- Companies
- MINO
MINO Funding, Investors & Competitors
MINO has raised $141M across 3 funding rounds, most recently a $90M undisclosed-stage round in June 2022.
Last MINO funding round
$90M
Undisclosed stage · Jun 2022
Cumulative funding MINO raised
$141M
across 3 funding rounds
Key investors in MINO
Fortune Venture Capital
China Internet Investment Fund
BAIC Capital
SAIC Capital
GAC Capital
China Mobile Innovation Industry Fund
Sinvo Group
About MINO
MINO is a Suzhou-headquartered provider of intelligent manufacturing lines and IIoT platforms for automotive assembly, battery production, and machinery sectors. The company installs welding robots and vision systems for clients like SAIC Motor and CATL in China, Germany, Mexico, and South Africa. Founded in 2002, it processes petabyte-scale data from 10,000 connected devices across 50 factories.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Services, Subscription
MINO Funding History
MINO has raised a total of $141M across 3 funding rounds.
MINO's first fundraising round was a $20M Series B in October 2014. The most recent completed round was a $90M undisclosed-stage round in June 2022.
MINO funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Jun 2022 | Undisclosed stage | China Mobile Innovation Industry Fund; China Internet Investment Fund | $90M |
| Aug 2015 | Series C | BAIC Capital; SAIC Capital; GAC Capital | $32M |
| Oct 2014 | Series B | Sinvo Group; Fortune Venture Capital | $20M |
Who has invested in MINO?
7 investors have backed MINO across its funding rounds, including Fortune Venture Capital, China Internet Investment Fund, BAIC Capital, SAIC Capital, GAC Capital and China Mobile Innovation Industry Fund.
MINO Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Oct 2014 | ||
| 1 | Participant | Aug 2015 | ||
| 1 | Participant | Aug 2015 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Aug 2015 | ||
This data is available for Pro users. Sign up to see all 7 MINO 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 TrialMINO Competitors
MINO competitors include listed companies like PTC, EquipmentShare.com and Autodesk, and private ones like NEURA Robotics, Relativity Space and Certus Core.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $2.7B | $1.1B | $15B | 5.8x | ||
| Publicly listed | $4.4B | $704M | $4.6B | 1.8x | ||
| Private | - | - | $7B | - | ||
| Private | - | - | $4.2B | - | ||
| Private | - | - | $3.4B | - | ||
| Publicly listed | $7.2B | $1.8B | $46B | 5.7x |
MINO Public Comps
MINO is still privately-owned, but its public comps include CrowdStrike, SAP, Salesforce, ServiceNow, Snowflake, Adobe, Johnson Controls, Datadog, Moody's and Cadence Design Systems.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $24B | $9.3B | 4.3x | 3.9x | 10.9x | 8.2x | |||
| $24B | $3B | 4.0x | 3.7x | 31.0x | 20.0x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
This data is available for Pro users. Sign up to see all MINO competitors and their valuation data. Start Free Trial | ||||||||
Common questions about MINO
| When was MINO founded? | MINO was founded in 2008. |
| Where is MINO headquartered? | MINO is headquartered in Guangzhou, China. |
| Is MINO publicly listed? | No, MINO is a private, VC-backed company. |
| How much funding has MINO raised? | MINO has raised $141M across 3 funding rounds. |
| What was MINO's last funding round? | MINO's last funding round was a $90M undisclosed-stage round in June 2022. |
| Who are MINO's investors? | MINO's investors include Sinvo Group, BAIC Capital, SAIC Capital, China Mobile Innovation Industry Fund, GAC Capital, Fortune Venture Capital and China Internet Investment Fund. |
| Which companies are comparable to MINO? | Companies comparable to MINO include PTC, EquipmentShare.com, NEURA Robotics, Relativity Space, Certus Core and Autodesk. |
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