Semitech Valuation, Funding & Investors

Semitech is valued at $870M as of May 2023.

Last Semitech valuation

$870M

Series C · May 2023

Last Semitech funding round

$72M

Series C · May 2023

Cumulative funding Semitech raised

$174M

across 3 funding rounds

Key investors in Semitech

  • Skyview Fund
  • Matrix Partners China
  • Shenzhen Capital Group
  • Hillhouse Investment
  • GP Capital
  • China Internet Investment Fund

Semitech Overview

About Semitech

Semitech is a Shenzhen-based supplier of intelligent manufacturing systems for high-tech industries. It integrates automation solutions including robotic assembly lines, vision inspection systems, and MES software for semiconductor, electronics, and solar panel production. Semitech delivers turnkey factories with equipment from partners like ABB and Keyence serving clients in Asia.


Founded

2017

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Product sales, Subscription

Valuation

$870M (May 2023)

Semitech Valuation

Semitech is currently valued at $870M, based on its Series C in May 2023.

The $72M round was led by Matrix Partners China, with participation from Camel Ventures, Hangzhou Lion, Dingxin Capital, Yangtze River Delta Collaborative Advantage Industry Fund, Skyview Fund and 2 other investors.

Semitech valuation by funding round

Semitech valuation by funding round
DateStageValuation
May 2023Series C$870M

Semitech Funding History

Semitech has raised a total of $174M across 3 funding rounds.

Semitech's first fundraising round was a $16M Series A in November 2021. The most recent completed round was a $72M Series C in May 2023.

Semitech funding rounds

Semitech funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2023Series CMatrix Partners China (lead); Camel Ventures; Hangzhou Lion; Dingxin Capital; Yangtze River Delta Collaborative Advantage Industry Fund; Skyview Fund; Houxue Fund; Hefei Renfa New Energy Investment$72M$870MSemitech (also referred to as Semi-Tech) is a China-based software provider to the semiconductor industry. Matrix Partners China led its Series C funding round, raising CNY 500 million (approximately USD 72-73 million), with participation from investors including Camel Ventures, Dingxin Capital, Hangzhou Lion, Hefei Renfa New Energy Investment, Houxue Fund, Skyview Fund, and Yangtze River Delta Collaborative Advantage Industry Fund. The round occurred around May 2023 and valued the company at a post-money valuation of CNY 6 billion. Semitech operates in the semiconductor software sector, supporting industry needs amid growing investments in China's tech ecosystem. Matrix Partners China, a prominent VC firm focused on early-stage tech investments, has backed numerous semiconductor and deep tech companies. This round aligns with broader activity in China's semiconductor space.
Jun 2022Series BFTZ Fund; Hillhouse Investment; Inno-Chip; Skyview Fund; Shanghai STVC Group; BYD; China Internet Investment Fund$87M-Semitech, a semiconductor startup, raised CNY 540.0M (approximately $80.6M) in combined Series A++ and Series B funding rounds in June 2022. The investors matched exactly: China Internet Investment Fund, BYD Group, Inno-Chip, Shanghai STVC Group, Shanghai Free Trade Zone Fund (FTZ Fund), and Skyview Fund. This round was part of broader semiconductor startup funding activity tracked that month, which included 112 companies raising over $2.6B total, with focus areas like analog foundries and EDA investments. The company appears to operate in the Chinese semiconductor ecosystem, given the investor base and funding currency.
Nov 2021Series AGP Capital; Shenzhen Capital Group$16M--

Who has invested in Semitech?

16 investors have backed Semitech across its funding rounds, including Skyview Fund, Matrix Partners China, Shenzhen Capital Group, Hillhouse Investment, GP Capital and China Internet Investment Fund.

Lead investors include Matrix Partners China.


Semitech Investors

Investors in Semitech by funding rounds participated
InvestorHQRoundsRoleFirst check
Skyview FundChinaBeijing2ParticipantJun 2022
Matrix Partners ChinaChinaBeijing1LeadMay 2023
FTZ FundChinaShanghai1ParticipantJun 2022
GP CapitalChinaShanghai1ParticipantNov 2021
Camel VenturesEgyptCairo1ParticipantMay 2023
Hangzhou LionChinaHangzhou1ParticipantMay 2023
Dingxin CapitalChinaChina1ParticipantMay 2023
Hillhouse InvestmentSingaporeSingapore1ParticipantJun 2022
Yangtze River Delta Collaborative Advantage Industry FundChinaShanghai1ParticipantMay 2023
Inno-ChipChinaShanghai1ParticipantJun 2022
Shenzhen Capital GroupChinaShenzhen1ParticipantNov 2021
Shanghai STVC GroupChinaShanghai1ParticipantJun 2022
BYDChinaShenzhen1ParticipantJun 2022

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Semitech Competitors

Semitech competitors include listed companies like Harbin Boshi Automation and GuoChuang Software, and private ones like Vecna Robotics, Kingsware, VisionNav Robotics and Seegrid.

Public and private companies comparable to Semitech
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Vecna RoboticsUnited StatesBoston, MAPrivate--$900M-
KingswareChinaZhuhaiPrivate--$502M-
VisionNav RoboticsUnited StatesAtlanta, GAPrivate$31M-$500M16.1x
Harbin Boshi AutomationChinaChinaPublicly listed$422M$106M$1.7B3.5x
SeegridUnited StatesPittsburgh, PAPrivate--$400M-
GuoChuang SoftwareChinaChinaPublicly listed$220M($17M)$960M-

Semitech Public Comps

Semitech is still privately-owned, but its public comps include Mesnac, Shenzhen Tianyuan Dic, PSI Software, Intelbras, GuoChuang Software, Qt Group, Kodiak AI, Huayan Robotics, Breton Technology and SGSG Science & Technology.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Mesnac$1.2B$128M0.4x-4.0x-
Shenzhen Tianyuan Dic$1.4B$42M0.9x-28.6x-
PSI Software$329M($7M)2.6x2.5x(127.4x)51.0x
Intelbras$867M$131M1.0x1.0x6.5x7.1x
GuoChuang Software$220M($17M)4.8x-(60.4x)-
Qt Group$249M$62M4.3x3.9x17.3x16.0x
Kodiak AI$4M($577M)233.9x98.7x(1.5x)(6.6x)
Huayan Robotics$58M($4M)12.8x9.5x(184.5x)(3194.4x)

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Common questions about Semitech

When was Semitech founded?Semitech was founded in 2017.
Where is Semitech headquartered?Semitech is headquartered in Shanghai, China.
Is Semitech publicly listed?No, Semitech is a private, VC-backed company.
What is Semitech's valuation?Semitech was last valued at $870M in its Series C in May 2023.
How much funding has Semitech raised?Semitech has raised $174M across 3 funding rounds.
What was Semitech's last funding round?Semitech's last funding round was a $72M Series C in May 2023, led by Matrix Partners China.
Who are Semitech's investors?Semitech's investors include Skyview Fund, Matrix Partners China, FTZ Fund, GP Capital, Camel Ventures, Hangzhou Lion, Dingxin Capital, Hillhouse Investment, Yangtze River Delta Collaborative Advantage Industry Fund, Inno-Chip and 6 others.
Which companies are comparable to Semitech?Companies comparable to Semitech include Vecna Robotics, Kingsware, VisionNav Robotics, Harbin Boshi Automation, Seegrid and GuoChuang Software.

See companies similar to Semitech

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