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Light Theto senses Tsinghua for series B round

Jan 4, 2019 • Jack Hammond

THC Ventures has led a $14.5m round that will fund Light Theto's R&D activities.

China-based 3D optical technology developer Light Theto Beijing Science and Technology Development has raised RMB100m ($14.5m) in a series B round led by THC Ventures, a VC affiliate of Tsinghua University’s Tsinghua Holding asset management unit, China Money Network reported on Wednesday.
The round included private equity firm Cathay Capital, VC fund Shunwei Capital and TusStar Angel Invest, as well as internet group Baidu and electronics manufacturer Lenovo, which participated through corporate venturing subsidiaries Baidu Ventures and Lenovo Capital…

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