# Next Entertainment (Hong Kong)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/next-entertainment-hong-kong

- Industry: Software
- Headquarters: Shenzhen, China
- Website: www.meme.chat
- Total disclosed funding: $25M
- Latest round: Series A (Jan 14, 2017)
- Investors on record: 2

## About

Established in 2017 and based in Shenzhen, China, Next Entertainment (Hong Kong) Limited operates a live video streaming platform called MeMe Live. The platform allows users to create, share and broadcast their videos for social media integration, promotional tools and earning cash rewards. In November 2019, M17 Entertainment Limited, a portfolio company of Vertex Ventures Southeast Asia & India, 5Y Capital, Woori Venture Partners, Z Venture Capital, Headline Asia, Majuven, Prometheus Capital, Convergence Ventures, K2 Global, Golden Equator Capital, Sebrina Holdings, Stonebridge Ventures, DAOL Private Equity, agreed to acquire Next Entertainment (Hong Kong) Limited. Financial details of the transaction were not disclosed.

## Funding rounds

- Series A, Jan 14, 2017, $25M — GSR Ventures, Beijing MeeLive Network Technology Co., Ltd.

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A
- Beijing MeeLive Network Technology Co., Ltd. — Series A