Shanghai-based “boutique entertainment studio” Linmon Pictures (柠萌影业) announced a round of 500 million RMB (about $76 million USD) Series B Funding on Tuesday, according to Chinese startup and investor platform, ITJuzi. The round of investment was led by Hony Capital (弘毅投资) and followed by Tencent and Mango V Foundation.

“In the near future, using this new round of funding, we plan to not only expand the production of our TV shows, but also invest in film, variety shows, and other kinds of content,” said Xiao Su (苏晓), the CEO of Linmon Pictures, in an article by Sina Finance.

Founded in August 2014, Linmon Pictures is an independent creator, producer, and distributor of entertainment content. In 2015, Linmon Pictures received a 100 million RMB round of Series A funding from Tencent, after which it produced three TV dramas: Chronicle of Life (寂寞宫廷春欲晚), A Love for Separation (小别离), and The Good Man (our translation, 好先生).

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Eva Xiao

Eva Xiao is a tech reporter based in Shanghai. Contact her at eva.xiao@technode.com or evawxiao (wechat & twitter).