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AnJie Law Firm Represented Morningside Venture Capital on the Investment into Kunlun Fight’s Series B Financing

浏览次数: Apr 6,2016

Recently, Beijing Kunsun Culture Media Co., Ltd Digital (“Kunsun Media”) announced it had completed the Series B round of financing, and its post-deal valuation has amounted to 350 million US dollars. The leading investor was Morningside Venture Capital, and the co-investor were IDG and Northern Light Venture Capital. According to the news, Kunsun Media will be marching towards being a unicorn, and Kunlun Fight would like to be an internationally competitive Chinese sports brand.

“Kunlun Fight”, jointly created by Kunsun Media and Jiangsu TV, is a high-level Chinese Fighting tournament under WLF Kickboxing Council, which aims to build a world-class professional fighting platform and a whole industry chain business model incorporating such derivatives as sports events, stars, martial arts schools and games. 

The AnJie team for this transaction was led by CAI Hang, WANG Haoxiang and WEN Xiaoguang at Shanghai office.

Link to the news: http://sports.qq.com/a/20160316/055950.htm

 

所属类别: AnJie News

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