# Opentown

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opentown

- Industry: Media
- Headquarters: Beijing, China
- Latest round: Series A (Jan 14, 2020)
- Investors on record: 3

## About

Established in 2015 and based in Beijing, China. Opentown is a media mobile application that provides current events hot live chat platform. The company has completed three rounds of financing until 2021. Besides, the company was invested by a digital media company Douban which hold majority equity after the deal in June 2021.

The application provides a live chat platform for people to discuss hot current events. There are different programs and topics for users to discuss, which includes latest news, international and political information, music, entertainment and animation. It has attract 4000 active users after the products have been launched for more than half a month.

## Funding rounds

- Series A, Jan 14, 2020 — Shangqi Shenghe Investment
- Angel, Jul 16, 2015 — BAI Capital, K2VC

## Investors

- BAI Capital (https://capitalatlas.ai/funds/bai-capital) — Angel
- K2VC (https://capitalatlas.ai/funds/k2vc) — Angel
- Shangqi Shenghe Investment (https://capitalatlas.ai/funds/shangqi-shenghe-investment) — Series A