NetDragon Websoft Holdings Limited, a global leader in building internet communities, has recently completed a strategic investment of US$20 million as the lead investor in Rokid Corporation Ltd's latest equity fundraising round.
This investment solidifies NetDragon's commitment to exploring metaverse opportunities on a global scale, leveraging Rokid's cutting-edge #Augmented Reality (AR) technologies.
NetDragon, renowned for its expertise in scaling internet and mobile platforms in the gaming and education sectors, is well-positioned to drive innovation and enhance learning experiences through technology. With its global recognition in the education field, #NetDragon has proven its ability to leverage technology to improve learning outcomes.
#Rokid, a world-renowned leader in AR technologies, offers comprehensive solutions encompassing hardware, software, and operating systems. This strategic partnership and investment will accelerate the development of next-generation interactive user experiences, which will serve as the foundation of the metaverse. Rokid's impressive list of investors, including #IDG, #Walden, #Fosun, #Haitong, and #Temesak, further validates its position as a key player in the industry.
Dr. Simon Leung, NetDragon Group Vice Chairman and Executive Director, expressed excitement about the investment, stating that AR will play a pivotal role in enabling the metaverse in the future. He believes that AR will revolutionize user interactions and expand the range of use cases, particularly in #education, #gaming, #medicine, #industry and design. The partnership with Rokid will enable NetDragon to design products that offer unparalleled user experiences through the application of AR technologies, while also accelerating the market launch of their AR-enabled offerings.
Mr. Misa Zhu, the Founder and CEO of Rokid, expressed his satisfaction with NetDragon's investment and emphasized the importance of their strategic partnership. As a leading unicorn in the rapidly growing AR industry, Rokid focuses on human-computer interaction technology and has a strong track record in various industrial and consumer applications. By collaborating with NetDragon, Rokid aims to leverage their expertise in education and gaming, as well as their global sales network, to expand their opportunities. The combination of NetDragon and Rokid is expected to drive product development and foster breakthrough innovation in the industry.
NetDragon Websoft Holdings Limited's strategic investment in Rokid Corporation Ltd marks a significant milestone in the pursuit of metaverse opportunities. This partnership brings together two industry leaders, each with their unique strengths, to create a future where AR technologies redefine user experiences and drive innovation across various sectors.
