China's Light Chaser Animation Raises $20 Million From Ggv Capital
China's Light Chaser Animation Studios has closed a $20 million round of Series B funding, led by Ggv Capital and Chengwei Capital. Light Chaser was launched in March 2013 by Gary Wang, founder of Tudou.com, which was bought by rival Internet video company Youku.com in a $1 billion stock deal in 2012. Wang has said his ambition for the company is for it to be China's answer to Pixar — a boutique studio "creating world-class animated films with a Chinese cultural touch." Photos Johnny Depp's First Trip to China Light Chaser has spent the last 15 months
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- 6/20/2014
- by Patrick Brzeski, Clifford Coonan
- The Hollywood Reporter - Movie News
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