Hua Kong TsingJiao Funding, Investors & Competitors

Hua Kong TsingJiao has raised $108M across 2 funding rounds, most recently a $30M Series B in July 2022.

Last Hua Kong TsingJiao funding round

$30M

Series B · Jul 2022

Cumulative funding Hua Kong TsingJiao raised

$108M

across 2 funding rounds

Key investors in Hua Kong TsingJiao

  • Lenovo Capital and Incubator Group (LCIG)
  • CICC
  • Galaxy Capital
  • Fosun Capital
  • Greater Bay Area Homeland Development Fund
  • China Prosperity Capital
  • Ultrabuttonwood Capital
  • Oppo

Hua Kong TsingJiao Overview

About Hua Kong TsingJiao

Hua Kong TsingJiao is a Beijing-based IT firm founded in 2018 in Haidian District. It develops secure multi-party computation platforms compatible with NumPy and PyTorch libraries for ciphertext-based general computing. The technology supports privacy-preserving AI training and inference for financial institutions and government agencies handling sensitive datasets.


Founded

2018

HQ

ChinaBeijing

Website

tsingj.com

Status

Privately held

Customer focus

B2B & B2G

Revenue model

Licensing, Subscription

Hua Kong TsingJiao Funding History

Hua Kong TsingJiao has raised a total of $108M across 2 funding rounds.

Hua Kong TsingJiao's first fundraising round was a $78M Series B in October 2021. The most recent completed round was a $30M Series B in July 2022.

Hua Kong TsingJiao funding rounds

Hua Kong TsingJiao funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2022Series BGalaxy Capital; Greater Bay Area Homeland Development Fund; Ultrabuttonwood Capital; Guoke Zhengdao Investment; Fosun Capital; China Prosperity Capital$30M-
Oct 2021Series BOppo; Puxin Capital; Xunce Technology; CICC; Lenovo Capital and Incubator Group (LCIG)$78MHua Kong TsingJiao (also referred to as Huakong TsingJiao) raised $78 million in a funding round from investors including CICC, Lenovo Capital and Incubator Group (LCIG), Oppo, Puxin Capital, and Shenzhen Xunce Technology around October 13, 2021. The company develops a cybersecurity platform focused on ensuring data safety.

Who has invested in Hua Kong TsingJiao?

11 investors have backed Hua Kong TsingJiao across its funding rounds, including Lenovo Capital and Incubator Group (LCIG), CICC, Galaxy Capital, Fosun Capital, Greater Bay Area Homeland Development Fund and China Prosperity Capital.


Hua Kong TsingJiao Investors

Investors in Hua Kong TsingJiao by funding rounds participated
InvestorHQRoundsRoleFirst check
Galaxy CapitalChinaShenzhen1ParticipantJul 2022
Greater Bay Area Homeland Development FundHong KongHong Kong1ParticipantJul 2022
Ultrabuttonwood CapitalChinaBeijing1ParticipantJul 2022
OppoChinaCangzhou1ParticipantOct 2021
Puxin CapitalChinaShanghai1ParticipantOct 2021
Xunce TechnologyChinaShenzhen1ParticipantOct 2021
CICCChinaBeijing1ParticipantOct 2021
Lenovo Capital and Incubator Group (LCIG)ChinaBeijing1ParticipantOct 2021
Guoke Zhengdao InvestmentChinaBeijing1ParticipantJul 2022

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Hua Kong TsingJiao Competitors

Hua Kong TsingJiao competitors include listed companies like Snowflake, TRS Information Technology and Airship AI, and private ones like Dataiku, Origin Quantum and Certus Core.

Public and private companies comparable to Hua Kong TsingJiao
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$119B21.0x
DataikuUnited StatesNew York City, NYPrivate$150M-$3.7B24.7x
Origin QuantumChinaHefeiPrivate--$3.5B-
Certus CoreUnited StatesTampa, FLPrivate--$3.4B-
TRS Information TechnologyChinaChinaPublicly listed$76M($20M)$1.7B19.7x
Airship AIUnited StatesUnited StatesPublicly listed$15M($5M)$67M3.6x

Hua Kong TsingJiao Public Comps

Hua Kong TsingJiao is still privately-owned, but its public comps include Oracle, Palantir, Snowflake, Datadog, Z.ai, MongoDB, Nutanix, IonQ, Dynatrace and MiniMax Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Oracle$67B$33B8.6x7.8x17.7x13.9x
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Z.ai$108M($658M)422.9x65.9x(69.4x)(73.0x)
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x
Nutanix$2.5B$230M7.1x6.2x78.4x23.8x
IonQ$130M($531M)109.9x40.3x(26.9x)(39.1x)

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Common questions about Hua Kong TsingJiao

When was Hua Kong TsingJiao founded?Hua Kong TsingJiao was founded in 2018.
Where is Hua Kong TsingJiao headquartered?Hua Kong TsingJiao is headquartered in Beijing, China.
Is Hua Kong TsingJiao publicly listed?No, Hua Kong TsingJiao is a private, VC-backed company.
How much funding has Hua Kong TsingJiao raised?Hua Kong TsingJiao has raised $108M across 2 funding rounds.
What was Hua Kong TsingJiao's last funding round?Hua Kong TsingJiao's last funding round was a $30M Series B in July 2022.
Who are Hua Kong TsingJiao's investors?Hua Kong TsingJiao's investors include Galaxy Capital, Greater Bay Area Homeland Development Fund, Ultrabuttonwood Capital, Oppo, Puxin Capital, Xunce Technology, CICC, Lenovo Capital and Incubator Group (LCIG), Guoke Zhengdao Investment, Fosun Capital and 1 other.
Which companies are comparable to Hua Kong TsingJiao?Companies comparable to Hua Kong TsingJiao include Snowflake, Dataiku, Origin Quantum, Certus Core, TRS Information Technology and Airship AI.

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