- Companies
- Chipone Technology
Chipone Technology Revenue, Valuation, Funding & Investors
Chipone Technology is valued at $4.7B as of December 2021, a 28.3x multiple on its last reported $166M revenue.
Last Chipone Technology valuation
$4.7B
Series E · Dec 2021
Last Chipone Technology funding round
$1B
Series E · Dec 2021
Chipone Technology revenue
$166M
Series E · Dec 2021
Key investors in Chipone Technology
GGV Capital
Oriza Holdings
CPE
Oceanpine Capital
Prosperity Investment
CCB Capital
About Chipone Technology
Chipone Technology is a display chip design company headquartered in Beijing, China, producing TDDI, LDDI, OLED drivers, power management, LED drivers, timing controllers, fingerprint sensors, and touch controllers. The firm supplies major global panel makers like BOE and Tianma, as well as mobile brands including Huawei and Oppo, and LED display manufacturers. Established in 2007, Chipone North America supports international expansion with products for smartphones, TVs, laptops, and automotive displays.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Revenue
$166M (Dec 2021)
Valuation
$4.7B (Dec 2021)
Sectors
Chipone Technology Valuation
Chipone Technology is currently valued at $4.7B, based on its Series E in December 2021.
The $1B round was led by Oceanpine Capital, with participation from CPE, Prosperity Investment, Silk Road Huachuang, CCB Capital, Vivo Communication Technology and 2 other investors.
Chipone Technology valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Dec 2021 | Series E | $4.7B | 28.3x |
Chipone Technology Revenue
Chipone Technology's latest recorded revenue is $166M, as of its Series E in December 2021. At a $4.7B valuation, that implies a 28.3x revenue multiple.
Chipone Technology revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Dec 2021 | $166M | $4.7B | 28.3x | Series E |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Chipone Technology Funding History
Chipone Technology has raised a total of $1B across 1 funding round.
Chipone Technology funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2021 | Series E | Oceanpine Capital (lead); CPE; Prosperity Investment; Silk Road Huachuang; CCB Capital; Vivo Communication Technology; GGV Capital; Oriza Holdings | $1B | $4.7B | Chipone Technology is a Shanghai-based chip designer founded in 2011 that develops semiconductor solutions for electronic display panels, serving smartphone makers, display panel manufacturers, and LED display companies globally, with operations in both China and the United States. On December 16, 2021, the company closed a Series E financing round raising over 6.5 billion yuan ($1.024 billion USD) led by Oceanpine Capital, with participation from Vivo, Unic Capital Management, CCB Private Equity Investment Management, GGV Capital, and other institutional investors including returning shareholders such as CITIC Private Equity, Beijing Singularity Power Investment Management, and Silk Road Huachuang Investment Management. The round valued Chipone at over 30 billion yuan ($4.7 billion USD), reflecting strong investor confidence in the Chinese semiconductor sector during a period of significant deal activity in chipmaking startups. |
Who has invested in Chipone Technology?
8 investors have backed Chipone Technology across its funding rounds, including GGV Capital, Oriza Holdings, CPE, Oceanpine Capital, Prosperity Investment and CCB Capital.
Lead investors include Oceanpine Capital.
Chipone Technology Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
This data is available for Pro users. Sign up to see all 8 Chipone Technology investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Chipone Technology
Chipone Technology has acquired 1 company to date.
Last acquisition by Chipone Technology was on June 2nd 2016. Chipone Technology acquired iML for $145M.
Latest Acquisitions by Chipone Technology
| Description | iML is a fabless semiconductor designer based in Hsinchu, Taiwan, specializing in analog and mixed-signal ICs for flat panel displays and mobile devices. The company supplies power management chips for large TFT-LCD panels and display drivers for smartphones, partnering with foundries like TSMC and UMC. iML ships high-volume solutions to OEMs such as Samsung Display and LG Display, while sampling components for OLED mobile systems. Established design IP in system interfaces bolsters its portfolio in power-efficient circuits for consumer electronics markets. |
| HQ Country | |
| HQ City | San Jose, CA |
| Deal Date | 2 Jun 2016 |
| Valuation | $145M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Chipone Technology acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Chipone Technology
Chipone Technology has invested in 1 company to date.
Latest investment by Chipone Technology was on February 14th 2022. Chipone Technology invested in Smart Logic in their $100M Series C round.
Latest Investments by Chipone Technology
| Description | Smart Logic is a semiconductor intellectual property provider based in China, developing chip designs for cloud computing, data centers, AI accelerators, and mobile communications. The company holds over 120 invention patents and 20 international patents, including technologies presented at the HPCA conference. Its IP cores support high-performance interconnects and processors deployed in servers from Huawei and Alibaba Cloud infrastructure. |
| HQ Country | |
| HQ City | Beijing |
| Deal Date | 14 Feb 2022 |
| Round | Series C |
| Raised | $100M |
| Investors | Grand Flight Investment; CICC; Yuanyi Investment Partnership |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Chipone Technology investments and their VC round multiples. Start Free Trial | |
Chipone Technology Competitors
Chipone Technology competitors include listed companies like AP Memory Technology, Vishay, Macnica Holdings and Guangzhou Shiyuan, and private ones like Ayar Labs and Source Foundry.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $178M | $40M | $4.7B | 15.6x | ||
| Publicly listed | $3.1B | $276M | $4.9B | 1.3x | ||
| Publicly listed | $7.8B | $291M | $4.5B | 0.6x | ||
| Publicly listed | $3.6B | $215M | $4.9B | 1.2x | ||
| Private | - | - | $5B | - | ||
| Private | - | - | $5B | - |
Chipone Technology Public Comps
Chipone Technology is still privately-owned, but its public comps include AP Memory Technology, ACM Research, Epiworld International, Macnica Holdings, Vishay, Guangzhou Shiyuan, Chipbond Tech, Ferrotec Group, AXT and All Winner Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $178M | $40M | 24.4x | 15.6x | 109.0x | 51.6x | |||
| $901M | $144M | 4.6x | 3.8x | 29.0x | 23.1x | |||
| $114M | ($3M) | 39.5x | - | (1762.0x) | - | |||
| $7.8B | $291M | 0.6x | 0.6x | 16.8x | 13.7x | |||
| $3.1B | $276M | 1.5x | 1.3x | 17.0x | 11.6x | |||
| $3.6B | $215M | 1.5x | 1.2x | 24.8x | 14.5x | |||
| $673M | $195M | 7.0x | 6.2x | 24.3x | 21.2x | |||
| $427M | $111M | 11.1x | - | 43.0x | - | |||
This data is available for Pro users. Sign up to see all Chipone Technology competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Chipone Technology
| When was Chipone Technology founded? | Chipone Technology was founded in 2008. |
| Where is Chipone Technology headquartered? | Chipone Technology is headquartered in Beijing, China. |
| Is Chipone Technology publicly listed? | No, Chipone Technology is a private, VC-backed company. |
| What is Chipone Technology's valuation? | Chipone Technology was last valued at $4.7B in its Series E in December 2021. |
| How much funding has Chipone Technology raised? | Chipone Technology has raised $1B across 1 funding round. |
| What was Chipone Technology's last funding round? | Chipone Technology's last funding round was a $1B Series E in December 2021, led by Oceanpine Capital. |
| Who are Chipone Technology's investors? | Chipone Technology's investors include CPE, Prosperity Investment, Silk Road Huachuang, CCB Capital, Vivo Communication Technology, GGV Capital, Oceanpine Capital and Oriza Holdings. |
| What is Chipone Technology's revenue? | Chipone Technology's latest recorded revenue is $166M (December 2021). |
| What is Chipone Technology's revenue multiple? | Chipone Technology's latest valuation implies a 28.3x revenue multiple ($4.7B valuation on $166M of revenue). |
| Which companies are comparable to Chipone Technology? | Companies comparable to Chipone Technology include AP Memory Technology, Vishay, Macnica Holdings, Guangzhou Shiyuan, Ayar Labs and Source Foundry. |
| How many companies has Chipone Technology acquired? | Chipone Technology has acquired 1 company, including iML. |
| What was the largest acquisition by Chipone Technology? | The $145M acquisition of iML in June 2016 is the largest acquisition Chipone Technology has made to date. |
| How many companies has Chipone Technology invested in? | Chipone Technology has invested in 1 company, including Smart Logic. |
| What was Chipone Technology's last investment? | In February 2022, Chipone Technology invested in Smart Logic's $100M Series C alongside Grand Flight Investment, CICC and Yuanyi Investment Partnership. |
See companies similar to Chipone Technology
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




