# Wizard Games

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wizard-games

- Industry: Software
- Headquarters: Hangzhou, China
- Website: www.wooduan.com
- Total disclosed funding: $9.9M
- Latest round: Series B (Mar 16, 2016)
- Investors on record: 2

## About

Founded in 2010 and based in Hangzhou, China, Wizard Games is an online game development company that focuses on the development of web games, mobile games, etc. It was recognized as the National High-tech Enterprise. Currently, the company has more than 200 employees. Xin Li, the founder, and chairman of the company, graduated from Zhejiang University. Luzhou Ni, the CTO of the company, used to work in Baidu. The company has closed 4 rounds of funding by 2020, and its investors include Guojin Capital and Qiyi Capital. In November 2020, Wizard Games closed a strategic investment from new investor Tencent Investment. In 2022, the company launched the Battle teams 2.

The company mainly engages in the research, development, and operation of web games. Its web games products include Battle Teams, Dongfengpo, Nitianjue, Piaomiao Xiyou, etc. The Battle Teams has accumulated more than 500 million cumulative users worldwide. The company also develops mobile games and PC Games.

The company generates revenue by developing and operating web games, mobile games, and PC games.

The company will use the strategic investment for business expansion internationally and support upcoming game development.

## Funding rounds

- Series B, Mar 16, 2016, $9.9M — Guojin Capital
- Series A, Jun 2, 2015 — Shanghai Qiyi Investment Management Partnership
- Series A, Jul 9, 2014 — Guojin Capital

## Investors

- Guojin Capital (https://capitalatlas.ai/funds/guojin-capital) — Series A, Series B
- Shanghai Qiyi Investment Management Partnership (https://capitalatlas.ai/funds/shanghai-qiyi-investment-management-partnership) — Series A