Beijing-based cloud rendering startup Well-Link Technologies has raised US$40 million led by Singapore state investment firm Temasek
Existing investors Future Capital and VGC took part in the funding as well.
Well-Link, which counts tech firm Xiaomi and gaming company MiHoYo among its previous investors, sees the Temasek-led round as a doorway to expanding overseas, according to CEO Jianjun Guo.
Founded in 2019, Well-Link is looking into how its cloud rendering tech can be used in virtual reality projects.
The Beijing-based startup is also planning to encourage more developers to create cloud-based games.
Well-Link Technologies will use this new funding to better its software and hardware integrated real-time cloud rendering capabilities and accelerate the building of next-gen computing and rendering architecture.
The company fully believes in the power of GaaS —graphics as a service in this case— and claims that 5G- empowered cellular networks as well as other improvements across several technologies allow cloud-based services to thrive.
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