# Pico Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pico-technology-co

- Industry: Software
- Headquarters: Beijing, China
- Website: www.picovr.com.cn
- Total disclosed funding: $91M
- Latest round: Series B (Mar 2, 2021)
- Investors on record: 9

## About

Based in Beijing, China and established in 2015, Pico Technology Co., Ltd. is a technology company that focuses on VR software and hardware research and development. In 2015, the company launched Pico 1 virtual reality helmet and APP. In 2016, it launched the VR all-in-one called Pico Neo DK. In 2017, the company launched the mobile phone box product called Pico U. The company has more than 300 employees. 

The company engages in the research and development of VR software and hardware. The company mainly has two product lines: Neo series and G series. Neo series products adopt 6DoF technology, focusing on the direction of game interaction. G series products adopt 3DoF technology, focusing on the viewing direction. The company's products are used in education, training, medical treatment, commercial display and other fields. The company engages in B2B and B2C.

In Q2 2021, the company will launch a new product called Neo 3.

## Funding rounds

- Series B, Mar 2, 2021, $37M — CCB International, China Merchants Capital, CoStone Capital, Jianyin International Capital Management (Tianjin) Co., Ltd
- Series B, Dec 31, 2020, $30M — China International Capital Corporation, Keystone Wealth Management
- Series A, Jul 31, 2018, $25M — GF Xinde Investment, Jufeng S&T Venture Investment, GF Qianhe

## Investors

- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series A
- Jufeng S&T Venture Investment — Series A
- GF Qianhe — Series A
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series B
- Keystone Wealth Management (https://capitalatlas.ai/funds/keystone-wealth-management) — Series B
- CCB International (https://capitalatlas.ai/funds/ccb-international) — Series B
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series B
- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series B
- Jianyin International Capital Management (Tianjin) Co., Ltd — Series B