37 Interactive Entertainment (002555.SZ) Plans to Invest Up to $2M in Lighthouse Founders’ Fund L.P. for AI and Tech Sectors

Stock News12-10

37 Interactive Entertainment Network Technology Group Co., Ltd. (002555.SZ) announced that its wholly-owned subsidiary, 37 Starseek Co., Limited ("37 Starseek"), intends to participate in the investment of Lighthouse Founders’ Fund L.P. and has recently signed the relevant subscription agreement.

The total targeted size of Lighthouse Founders’ Fund L.P. is expected not to exceed $80 million. 37 Starseek, as a limited partner, plans to contribute up to $2 million in self-owned funds. The general partner, Lighthouse Founders’ Fund GP Ltd., along with its affiliates, will invest no less than 2% of the total committed capital using their own funds.

If the fund's final size reaches $80 million and 37 Starseek invests the full $2 million, the subsidiary’s contribution would account for approximately 2.5% of the fund’s total capital.

Lighthouse Founders’ Fund L.P. will focus on investing in high-potential companies within AI and related broad technology sectors. This move aligns with 37 Interactive Entertainment’s strategic expansion into cutting-edge technology to enhance synergies with its core business and achieve capital appreciation.

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