drawn videos on its platform and provides personalized video products and hand drawn video training courses through artificial intelligence technology. It also allows users to send videos as messages to promote products. Wei Bo, the company's founder and CEO, was the co-founder of Prezi China. The company has branches in Beijing, Shanghai, Hong Kong and other cities. It has partnerships with zitijia.com, WPS, Foundertype, San Ji Type and IFLYTEK. In July 2023, it raised CNY 35 million in strategic investment from new investor WINNER Technology.

The company mainly provides AI video demo tool, animated short video cloud creation platform, animation presentation and design platform. These platforms not only support video editing, the AI video demo tool can also be applied to various scenarios such as video conferences, education and training, e-commerce livestreaming, and video resumes. Its self-developed animation and digital human intelligent generation platform has the capabilities of AIGC digital marketing cloud, intelligent generation of animation, Chat intelligent assistant, etc. In addition, it has launched LaiDraw Digital People 1.0 – semi-driven digital people (photo digital people, digital people AI oral video, etc.), LaiDraw Digital People 2.0 – self-driven digital people (LaiDraw Chat intelligent assistant, etc.) and other products.



As of 2022, the company's revenue for 2022 is CNY 86.77 million and net income is CNY -87.2 million.

## Funding rounds

- Series C, Oct 28, 2021, $42M — CDH Investments, Esencia Fund
- Series B, Apr 15, 2021, $26M — Infinity Group, Zhencheng Capital
- Series B, Mar 11, 2020 — Providence Equity Partners
- Series B, Dec 8, 2017 — QF Capital, Crazy Sports Group
- Series A, Sep 26, 2017, $5.3M — QF Capital, MIDDAY CAPITAL

## Investors

- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Series A, Series B
- MIDDAY CAPITAL — Series A
- Crazy Sports Group — Series B
- Providence Equity Partners (https://capitalatlas.ai/funds/providence-equity-partners) — Series B
- Infinity Group (https://capitalatlas.ai/funds/infinity-group) — Series B
- Zhencheng Capital (https://capitalatlas.ai/funds/zhencheng-capital) — Series B
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series C
- Esencia Fund — Series C