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

ChinaShanghai

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

XINYI Information Technology Ltd valuation by funding round
DateStageValuation
Mar 2023Series 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

XINYI Information Technology Ltd funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2023Series CChina Internet Investment Fund (lead); Haitong Innovation Capital Management; Hanqian Investment; Peakvest; Shanghai pudong smart manufacturing industry fund; Origin Fund$44M$522M-
Sep 2021Series BCICC Alpha (lead); CMB International Capital Corporation (lead); China Merchants Venture Capital; Fujian Septwolves; Dongfang Jiafu$77M--
Jun 2020Series ACTC Capital (lead); Frees Fund; Fujian Septwolves; Dongfang Jiafu; Sinowisdom$28M--
Dec 2018Series ANanjing 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 2017Series AJinka Gufen (lead)$3M--
Apr 2017AngelFrees 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

Investors in XINYI Information Technology Ltd by funding rounds participated
InvestorHQRoundsRoleFirst check
Fujian SeptwolvesChinaShenzhen3ParticipantDec 2018
Dongfang JiafuChinaHangzhou3ParticipantDec 2018
Frees FundChinaBeijing2ParticipantApr 2017
Nanjing Bangsheng TouziChinaNanjing1LeadDec 2018
Zhejiang Pudu TechnologyChinaHangzhou1ParticipantApr 2017
China Merchants Venture CapitalChinaShenzhen1ParticipantSep 2021
Chenhui Venture PartnersChinaShanghai1ParticipantDec 2018
China Electronics CorporationChinaShenzhen1ParticipantDec 2018
CTC CapitalChinaShanghai1LeadJun 2020
CICC AlphaChinaBeijing1LeadSep 2021
Haitong Innovation Capital ManagementChinaShanghai1ParticipantMar 2023
Jinka GufenChinaChina1LeadJul 2017
SinowisdomChinaHangzhou1ParticipantJun 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

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 Trial

XINYI 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.

Public and private companies comparable to XINYI Information Technology Ltd
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
JLQ TechnologyChinaShanghaiPrivate--$441M-
SemiFiveSouth KoreaSouth KoreaPublicly listed$80M($31M)$372M3.5x
QuadricUnited StatesSan Francisco, CAPrivate$20M-$316M15.8x
AxeraChinaBeijingPrivate--$888M-
Dixin Gravity TechnologyChinaHangzhouPrivate--$295M-
FixstarsJapanJapanPublicly listed$62M$18M$456M5.9x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SEALSQ$18M($34M)2.8x2.0x(1.5x)(1.5x)
U-LEAM$18M$7M28.0x-72.9x-
Raydium$703M$60M0.3x0.3x3.6x-
Weebit Nano$11M($41M)40.4x34.5x(10.8x)(13.4x)
NVE$26M$16M17.7x-28.4x-
Qualitau$61M$26M7.3x-17.3x-
Semco Technologies$39M$17M11.6x10.1x27.3x23.7x
M31 Technology$56M$5M10.2x9.5x120.6x81.6x

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.

See companies similar to XINYI Information Technology Ltd

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial