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China tech

Shenzhen tech raises funds for avatar app

XiuDan company draws veteran investor as it seeks expansion

Xiudan app's avatars made with 3D and AR technology.(Courtesy of XiuDan Technology)

BEIJING -- A Shenzhen technology company has raised millions to develop a social media app that allows participants to interact as avatars that they have designed themselves and that can reflect their expressions and their mannerisms. 

Shenzhen XiuDan Technology, operator of the XiuDan app, has raised millions in a pre-series A funding round that was led by Qiming Venture Partners, an investor with holdings in technology bellwethers such as smartphone maker Xiaomi and online food delivery platform Meituan Dianping.

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