Motphys, Houmo.AI and HiBO’s Financing

Zhong Lun advised Motphys, Houmo.AI and HiBO on the deal.

Nanjing Houmo Intelligent Technology Co., Ltd. (“Houmo.AI”) completed its angel financing of tens of million US dollars in March 2021 and Series Pre-A financing of RMB 300 million in August 2021. Houmo.AI’s angel financing was led by Sequoia Capital China Fund, followed by Matrix Partners China, Lenovo Capital, Hony Capital and IMO Ventures. 

Motphys, a game engine company, raised millions of US dollars in its angel financing in August 2021. That round of financing was co-led by Sequoia China Seed Fund and Hillhouse Venture and followed by Game Trigger.

Suzhou HIBO Electronic Technology Co., Ltd. (“HiBO”) completed its Series A+ financing of tens of million in RMB in July 2021. The financing was exclusively provided by Shunwei Capital. 

Zhong Lun’s team was led by David Xu (Picture), Tingting Ji and Jiayu Ma.

Involved fees earner: Tingting Ji – Zhong Lun Law Firm; Jiayu Ma – Zhong Lun Law Firm; David Xu – Zhong Lun Law Firm;

Law Firms: Zhong Lun Law Firm;

Clients: HIBO Electronic Technology; Houmo.AI ; Motphys;

Author: Sonia Carcano