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- Sixents Technology
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
CDH Investments
Tengxun Touzi
China Internet Investment Fund
Xin Ding Capital
CITIC
NavInfo
China Telecom
Shenzhen Pagoda
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2022 | Series B | Yufu Capital; Yuanhe Chongyuan; Haihe Yunbai; CITIC; HuaKong Equity Investment; Xin Ding Capital; Hongsong IOT; CDH Investments; Shenzhen Pagoda; Yinhua Capital; Tus-Yulin | $98M | Sixents 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 2020 | Undisclosed stage | Tengxun Touzi | $17M | - |
| Apr 2019 | Seed | China Telecom; Zhiwei Touzi; China Internet Investment Fund | $4M | - |
| Mar 2018 | Angel | NavInfo | $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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Apr 2020 | ||
| -- | 1 | Participant | Feb 2022 | |
| 1 | Participant | Apr 2019 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Mar 2018 | ||
| 1 | Participant | Apr 2019 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Apr 2019 | ||
| 1 | Participant | Feb 2022 | ||
This data is available for Pro users. Sign up to see all 16 Sixents Technology 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 TrialSixents 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $7.2B | $2.1B | $53B | 6.4x | ||
| Publicly listed | $3.6B | $784M | $13B | 3.8x | ||
| Publicly listed | $1.9B | $140M | $6.8B | 2.7x | ||
| Publicly listed | $552M | $134M | $3.1B | 4.9x | ||
| Private | - | - | $1.8B | - | ||
| Private | $402M | - | $1.5B | 3.7x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.2B | $2.1B | 7.0x | 6.4x | 24.4x | 21.7x | |||
| $6.2B | $1.7B | 4.2x | 5.0x | 15.2x | 14.0x | |||
| $8.8B | $2.2B | 2.3x | 2.1x | 9.0x | 9.3x | |||
| $3.6B | $784M | 4.1x | 3.8x | 18.6x | 12.9x | |||
| $779M | $315M | 12.3x | 6.8x | 30.5x | 14.4x | |||
| $1.9B | $140M | 2.8x | 2.7x | 38.5x | 12.3x | |||
| $771M | $150M | 4.3x | 4.2x | 22.4x | - | |||
| $552M | $134M | 5.3x | 4.9x | 21.9x | 21.4x | |||
This data is available for Pro users. Sign up to see all Sixents Technology competitors and their valuation data. Start Free Trial | ||||||||
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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