DGene Raises $20M in Series A Funding

DGene, a Shanghai, China-based content creation company building tools to expand creativity and redefine virtual production and immersive entertainment, raised $20m in Series A funding.

The round was led by Alibaba Group.

Co-founded by three computer science experts: Jingyi Yu, dean of the School of Information and Technology at Shanghai Tech University, Jason Yang, former GPU Performance Engineering and Research manager at Advanced Micro Devices (AMD), and Yi Ma, Berkeley Electrical Engineering and Computer Sciences (EECS) professor, DGene is a content creation company researching and developing advanced artificial intelligence (AI) solutions to expand creativity and redefine virtual production and immersive entertainment. Real-world applications for DGene’s technology include film and television content creation, entertainment, experiential marketing, concerts, sporting events, games, e-commerce and education.

DGene operates its U.S. headquarters from San Jose, California, with a team located in Los Angeles. Founded in Shanghai, China, the company has grown its team in the U.S., and now also manages its volumetric capture stage in Baton Rouge, Louisiana.

With this funding, DGene will continue to invest in its products and collaborate with leaders in entertainment.

FinSMEs

01/11/2021