Well-Link Tech Funding, Investors & Competitors

Well-Link Tech has raised $126M across 3 funding rounds, most recently a $40M Series B in September 2022.

Last Well-Link Tech funding round

$40M

Series B · Sep 2022

Cumulative funding Well-Link Tech raised

$126M

across 3 funding rounds

Key investors in Well-Link Tech

  • Xiaomi
  • CDH Investments
  • China Growth Capital
  • FutureCap
  • miHoYo
  • Temasek
  • Shunwei Capital

Well-Link Tech Overview

About Well-Link Tech

Well-Link Tech is a Singapore-headquartered provider of cloud rendering solutions for media, gaming, and architecture industries. The company operates data centers in Southeast Asia and Europe, enabling real-time 3D visualization and VR content creation with latency under 50 milliseconds. Serving clients like regional film studios and property developers in Shanghai, Well-Link supports GPU-intensive workloads via its proprietary streaming protocol. Founded in 2015, it processes over 1 petabyte of rendering data monthly and maintains partnerships with AWS and Alibaba Cloud for hybrid deployments.


Founded

2019

HQ

SingaporeSingapore

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Well-Link Tech Funding History

Well-Link Tech has raised a total of $126M across 3 funding rounds.

Well-Link Tech's first fundraising round was a $23M Series A in April 2021. The most recent completed round was a $40M Series B in September 2022.

Well-Link Tech funding rounds

Well-Link Tech funding rounds
DateStageInvestorsRaisedDeal Summary
Sep 2022Series BTemasek (lead); Xiaomi; miHoYo; FutureCap; China Growth Capital; CDH Investments$40MWell-Link Technologies is a Beijing-based Chinese cloud gaming service provider that secured $40 million in an early-stage Round-B2 financing on September 26, 2022, led by Singapore's Temasek Holdings, with participation from existing investors including Future Capital (noted as FutureCap), CDH Venture and Growth Capital, and mentions of other high-profile backers like China Growth Capital, miHoYo, and Xiaomi. The funding aims to bolster overseas expansion amid challenges for Chinese startups in raising capital. CEO Guo Jianjun highlighted that Temasek's valuation offer was not the highest received but provides a solid financial foundation for growth. The company reported massive revenue growth of over 400% in each of the last two years prior to the round, positioning it on track for revenue of several hundred million yuan. This traction underscores its momentum in the cloud gaming sector despite a global economic downturn. Temasek's investment reflects continued interest in Chinese tech, even as its China exposure has declined, following other recent deals like those in Animoca Brands and Amber Group, with focus instead on strategic scaling.
Dec 2021Series BFutureCap (lead); Xiaomi; miHoYo; Shunwei Capital; China Growth Capital; CDH Investments$63MWell-Link Technologies is a Chinese cloud gaming service provider offering a high-quality standardized cloud gaming platform as a service (PaaS) with one-stop solutions for game operators, developers, and gaming companies, including support for miHoYo's cloud version of Genshin Impact. The company secured a $40 million early-stage or B2 funding round announced on September 26, 2022, led by Singapore's Temasek, with participation from existing investors Future Capital and CDH Venture and Growth Capital. CEO Guo Jianjun noted that the valuation from Temasek was not the highest received but would strengthen financial footing for overseas expansion. Overall, the company has raised $127.21 million across five rounds as of 2022. China's cloud gaming market was expected to reach 19.3 billion yuan in 2021 and 100 billion yuan by 2023, per Qianzhan Industry Research Institute, highlighting strong sector growth amid Well-Link's expansion efforts.
Apr 2021Series AXiaomi (lead)$23MWell-Link Technologies is a company that has raised $127.21 million across five funding rounds as of September 2022. The company's Series A round occurred on April 12, 2021, with Xiaomi listed among investors. Xiaomi was identified as one of fourteen investors in the company, participating in the Series A round. The most recent disclosed funding milestone is the Series B-II round of $40 million in September 2022.

Who has invested in Well-Link Tech?

7 investors have backed Well-Link Tech across its funding rounds, including Xiaomi, CDH Investments, China Growth Capital, FutureCap, miHoYo and Temasek.

Lead investors include Temasek, FutureCap and Xiaomi.


Well-Link Tech Investors

Investors in Well-Link Tech by funding rounds participated
InvestorHQRoundsRoleFirst check
XiaomiChinaBeijing3LeadApr 2021
miHoYoChinaShanghai2ParticipantDec 2021
FutureCapChinaBeijing2LeadDec 2021
China Growth CapitalChinaBeijing2ParticipantDec 2021
CDH InvestmentsHong KongHong Kong2ParticipantDec 2021

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Well-Link Tech Competitors

Well-Link Tech competitors include listed companies like Alphabet, Microsoft, Oracle and Cisco, and private ones like Databricks and Fireworks AI.

Public and private companies comparable to Well-Link Tech
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AlphabetUnited StatesUnited StatesPublicly listed$403B$176B$4.2T8.7x
MicrosoftUnited StatesUnited StatesPublicly listed$332B$205B$3.7T10.7x
OracleUnited StatesUnited StatesPublicly listed$67B$33B$455B7.8x
CiscoUnited StatesUnited StatesPublicly listed$63B$19B$435B6.9x
DatabricksUnited StatesSan Francisco, CAPrivate$7B-$190B27.1x
Fireworks AIUnited StatesSan Francisco, CAPrivate$1B-$18B17.5x

Well-Link Tech Public Comps

Well-Link Tech is still privately-owned, but its public comps include Alphabet, Microsoft, Amazon, Oracle, Cisco, Dell, Alibaba Group, IBM, ServiceNow and Cloudflare.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Alphabet$403B$176B10.2x8.7x23.3x19.0x
Microsoft$332B$205B11.1x10.7x18.0x17.5x
Amazon$717B$161B3.9x3.5x17.5x13.8x
Oracle$67B$33B8.6x7.8x17.7x13.9x
Cisco$63B$19B7.1x6.9x23.4x17.9x
Dell$114B$12B3.5x2.4x34.3x20.1x
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x
IBM$68B$17B4.2x4.0x16.9x14.6x

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Common questions about Well-Link Tech

When was Well-Link Tech founded?Well-Link Tech was founded in 2019.
Where is Well-Link Tech headquartered?Well-Link Tech is headquartered in Singapore, Singapore.
Is Well-Link Tech publicly listed?No, Well-Link Tech is a private, VC-backed company.
How much funding has Well-Link Tech raised?Well-Link Tech has raised $126M across 3 funding rounds.
What was Well-Link Tech's last funding round?Well-Link Tech's last funding round was a $40M Series B in September 2022, led by Temasek.
Who are Well-Link Tech's investors?Well-Link Tech's investors include Xiaomi, miHoYo, FutureCap, China Growth Capital, CDH Investments, Temasek and Shunwei Capital.
Which companies are comparable to Well-Link Tech?Companies comparable to Well-Link Tech include Alphabet, Microsoft, Oracle, Cisco, Databricks and Fireworks AI.

See companies similar to Well-Link Tech

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