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- XINYI Information Technology Ltd
XINYI Information Technology Ltd Valuation, Funding & Investors
XINYI Information Technology Ltd is valued at $522M as of March 2023.
Last XINYI Information Technology Ltd valuation
$522M
Series C · Mar 2023
Last XINYI Information Technology Ltd funding round
$44M
Series C · Mar 2023
Cumulative funding XINYI Information Technology Ltd raised
$155M
across 6 funding rounds
Key investors in XINYI Information Technology Ltd
Dongfang Jiafu
Fujian Septwolves
Frees Fund
CAS Star
China Merchants Venture Capital
CMB International Capital Corporation
XINYI Information Technology Ltd Overview
About XINYI Information Technology Ltd
XINYI Information Technology Ltd is a 5G IoT SoC vendor with R&D centers in Shanghai, Nanjing, Chengdu, and Singapore, plus sales offices in Xi'an, Chongqing, Shenzhen, and a supply chain hub in Hong Kong. The company develops comprehensive chip solutions leveraging expertise from alumni of Broadcom, Qualcomm, Intel, Maxlinear, and top universities including UCLA, Tsinghua, and Peking University.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$522M (Mar 2023)
XINYI Information Technology Ltd Valuation
XINYI Information Technology Ltd is currently valued at $522M, based on its Series C in March 2023.
The $44M round was led by China Internet Investment Fund, with participation from Haitong Innovation Capital Management, Hanqian Investment, Peakvest, Shanghai pudong smart manufacturing industry fund and Origin Fund.
XINYI Information Technology Ltd valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2023 | Series C | $522M |
XINYI Information Technology Ltd Funding History
XINYI Information Technology Ltd has raised a total of $155M across 6 funding rounds.
XINYI Information Technology Ltd's first fundraising round was a $400K angel round in April 2017. The most recent completed round was a $44M Series C in March 2023.
XINYI Information Technology Ltd funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2023 | Series C | China Internet Investment Fund (lead); Haitong Innovation Capital Management; Hanqian Investment; Peakvest; Shanghai pudong smart manufacturing industry fund; Origin Fund | $44M | $522M | - |
| Sep 2021 | Series B | CICC Alpha (lead); CMB International Capital Corporation (lead); China Merchants Venture Capital; Fujian Septwolves; Dongfang Jiafu | $77M | - | - |
| Jun 2020 | Series A | CTC Capital (lead); Frees Fund; Fujian Septwolves; Dongfang Jiafu; Sinowisdom | $28M | - | - |
| Dec 2018 | Series A | Nanjing Bangsheng Touzi (lead); Fujian Septwolves; Chenhui Venture Partners; China Electronics Corporation; Dongfang Jiafu; Qianhai Fund of Funds | $3M | - | XINYI Information Technology Ltd is an IoT chip startup founded in 2017, focusing on R&D and sales of IoT communication chips. The company completed a Round A funding round in December 2018 led by Nanjing Bangsheng Touzi, with participation from Chenhui Venture Partners, China Electronics Corporation, Dongfang Jiafu, Qianhai Fund of Funds, and Fujian Septwolves. |
| Jul 2017 | Series A | Jinka Gufen (lead) | $3M | - | - |
| Apr 2017 | Angel | Frees Fund; Zhejiang Pudu Technology; CAS Star | $400K | - | - |
Who has invested in XINYI Information Technology Ltd?
21 investors have backed XINYI Information Technology Ltd across its funding rounds, including Dongfang Jiafu, Fujian Septwolves, Frees Fund, CAS Star, China Merchants Venture Capital and CMB International Capital Corporation.
Lead investors include China Internet Investment Fund, CICC Alpha, CMB International Capital Corporation, CTC Capital, Nanjing Bangsheng Touzi and 1 other investor.
XINYI Information Technology Ltd Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Dec 2018 | ||
| 3 | Participant | Dec 2018 | ||
| 2 | Participant | Apr 2017 | ||
| 1 | Lead | Dec 2018 | ||
| 1 | Participant | Apr 2017 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Dec 2018 | ||
| 1 | Participant | Dec 2018 | ||
| 1 | Lead | Jun 2020 | ||
| 1 | Lead | Sep 2021 | ||
| 1 | Participant | Mar 2023 | ||
| 1 | Lead | Jul 2017 | ||
| 1 | Participant | Jun 2020 | ||
This data is available for Pro users. Sign up to see all 21 XINYI Information Technology Ltd investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialXINYI Information Technology Ltd Competitors
XINYI Information Technology Ltd competitors include listed companies like SemiFive and Fixstars, and private ones like JLQ Technology, Quadric, Axera and Dixin Gravity Technology.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $441M | - | ||
| Publicly listed | $80M | ($31M) | $372M | 3.5x | ||
| Private | $20M | - | $316M | 15.8x | ||
| Private | - | - | $888M | - | ||
| Private | - | - | $295M | - | ||
| Publicly listed | $62M | $18M | $456M | 5.9x |
XINYI Information Technology Ltd Public Comps
XINYI Information Technology Ltd is still privately-owned, but its public comps include SEALSQ, U-LEAM, Raydium, Weebit Nano, NVE, Qualitau, Semco Technologies, M31 Technology, Fixstars and LX Semicon.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $18M | ($34M) | 2.8x | 2.0x | (1.5x) | (1.5x) | |||
| $18M | $7M | 28.0x | - | 72.9x | - | |||
| $703M | $60M | 0.3x | 0.3x | 3.6x | - | |||
| $11M | ($41M) | 40.4x | 34.5x | (10.8x) | (13.4x) | |||
| $26M | $16M | 17.7x | - | 28.4x | - | |||
| $61M | $26M | 7.3x | - | 17.3x | - | |||
| $39M | $17M | 11.6x | 10.1x | 27.3x | 23.7x | |||
| $56M | $5M | 10.2x | 9.5x | 120.6x | 81.6x | |||
This data is available for Pro users. Sign up to see all XINYI Information Technology Ltd competitors and their valuation data. Start Free Trial | ||||||||
Common questions about XINYI Information Technology Ltd
| When was XINYI Information Technology Ltd founded? | XINYI Information Technology Ltd was founded in 2017. |
| Where is XINYI Information Technology Ltd headquartered? | XINYI Information Technology Ltd is headquartered in Shanghai, China. |
| Is XINYI Information Technology Ltd publicly listed? | No, XINYI Information Technology Ltd is a private, VC-backed company. |
| What is XINYI Information Technology Ltd's valuation? | XINYI Information Technology Ltd was last valued at $522M in its Series C in March 2023. |
| How much funding has XINYI Information Technology Ltd raised? | XINYI Information Technology Ltd has raised $155M across 6 funding rounds. |
| What was XINYI Information Technology Ltd's last funding round? | XINYI Information Technology Ltd's last funding round was a $44M Series C in March 2023, led by China Internet Investment Fund. |
| Who are XINYI Information Technology Ltd's investors? | XINYI Information Technology Ltd's investors include Fujian Septwolves, Dongfang Jiafu, Frees Fund, Nanjing Bangsheng Touzi, Zhejiang Pudu Technology, China Merchants Venture Capital, Chenhui Venture Partners, China Electronics Corporation, CTC Capital, CICC Alpha and 11 others. |
| Which companies are comparable to XINYI Information Technology Ltd? | Companies comparable to XINYI Information Technology Ltd include JLQ Technology, SemiFive, Quadric, Axera, Dixin Gravity Technology and Fixstars. |
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