a couple of laughzillas on a blue diamond background

Light Chaser
Gary Wang, the founder of top Chinese video website Tudou which was merged with rival Youku in a $1 billion deal, started an animation studio last year that was billed as a contender for the Chinese equivalent of Disney’s Pixar. Today, Light Chaser announced that it has closed a $20 million Series B round of funding led by GGV Capital and Chengwei Capital. The company aims to produce “world-class animated films with a Chinese cultural touch” — but we can only gauge how successful it will be in July 2015, which is when its first 3D animation is scheduled to be completed….

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