ATTA GAME, a Chengdu-based mobile game developer, received several million yuan of seed funding from angel investor Zeng Liqing, as reported by Chengdu local tech media ITChaGuan (in Chinese).
Zeng Liqing, co-founder and former COO of Tencent, became a super angel investor and founded an investment company, DecentCapital, after leaving Tencent in 2007. So it’s not a coincidence that a considerable number of startups he and his company have invested in are founded by Tencent alumni and gaming companies. Mr. Zeng once said he only invested in “projects founded by former Tencent employees or recommended by friends.” (in Chinese)
Although Tencent is most known for QQ, the most popular IM service in China, a majority of its revenues have been from online games and game-related subscriptions. It’s no wonder many Tencent employees know one thing or two about online games. Among the dozens of startups that have received funding from DecentCapital, more than half offer online/mobile games or game-related services.
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