- Companies
- DeePoon
DeePoon Valuation, Funding & Investors
DeePoon is valued at $830M as of January 2016.
Last DeePoon valuation
$830M
Series B · Jan 2016
Last DeePoon funding round
$15M
Series A · Mar 2023
Cumulative funding DeePoon raised
$45M
across 2 funding rounds
Key investors in DeePoon
SkyChee Ventures
Kingnet Network
Xunlei
Qingdao Cultural Investment Capital
Qingdao Microelectronics Innovation Capital
About DeePoon
DeePoon is a developer of VR head-mounted devices and content supporting PC and mobile platforms. Products include Virglass and E series helmets with AMOLED displays. The Shenzhen-based company operates 3Dbobo distribution platform.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$830M (Jan 2016)
Sectors
DeePoon Valuation
DeePoon is currently valued at $830M, based on its Series B in January 2016.
The $30M round was led by Xunlei, with participation from Kingnet Network.
DeePoon valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2016 | Series B | $830M |
DeePoon Funding History
DeePoon has raised a total of $45M across 2 funding rounds.
DeePoon's first fundraising round was a $30M Series B in January 2016. The most recent completed round was a $15M Series A in March 2023.
DeePoon funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2023 | Series A | Qingdao Microelectronics Innovation Capital (lead); Qingdao Cultural Investment Capital; SkyChee Ventures | $15M | - | - |
| Jan 2016 | Series B | Xunlei (lead); Kingnet Network | $30M | $830M | DeePoon is a VR head-mounted display provider that completed a Series B funding round in January 2016. The round raised USD 30 million and was led by Xunlei Ltd., with co-investment from Kaiying Network Technology Co. and Kingnet. The company achieved a post-money valuation of USD 830 million following this round. |
Who has invested in DeePoon?
5 investors have backed DeePoon across its funding rounds, including SkyChee Ventures, Kingnet Network, Xunlei, Qingdao Cultural Investment Capital and Qingdao Microelectronics Innovation Capital.
Lead investors include Qingdao Microelectronics Innovation Capital and Xunlei.
DeePoon Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Mar 2023 | ||
| 1 | Participant | Mar 2023 | ||
| 1 | Lead | Mar 2023 | ||
This data is available for Pro users. Sign up to see all 5 DeePoon 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 TrialDeePoon Competitors
DeePoon competitors include listed companies like HTC and Sun Corp., and private ones like Xreal, DigiLens, WayRay and Pimax VR.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Publicly listed | $91M | $22M | $1B | 6.9x | ||
| Private | - | - | $530M | - | ||
| Private | - | - | $500M | - | ||
| Publicly listed | $64M | - | $1.4B | 22.2x | ||
| Private | - | - | $380M | - |
DeePoon Public Comps
DeePoon is still privately-owned, but its public comps include EIZO, Eureka Forbes, Shenzhen Rapoo Technology, Kopin, Guangzhou Pearl River, Basler, Bear Electric Appliance, Quest Holdings, Skyworth Group and Funai Soken Holdings.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $523M | $90M | 1.4x | 1.3x | 8.0x | 16.2x | |||
| $281M | $29M | 2.7x | 2.5x | 25.7x | 20.5x | |||
| $68M | $1M | 12.2x | - | 569.6x | - | |||
| $38M | $3M | 22.2x | 15.6x | 338.7x | (97.7x) | |||
| $85M | ($43M) | 10.0x | - | (19.8x) | - | |||
| $255M | $40M | 3.0x | 2.5x | 19.2x | 13.0x | |||
| $780M | $102M | 0.6x | 0.6x | 4.6x | 5.0x | |||
| $1.7B | $113M | 0.6x | 0.5x | 8.3x | 7.8x | |||
This data is available for Pro users. Sign up to see all DeePoon competitors and their valuation data. Start Free Trial | ||||||||
Common questions about DeePoon
| When was DeePoon founded? | DeePoon was founded in 2014. |
| Where is DeePoon headquartered? | DeePoon is headquartered in Shanghai, China. |
| Is DeePoon publicly listed? | No, DeePoon is a private, VC-backed company. |
| What is DeePoon's valuation? | DeePoon was last valued at $830M in its Series B in January 2016. |
| How much funding has DeePoon raised? | DeePoon has raised $45M across 2 funding rounds. |
| What was DeePoon's last funding round? | DeePoon's last funding round was a $15M Series A in March 2023, led by Qingdao Microelectronics Innovation Capital. |
| Who are DeePoon's investors? | DeePoon's investors include Qingdao Cultural Investment Capital, SkyChee Ventures, Qingdao Microelectronics Innovation Capital, Xunlei and Kingnet Network. |
| Which companies are comparable to DeePoon? | Companies comparable to DeePoon include Xreal, HTC, DigiLens, WayRay, Sun Corp. and Pimax VR. |
See companies similar to DeePoon
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