Presented by OVH, the major player in the European cloud market, and URights, the global music copyright management system co-developed by Sacem and IBM, Midemlab finalists delivered their pitches today at Midem in front of an audience and jury of investors and potential partners.
Previous editions of Midemlab proved to be a valuable launchpad for many leading startups in the entertainment field such as SoundCloud, The Echo Nest, Kickstarter, BandPage, Songkick, Next Big Sound and Stagelink – to name a few.
Vinci won in the Experiential technologies – AR/VR, high resolution, IoT & hardware category
CMC Capital, a Chinese investment firm focused on the media and culture sector, and Chinese private equity firm HG Capital, have led a RMB180 million (US$26 million) series B round in Newrank, a Shanghai-based social media content monitoring and ranking start-up.
Fortune Capital also participated in the round, according to a company announcement.
“In the past few years, a large number of content start-ups and new media companies have been established because content distribution is being decentralized, and original content are becoming really innovative,” said Li Ruigang, chairman at CMC Capital. “Newrank is the leading platform in the new media market with its knowledge in data and social media. We are optimistic about the future of Newrank, and will support the company’s developments in data consulting, marketing, e-commerce and copyright distribution.”
Founded in 2014, Newrank provides ranking services for content published on Chinese media platforms, including WeChat official accounts and Weibo accounts, where users have turned to for content consumption.
The company currently monitors over ten million WeChat official accounts. As of February 2017, it oversees the daily activities of over 350,000 high-quality accounts, covering 20 sectors and 30 cities, the company claims.
Newrank also partners with a number of media platforms including social media platform Weibo, personalized news app Toutiao, video platform iQiyi.com and Youku Tudou and distribute its rankings and data.
The company previously raised a RMB20 million (US$2 million) series A round from SkyChee Ventures in 2015. Last year, it raised an undisclosed amount of series A+ round from Zhen Fund, Banyan Capital and Weiying Capital.
Beijing-based lifestyle holiday company Tsingpu Travel announced on March 20 that it has received RMB 200 million in its series A round funding. The round was backed by Sunshine Insurance Group’s investment arm, SkyChee Ventures and Satisde Capital.
Tsingpu Travel raised RMB 68 million in the 2015 angel round supported by Fengyun Capital, China Lodging Group and Heyi Capital.
In the meantime, Tsingpu Travel has become a “major shareholder and close partner” of Blossom Hotel Investment Management in Suzhou, operator of boutique hotel Blossom Hill, through a strategic investment.
Tsingpu Travel provides vacation service in scenic resorts and aims at becoming China’s largest cultural holiday operator. The company has built experience centers in popular travel destinations such as Yunan, Fujian and Zhejiang
FiFish is the first underwater drone for consumer market, It fulfills the demands of customers with desires of underwater exploration, and provides a brand new way for photographers, diving and water sport lovers, and underwater explorers.
As a convention recognized internationally, CES’s awards are considered as ” the Olympic awards in consumer electronic industry”. After last year’s debut, FiFish has another “intimate contact” with this industry this year.
Li is part of a phenomenon that is sweeping across large swathes of China: people are increasingly shifting their consumption of even routine everyday things to more premium categories. “Once people learn about good things, they can’t get over them easily,” says Xu Ke, 27, founder and CEO of Eqingdan.com (literally translated as “the list”), a Beijing-based start-up that offers shopping guides that end up showing the likes of Li more sophisticated offerings for things that they are looking to buy.
In a move that is bringing new quality to the experience of internet radio and audio streaming, Mr. Dejun Zeng, the passionate radio technologist known as the “Father of the Tube Amplifier” in China, is expanding his company, Muzen Audio Group, to the United States.
The company is premiering in the U.S. at CES, where they are receiving a 2017 CES Innovation Award for their new AM/FM/internet radio and Bluetooth speaker product (the fifth CES Innovation Award to be received by Mr. Zeng). With its vintage design, the internet radio product serves as a bridge from the past to the future.