Hejian Funding, Investors & Competitors

Hejian has raised $568M across 3 funding rounds, most recently a $137M Series A in January 2025.

Last Hejian funding round

$137M

Series A · Jan 2025

Cumulative funding Hejian raised

$568M

across 3 funding rounds

Key investors in Hejian

  • Summitview Capital
  • Mulan Investment
  • IDG Capital
  • HSG
  • Shenzhen Capital Group
  • China Internet Investment Fund
  • CAS Investment Management
  • Pudong Chuangtou

Hejian Overview

About Hejian

Hejian Industrial Software is a Chinese EDA provider delivering high-performance tools for semiconductor chip design and verification processes.


Founded

2020

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Licensing, Subscription

Hejian Funding History

Hejian has raised a total of $568M across 3 funding rounds.

Hejian's first fundraising round was a $266M seed round in November 2021. The most recent completed round was a $137M Series A in January 2025.

Hejian funding rounds

Hejian funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2025Series APudong Chuangtou (lead)$137M-
Jun 2022SeedGuolian Group; Guangzhou Automobile Group; Summitview Capital; Shang Qi Capital; IDG Capital; Feixiang Capital; Mulan Investment; CAS Investment Management$164MUniVista Industrial Software Group, also known as Hejian Industrial Software, raised CNY 1.1B (approximately $164.3M) in pre-Series A funding in June 2022. The company was founded in 2018 and was based in China. The round was led by investors including IDG Capital, CAS Investment Management, China Automotive Chips Alliance, Feixiang Capital, SAIC Capital, GAC Capital, SummitView Capital, and Mulan Investment. Funds from the round were designated for construction of facilities, equipment procurement, research and development, and marketing activities.
Nov 2021SeedChina Integrated Circuit Industry Investment Fund (CICF); Summitview Capital; Chengdu Zhuosheng Microelectronics; Mulan Investment; Wingtech; Inno-Chip; Shenzhen Capital Group; China Internet Investment Fund; Shanghai Hanmai; HSG; Huaqin Technology$266MHejian Technology Corporation (also known as Hejian Chip) is a Chinese semiconductor foundry company founded in 2001, specializing in automotive, consumer, and industrial chips from 0.5 micron to 110 nanometer processes, with operations in Suzhou Industrial Park employing around 2,000 workers. In 2006, it reported US$239 million in revenue, ranking as China's third-largest foundry and ninth globally, with major customers including MediaTek and Tsinghua Unigroup in later years. The company planned a multi-site expansion starting with a $1 billion-plus facility in Suzhou capable of over 60,000 200mm wafers monthly. Later developments include United Microelectronics' announcements on acquiring stakes in related entities like United Semiconductor (Xiamen) involving Hejian Technology (Suzhou), with transactions totaling RMB 4.858 billion (approx. NTD 21.5 billion) structured over three years.

Who has invested in Hejian?

18 investors have backed Hejian across its funding rounds, including Summitview Capital, Mulan Investment, IDG Capital, HSG, Shenzhen Capital Group and China Internet Investment Fund.

Lead investors include Pudong Chuangtou.


Hejian Investors

Investors in Hejian by funding rounds participated
InvestorHQRoundsRoleFirst check
Summitview CapitalChinaBeijing2ParticipantNov 2021
Mulan InvestmentChinaBeijing2ParticipantNov 2021
China Integrated Circuit Industry Investment Fund (CICF)ChinaBeijing1ParticipantNov 2021
Guolian GroupChinaWuxi1ParticipantJun 2022
Guangzhou Automobile GroupChinaGuangzhou1ParticipantJun 2022
Shang Qi CapitalChinaChina1ParticipantJun 2022
IDG CapitalChinaBeijing1ParticipantJun 2022
Chengdu Zhuosheng MicroelectronicsChinaZhucheng1ParticipantNov 2021
Feixiang CapitalChinaChina1ParticipantJun 2022
WingtechChinaShanghai1ParticipantNov 2021
CAS Investment ManagementChinaBeijing1ParticipantJun 2022
Inno-ChipChinaShanghai1ParticipantNov 2021
Shenzhen Capital GroupChinaShenzhen1ParticipantNov 2021

This data is available for Pro users. Sign up to see all 18 Hejian 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 Trial

Hejian Competitors

Hejian competitors include listed companies like Cadence Design Systems, Autodesk, Dassault Systemes and PTC, and private ones like Vention and aPriori Technologies.

Public and private companies comparable to Hejian
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
VentionCanadaMontrealPrivate$73M-$1.2B16.4x
aPriori TechnologiesUnited StatesBoston, MAPrivate--$280M-
Cadence Design SystemsUnited StatesUnited StatesPublicly listed$5.3B$1.8B$77B13.0x
AutodeskUnited StatesUnited StatesPublicly listed$7.2B$1.8B$46B5.7x
Dassault SystemesFranceFrancePublicly listed$7.2B$2.2B$32B4.0x
PTCUnited StatesUnited StatesPublicly listed$2.7B$1.1B$15B5.8x

Hejian Public Comps

Hejian is still privately-owned, but its public comps include Adobe, Cadence Design Systems, Synopsys, Autodesk, Constellation Software, Dassault Systemes, Hexagon, Snap-on, Unity and PTC.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Adobe$24B$9.3B4.3x3.9x10.9x8.2x
Cadence Design Systems$5.3B$1.8B14.8x13.0x44.3x27.3x
Synopsys$7.1B$2.2B11.4x8.5x36.1x20.7x
Autodesk$7.2B$1.8B6.3x5.7x25.6x14.1x
Constellation Software$12B$2.5B4.0x3.5x18.5x12.9x
Dassault Systemes$7.2B$2.2B4.0x4.0x13.2x11.2x
Hexagon$6.2B$1.7B4.2x5.0x15.2x14.0x
Snap-on$5.2B$1.4B3.7x3.9x13.2x13.0x

This data is available for Pro users. Sign up to see all Hejian competitors and their valuation data.

Start Free Trial

Common questions about Hejian

When was Hejian founded?Hejian was founded in 2020.
Where is Hejian headquartered?Hejian is headquartered in Shanghai, China.
Is Hejian publicly listed?No, Hejian is a private, VC-backed company.
How much funding has Hejian raised?Hejian has raised $568M across 3 funding rounds.
What was Hejian's last funding round?Hejian's last funding round was a $137M Series A in January 2025, led by Pudong Chuangtou.
Who are Hejian's investors?Hejian's investors include Summitview Capital, Mulan Investment, China Integrated Circuit Industry Investment Fund (CICF), Guolian Group, Guangzhou Automobile Group, Shang Qi Capital, IDG Capital, Chengdu Zhuosheng Microelectronics, Feixiang Capital, Wingtech and 8 others.
Which companies are comparable to Hejian?Companies comparable to Hejian include Vention, aPriori Technologies, Cadence Design Systems, Autodesk, Dassault Systemes and PTC.

See companies similar to Hejian

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial