A startup that claims to have created a new way to print documents on the web has raised $1.5 million in a funding round led by Chinese e-commerce giant Alibaba.
The $1 million seed round, led by the Chinese tech company Tencent, brings the total funding raised by the company to $8.5 billion, according to data from Crunchbase.
Silk screen printing, which was first used by Microsoft in 2013, uses a special type of screen printed on fabric to produce textured, durable and durable printed text on a computer screen.
The printer can print text that looks like a computer monitor with an indented line between the two, making it difficult to tell apart the two.
It can also produce high quality, high-resolution images with the added benefit of printing on fabric.
The startup was originally focused on developing and testing a technology that would use silk screens to print printed text, but has expanded into developing a printer that can print on silk screens.
Tencent is the largest Chinese company with a market capitalization of $46.8 billion.
The company was also a pioneer in creating an app that allows people to print digital copies of documents, and it was part of the original “I am a Computer” campaign.