Sixents Technology Funding, Investors & Competitors

Sixents Technology has raised $119M across 4 funding rounds, most recently a $98M Series B in February 2022.

Last Sixents Technology funding round

$98M

Series B · Feb 2022

Cumulative funding Sixents Technology raised

$119M

across 4 funding rounds

Key investors in Sixents Technology

Sixents Technology Overview

About Sixents Technology

Sixents Technology is a Shenzhen-based supplier of high-precision GNSS positioning modules and RTK systems. Its products achieve centimeter-level accuracy for surveying, agriculture, and autonomous vehicles, supporting GPS, BeiDou, and Galileo constellations. The company ships over 100,000 units annually to clients in Asia and exports to Europe. Sixents develops SDKs for integration into drones and machinery, with headquarters spanning 5,000 square meters.


Founded

2018

HQ

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Sixents Technology Funding History

Sixents Technology has raised a total of $119M across 4 funding rounds.

Sixents Technology's first fundraising round was a $500K angel round in March 2018. The most recent completed round was a $98M Series B in February 2022.

Sixents Technology funding rounds

Sixents Technology funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2022Series BYufu Capital; Yuanhe Chongyuan; Haihe Yunbai; CITIC; HuaKong Equity Investment; Xin Ding Capital; Hongsong IOT; CDH Investments; Shenzhen Pagoda; Yinhua Capital; Tus-Yulin$98MSixents Technology is a Beijing-based company specializing in high-precision positioning solutions, GNSS receivers, and air-ground coordination technologies, particularly for the low-altitude economy, drones, and smart applications like autonomous driving and logistics. It is a subsidiary of NavInfo and offers products including self-developed GNSS receivers, dual-receiver redundancy systems, map matching, cloud-based computing on Tencent Cloud, and customizable services. The company has offices across China and employs 11-50 people, with over 82% in technical roles and most R&D staff holding graduate degrees or higher. In its Series B funding round around February 2022, Sixents Technology raised approximately $98 million (RMB 620 million), matching the listed investors including CDH Investments, CITIC Limited, and others. Post-round, Sixents partnered with CASC subsidiary Sichuan Aerospace Shiyuan Technology in June (year unspecified, likely recent) to advance low-altitude economy innovations, focusing on UAV engines, sensors, positioning, and applications in connected vehicles, airports, and smart cities. The firm continues developing drone management platforms, electronic IDs, and airspace supervision frameworks amid China's low-altitude sector growth, with Sichuan province alone generating over 20 billion yuan in 2024.
Apr 2020Undisclosed stageTengxun Touzi$17M-
Apr 2019SeedChina Telecom; Zhiwei Touzi; China Internet Investment Fund$4M-
Mar 2018AngelNavInfo$500K-

Who has invested in Sixents Technology?

16 investors have backed Sixents Technology across its funding rounds, including CDH Investments, Tengxun Touzi, China Internet Investment Fund, Xin Ding Capital, CITIC and NavInfo.


Sixents Technology Investors

Investors in Sixents Technology by funding rounds participated
InvestorHQRoundsRoleFirst check
Yufu CapitalChinaBeijing1ParticipantFeb 2022
Yuanhe ChongyuanChinaChina1ParticipantFeb 2022
Tengxun TouziChinaShenzhen1ParticipantApr 2020
Haihe Yunbai--1ParticipantFeb 2022
China TelecomChinaBeijing1ParticipantApr 2019
CITICChinaHong Kong1ParticipantFeb 2022
HuaKong Equity InvestmentChinaBeijing1ParticipantFeb 2022
NavInfoChinaBeijing1ParticipantMar 2018
Zhiwei TouziChinaJinhua1ParticipantApr 2019
Xin Ding CapitalChinaBeijing1ParticipantFeb 2022
Hongsong IOTChinaBeijing1ParticipantFeb 2022
China Internet Investment FundChinaBeijing1ParticipantApr 2019
CDH InvestmentsHong KongHong Kong1ParticipantFeb 2022

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Sixents Technology Competitors

Sixents Technology competitors include listed companies like Garmin, Trimble, Mobileye and CHCNav, and private ones like Qianxun Spatial Intelligence and T-Map Mobility.

Public and private companies comparable to Sixents Technology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GarminUnited StatesUnited StatesPublicly listed$7.2B$2.1B$53B6.4x
TrimbleUnited StatesUnited StatesPublicly listed$3.6B$784M$13B3.8x
MobileyeIsraelIsraelPublicly listed$1.9B$140M$6.8B2.7x
CHCNavChinaChinaPublicly listed$552M$134M$3.1B4.9x
Qianxun Spatial IntelligenceChinaShanghaiPrivate--$1.8B-
T-Map MobilitySouth KoreaSeoulPrivate$402M-$1.5B3.7x

Sixents Technology Public Comps

Sixents Technology is still privately-owned, but its public comps include Garmin, Hexagon, NAVER, Trimble, WiseTech Global, Mobileye, AECC Aero-Engine Controls, CHCNav, Hesai Technology and NextNav.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Garmin$7.2B$2.1B7.0x6.4x24.4x21.7x
Hexagon$6.2B$1.7B4.2x5.0x15.2x14.0x
NAVER$8.8B$2.2B2.3x2.1x9.0x9.3x
Trimble$3.6B$784M4.1x3.8x18.6x12.9x
WiseTech Global$779M$315M12.3x6.8x30.5x14.4x
Mobileye$1.9B$140M2.8x2.7x38.5x12.3x
AECC Aero-Engine Controls$771M$150M4.3x4.2x22.4x-
CHCNav$552M$134M5.3x4.9x21.9x21.4x

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Common questions about Sixents Technology

When was Sixents Technology founded?Sixents Technology was founded in 2018.
Where is Sixents Technology headquartered?Sixents Technology is headquartered in Beijing, China.
Is Sixents Technology publicly listed?No, Sixents Technology is a private, VC-backed company.
How much funding has Sixents Technology raised?Sixents Technology has raised $119M across 4 funding rounds.
What was Sixents Technology's last funding round?Sixents Technology's last funding round was a $98M Series B in February 2022.
Who are Sixents Technology's investors?Sixents Technology's investors include Yufu Capital, Yuanhe Chongyuan, Tengxun Touzi, Haihe Yunbai, China Telecom, CITIC, HuaKong Equity Investment, NavInfo, Zhiwei Touzi, Xin Ding Capital and 6 others.
Which companies are comparable to Sixents Technology?Companies comparable to Sixents Technology include Garmin, Trimble, Mobileye, CHCNav, Qianxun Spatial Intelligence and T-Map Mobility.

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