On August 16, 2018, Lei Shi Technology, the leader of full-scene music interactive entertainment, officially announced the completion of nearly RMB 200 million in Series B financing. Zhongmin Investment is the lead investor in this round of financing, the founder of the company, Chenxing Capital and Beijing Yuemi. Huaxing Capital is the exclusive financial advisor for this round of financing.
At present, Lei Shi Technology mainly has three major business segments: commercial KTV, home KTV and mini KTV: Since 2012, Lei Shi Technology has taken the lead in launching a new "post-90 song system" and "cloud music library" to gradually complete the Internet upgrade and transformation of the traditional KTV industry. Open up the B and C terminals and accumulate multiple data of KTV operations and user consumption; At the same time, the introduction of home KTV entertainment products "Leike" and joy karaoke, implanted K song products on multiple platforms, the user scale has reached tens of millions, fully enter the multi-scenario entertainment service "Leishi 2.0" era.
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