Shanghai High-Flying Electronics Technology Funding, Investors & Competitors

Shanghai High-Flying Electronics Technology has raised $104M across 3 funding rounds, most recently a $100M Series B in January 2022.

Last Shanghai High-Flying Electronics Technology funding round

$100M

Series B · Jan 2022

Cumulative funding Shanghai High-Flying Electronics Technology raised

$104M

across 3 funding rounds

Key investors in Shanghai High-Flying Electronics Technology

  • Walden International
  • Haier Capital
  • Baidu Video
  • Shanghai Bright Power

Shanghai High-Flying Electronics Technology Overview

About Shanghai High-Flying Electronics Technology

Shanghai High-Flying Electronics Technology is a Shanghai-headquartered specialist in wireless communication technologies, developing system-on-chips, IoT modules, IoT devices, application software, enterprise cloud services, and mobile app terminals. The company supports IoT product transformations for industries including smart cities and metering in China.


Founded

2011

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Product sales, Subscription

Shanghai High-Flying Electronics Technology Funding History

Shanghai High-Flying Electronics Technology has raised a total of $104M across 3 funding rounds.

Shanghai High-Flying Electronics Technology's first fundraising round was a $500K angel round in July 2014. The most recent completed round was a $100M Series B in January 2022.

Shanghai High-Flying Electronics Technology funding rounds

Shanghai High-Flying Electronics Technology funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2022Series BHaier Capital; Walden International$100MShanghai High-Flying Electronics Technology Co., Ltd., founded in December 2009, is a high-tech enterprise based in Shanghai, China, specializing in wireless communication. The company designs, develops, manufactures, markets, and sells high-quality embedded Wi-Fi modules and provides total IoT solutions, including cloud servers and apps. It focuses on intelligent hardware products through advancements in edge technology.
Sep 2014Series ABaidu Video (lead)$3M-
Jul 2014AngelShanghai Bright Power$500K-

Who has invested in Shanghai High-Flying Electronics Technology?

4 investors have backed Shanghai High-Flying Electronics Technology across its funding rounds, including Walden International, Haier Capital, Baidu Video and Shanghai Bright Power.

Lead investors include Baidu Video.


Shanghai High-Flying Electronics Technology Investors

Investors in Shanghai High-Flying Electronics Technology by funding rounds participated
InvestorHQRoundsRoleFirst check
Haier CapitalChinaChina1ParticipantJan 2022
Shanghai Bright PowerChinaShanghai1ParticipantJul 2014

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Shanghai High-Flying Electronics Technology Competitors

Shanghai High-Flying Electronics Technology competitors include listed companies like Tata Communications, PTC, iFlytek and CIG Shanghai, and private ones like Verkada and Changyang Tech.

Public and private companies comparable to Shanghai High-Flying Electronics Technology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
VerkadaUnited StatesSan Francisco, CAPrivate--$5.8B-
Tata CommunicationsIndiaIndiaPublicly listed$2.6B$494M$5.3B2.4x
Changyang TechChinaBeijingPrivate$167M-$861M5.2x
PTCUnited StatesUnited StatesPublicly listed$2.7B$1.1B$15B5.8x
iFlytekChinaChinaPublicly listed$4B$465M$14B3.4x
CIG ShanghaiChinaChinaPublicly listed$719M$78M$10B7.8x

Shanghai High-Flying Electronics Technology Public Comps

Shanghai High-Flying Electronics Technology is still privately-owned, but its public comps include Samsung, Cisco, Arista Networks, Amphenol, Foxconn Industrial Internet, Eoptolink, Johnson Controls, Hewlett Packard Enterprise, Lumentum and Motorola.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Samsung$243B$67B4.4x2.4x15.8x4.4x
Cisco$63B$19B7.1x6.9x23.4x17.9x
Arista Networks$9B$3.9B26.5x20.5x60.5x41.7x
Amphenol$23B$6.9B9.0x6.5x30.0x19.8x
Foxconn Industrial Internet$135B$7.7B1.4x0.9x23.8x16.6x
Eoptolink$3.7B$1.7B23.5x12.4x52.4x26.2x
Johnson Controls$24B$3B4.0x3.7x31.0x20.0x
Hewlett Packard Enterprise$34B$2.6B2.8x2.1x36.2x11.0x

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Common questions about Shanghai High-Flying Electronics Technology

When was Shanghai High-Flying Electronics Technology founded?Shanghai High-Flying Electronics Technology was founded in 2011.
Where is Shanghai High-Flying Electronics Technology headquartered?Shanghai High-Flying Electronics Technology is headquartered in Shanghai, China.
Is Shanghai High-Flying Electronics Technology publicly listed?No, Shanghai High-Flying Electronics Technology is a private, VC-backed company.
How much funding has Shanghai High-Flying Electronics Technology raised?Shanghai High-Flying Electronics Technology has raised $104M across 3 funding rounds.
What was Shanghai High-Flying Electronics Technology's last funding round?Shanghai High-Flying Electronics Technology's last funding round was a $100M Series B in January 2022.
Who are Shanghai High-Flying Electronics Technology's investors?Shanghai High-Flying Electronics Technology's investors include Haier Capital, Shanghai Bright Power, Walden International and Baidu Video.
Which companies are comparable to Shanghai High-Flying Electronics Technology?Companies comparable to Shanghai High-Flying Electronics Technology include Verkada, Tata Communications, Changyang Tech, PTC, iFlytek and CIG Shanghai.

See companies similar to Shanghai High-Flying Electronics Technology

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