Xindi Digital Engineering System Funding, Investors & Competitors

Xindi Digital Engineering System has raised $112M across 2 funding rounds, most recently a $15M Series D in April 2023.

Last Xindi Digital Engineering System funding round

$15M

Series D · Apr 2023

Cumulative funding Xindi Digital Engineering System raised

$112M

across 2 funding rounds

Key investors in Xindi Digital Engineering System

  • Chengdu F&D Equity investment
  • Innoangel Fund
  • Vertex Ventures China
  • SBCVC
  • SDIC Venture Capital
  • Cowin Venture
  • SZHTI Group
  • Tsinghua Capital

Xindi Digital Engineering System Overview

About Xindi Digital Engineering System

Xindi Digital Engineering System is a developer of 3D CAD software tailored for manufacturing enterprises in China. The company delivers solutions like NewDim CAD, which supports parametric modeling, assembly design, and simulation for mechanical engineering. Headquartered in Beijing, it serves industries including automotive and aerospace with tools for complex part design and digital prototyping. Established in 2003, Xindi has expanded its portfolio to include cloud-based collaboration features and integration with CAM systems. Its software powers production lines for clients in heavy machinery sectors across Asia.


Founded

2003

HQ

ChinaHangzhou

Status

Privately held

Customer focus

B2B

Revenue model

Licensing, Subscription

Xindi Digital Engineering System Funding History

Xindi Digital Engineering System has raised a total of $112M across 2 funding rounds.

Xindi Digital Engineering System's first fundraising round was a $97M undisclosed-stage round in October 2022. The most recent completed round was a $15M Series D in April 2023.

Xindi Digital Engineering System funding rounds

Xindi Digital Engineering System funding rounds
DateStageInvestorsRaisedDeal Summary
Apr 2023Series DJiupai Capital; Xin Ding Capital; Chengdu F&D Equity investment; Guoxin Investment$15MHangzhou Xindi Digital Engineering System, founded in 2003 by Peng Wei and Ye Xiuzi, provides enterprise IT services and operates in a competitive market with rivals like UST, NTT DATA, Breed Reply, Globant, and 1&1 IONOS. The company completed a Series D funding round of $14.45 million on April 26, 2023, led by investors including Xinding Capital, Shenzhen Qianhai Jiupai Capital Management, and Shanghai Guoxin Investment Development, along with Chengdu F&D Equity Investment. This round marks the company's latest funding activity, bringing total equity funding to $14.45 million across two rounds with 12 investors.
Oct 2022Undisclosed stageSDIC Venture Capital (lead); Innoangel Fund; Hui Capital; SZHTI Group; SBCVC; Vertex Ventures China; BYD; Cowin Venture; Chengdu F&D Equity investment; Bohai Industrial Investment Fund Management; Tsinghua Capital$97MXindi Digital Engineering System is a Chinese software company that specializes in developing 3D CAD (computer-aided design) software and related content for manufacturing enterprises. The company focuses on tools that support the design and engineering workflows of manufacturers across various industries. In October 2022, the company raised $97.03 million in venture financing, led by SDIC Venture Capital and participated by multiple investors including Bohai Industrial Investment Fund Management, BYD Company, Chengdu F&D Equity investment, Cowin Venture, Hui Capital, Innoangel Fund, SBCVC, SZHTI Group, Tsinghua Capital, and Vertex Ventures China. The company is headquartered in Hangzhou, China, and had accumulated total funding of $14.45 million prior to this round.

Who has invested in Xindi Digital Engineering System?

14 investors have backed Xindi Digital Engineering System across its funding rounds, including Chengdu F&D Equity investment, Innoangel Fund, Vertex Ventures China, SBCVC, SDIC Venture Capital and Cowin Venture.

Lead investors include SDIC Venture Capital.


Xindi Digital Engineering System Investors

Investors in Xindi Digital Engineering System by funding rounds participated
InvestorHQRoundsRoleFirst check
Chengdu F&D Equity investmentChinaChina2ParticipantOct 2022
Innoangel FundChinaBeijing1ParticipantOct 2022
Hui CapitalChinaShenzhen1ParticipantOct 2022
Jiupai CapitalChinaShenzhen1ParticipantApr 2023
SZHTI GroupChinaShenzhen1ParticipantOct 2022
SBCVCChinaShanghai1ParticipantOct 2022
Xin Ding CapitalChinaBeijing1ParticipantApr 2023
Vertex Ventures ChinaChinaBeijing1ParticipantOct 2022
BYDChinaShenzhen1ParticipantOct 2022
Cowin VentureChinaBeijing1ParticipantOct 2022
Guoxin InvestmentChinaShanghai1ParticipantApr 2023
SDIC Venture CapitalChinaBeijing1LeadOct 2022

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Xindi Digital Engineering System Competitors

Xindi Digital Engineering System competitors include listed companies like Cadence Design Systems, Autodesk, Dassault Systemes and PTC, and private ones like Vention and aPriori Technologies.

Public and private companies comparable to Xindi Digital Engineering System
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
VentionCanadaMontrealPrivate$73M-$1.2B16.4x
aPriori TechnologiesUnited StatesBoston, MAPrivate--$280M-
Cadence Design SystemsUnited StatesUnited StatesPublicly listed$5.3B$1.8B$77B13.0x
AutodeskUnited StatesUnited StatesPublicly listed$7.2B$1.8B$46B5.7x
Dassault SystemesFranceFrancePublicly listed$7.2B$2.2B$32B4.0x
PTCUnited StatesUnited StatesPublicly listed$2.7B$1.1B$15B5.8x

Xindi Digital Engineering System Public Comps

Xindi Digital Engineering System is still privately-owned, but its public comps include Adobe, Cadence Design Systems, Synopsys, Autodesk, Constellation Software, Dassault Systemes, Hexagon, Snap-on, Unity and PTC.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Adobe$24B$9.3B4.3x3.9x10.9x8.2x
Cadence Design Systems$5.3B$1.8B14.8x13.0x44.3x27.3x
Synopsys$7.1B$2.2B11.4x8.5x36.1x20.7x
Autodesk$7.2B$1.8B6.3x5.7x25.6x14.1x
Constellation Software$12B$2.5B4.0x3.5x18.5x12.9x
Dassault Systemes$7.2B$2.2B4.0x4.0x13.2x11.2x
Hexagon$6.2B$1.7B4.2x5.0x15.2x14.0x
Snap-on$5.2B$1.4B3.7x3.9x13.2x13.0x

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Common questions about Xindi Digital Engineering System

When was Xindi Digital Engineering System founded?Xindi Digital Engineering System was founded in 2003.
Where is Xindi Digital Engineering System headquartered?Xindi Digital Engineering System is headquartered in Hangzhou, China.
Is Xindi Digital Engineering System publicly listed?No, Xindi Digital Engineering System is a private, VC-backed company.
How much funding has Xindi Digital Engineering System raised?Xindi Digital Engineering System has raised $112M across 2 funding rounds.
What was Xindi Digital Engineering System's last funding round?Xindi Digital Engineering System's last funding round was a $15M Series D in April 2023.
Who are Xindi Digital Engineering System's investors?Xindi Digital Engineering System's investors include Chengdu F&D Equity investment, Innoangel Fund, Hui Capital, Jiupai Capital, SZHTI Group, SBCVC, Xin Ding Capital, Vertex Ventures China, BYD, Cowin Venture and 4 others.
Which companies are comparable to Xindi Digital Engineering System?Companies comparable to Xindi Digital Engineering System include Vention, aPriori Technologies, Cadence Design Systems, Autodesk, Dassault Systemes and PTC.

See companies similar to Xindi Digital Engineering System

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