Yunyinggu Valuation, Funding & Investors
Yunyinggu is valued at $16M as of May 2013.
Last Yunyinggu valuation
$16M
Series A · May 2013
Last Yunyinggu funding round
$22M
Undisclosed stage · Dec 2022
Cumulative funding Yunyinggu raised
$121M
across 5 funding rounds
Key investors in Yunyinggu
Qiming Venture Partners
Northern Light Venture Capital
Qualcomm Ventures
Aviation Industry Corporation of China
HSG
Vertex Ventures
Yunyinggu Overview
About Yunyinggu
Yunyinggu is a China-based developer of advanced display technologies enhancing pixel density for flat panels including LCD, LED, and OLED screens. Their proprietary high-PPI solutions improve resolution and clarity, applicable to smartphones, TVs, and monitors for superior visual performance.
Founded
2012
HQ
ShanghaiWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$16M (May 2013)
Sectors
Yunyinggu Valuation
Yunyinggu is currently valued at $16M, based on its Series A in May 2013.
The $3M round was led by Vertex Ventures, with participation from Vertex Ventures China and CITIC Capital Holdings.
Yunyinggu valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2013 | Series A | $16M |
Yunyinggu Funding History
Yunyinggu has raised a total of $121M across 5 funding rounds.
Yunyinggu's first fundraising round was a $3M Series A in May 2013. The most recent completed round was a $22M undisclosed-stage round in December 2022.
Yunyinggu funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2022 | Undisclosed stage | - | $22M | - | - |
| Nov 2020 | Series D | HSG (lead); Qualcomm; Northern Light Venture Capital; Qiming Venture Partners | $45M | - | Yunyinggu Technology is a Shenzhen-based designer of OLED/AMOLED display driver chips, focusing on consumer electronics like smartphones and VR devices, serving domestic first-line mobile phone brands. It has received multiple funding rounds, including an extended Series C of CNY 200 million (USD 28 million) around April 2020 led by Qiming Venture Partners with participation from Qualcomm's venture arm, Northern Light Venture Capital, Xiaomi, and AVIC Fund. A later investment in September 2024 brought Yunyinggu's valuation to RMB 8.33 billion, establishing it as a chip industry unicorn. As of 2024, it ranks first in mainland China and fifth globally in AMOLED display driver chip sales with a 3.8% market share, far behind leader Samsung LSI's 42.5%. The company has filed for a Hong Kong Stock Exchange IPO with CICC and CITIC Securities as sponsors. Yunyinggu exhibits high revenue growth but deteriorating profitability, with annual losses of RMB 124 million, 232 million, and 309 million in recent years (likely 2022-2024). Gross margins declined sharply from 31.9% in 2022 to 2.5% in 2024, with AMOLED chips at -1.4% in 2023 due to inventory write-downs amid sluggish consumer electronics demand. Investors mentioned include Series B/C/D participants like Haiyin and Feidian, with implied post-money valuations listed up to RMB 4,080 million in a prospectus excerpt. |
| Apr 2020 | Series C | Qiming Venture Partners (lead); Qualcomm Ventures; Northern Light Venture Capital; Xiaomi; Aviation Industry Corporation of China | $28M | - | Yunyinggu is a Shenzhen-based OLED display driver designer founded by Dr. Gu Jing. The company develops chips for consumer electronics including smartphones and VR devices, and provides intellectual property technology solutions for smart hardware supply chain customers. It has expanded cooperation with major domestic mobile phone manufacturers and wearable device makers. In April 2020, Yunyinggu completed an extended Series C financing round raising CNY 200 million (USD 28 million), led by Qiming Venture Partners with participation from existing investors including Xiaomi, Qualcomm Ventures (the venture capital arm of Qualcomm), Aviation Industry Corporation of China (AVIC Fund), and Northern Light Venture Capital. Huaxing Capital served as the exclusive financial advisor. The company operates in the competitive OLED and AMOLED display driver market, which was expected to grow rapidly in subsequent years following the round. By 2024, according to the Hurun Global Unicorn List, Yunyinggu had achieved a valuation of 8.5 billion yuan and ranked 976th globally, having completed 12 rounds of financing over its lifecycle. |
| Sep 2019 | Series C | Qiming Venture Partners (lead); Qualcomm Ventures; Northern Light Venture Capital; Hongtai Fund; Aviation Industry Corporation of China | $22M | - | - |
| May 2013 | Series A | Vertex Ventures (lead); Vertex Ventures China; CITIC Capital Holdings | $3M | $16M | - |
Who has invested in Yunyinggu?
11 investors have backed Yunyinggu across its funding rounds, including Qiming Venture Partners, Northern Light Venture Capital, Qualcomm Ventures, Aviation Industry Corporation of China, HSG and Vertex Ventures.
Lead investors include HSG, Qiming Venture Partners and Vertex Ventures.
Yunyinggu Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Beijing | 3 | Participant | Sep 2019 | |
| Shanghai | 3 | Lead | Sep 2019 | |
 San Diego, CA | 2 | Participant | Sep 2019 | |
| Beijing | 2 | Participant | Sep 2019 | |
 Singapore | 1 | Lead | May 2013 | |
| San Jose, CA | 1 | Participant | Nov 2020 | |
| Beijing | 1 | Participant | Apr 2020 | |
| Shenzhen | 1 | Participant | Sep 2019 | |
| Beijing | 1 | Participant | May 2013 | |
This data is available for Pro users. Sign up to see all 11 Yunyinggu investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialYunyinggu Competitors
Yunyinggu competitors include listed companies like Egide and Sparc Technologies, and private ones like AnthroTek, Concrete4Change, Panda Industries and brrr°.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Cambridge | Private | - | - | $16M | - | |
| Nottingham | Private | - | - | $16M | - | |
| Louisville, KY | Private | - | - | $15M | - | |
| Atlanta, GA | Private | - | - | $15M | - | |
 France | Publicly listed | $36M | $327K | $17M | 0.5x | |
 Australia | Publicly listed | - | - | $14M | - |
Yunyinggu Public Comps
Yunyinggu is still privately-owned, but its public comps include Alexium Intl Group, Egide, Sparc Technologies, Green Lanes, Promimic, EVION Group, Cymat Technologies, Altheora, Sona Nanotech and Highlander Enterprise.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4M | ($3M) | 4.3x | - | (5.2x) | - | |||
| $36M | $327K | 0.4x | 0.5x | 49.2x | 12.3x | |||
| - | - | - | - | - | - | |||
| $52K | ($2M) | 336.8x | - | (7.4x) | - | |||
| $5M | ($299K) | 3.8x | - | (57.0x) | - | |||
| - | - | - | - | - | - | |||
| $1M | ($2M) | 8.5x | - | (5.8x) | - | |||
| $39M | $767K | 0.5x | 0.4x | 23.9x | 7.4x | |||
This data is available for Pro users. Sign up to see all Yunyinggu competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Yunyinggu
| When was Yunyinggu founded? | Yunyinggu was founded in 2012. |
| Where is Yunyinggu headquartered? | Yunyinggu is headquartered in Shanghai, China. |
| Is Yunyinggu publicly listed? | No, Yunyinggu is a private, VC-backed company. |
| What is Yunyinggu's valuation? | Yunyinggu was last valued at $16M in its Series A in May 2013. |
| How much funding has Yunyinggu raised? | Yunyinggu has raised $121M across 5 funding rounds. |
| What was Yunyinggu's last funding round? | Yunyinggu's last funding round was a $22M undisclosed-stage round in December 2022. |
| Who are Yunyinggu's investors? | Yunyinggu's investors include Northern Light Venture Capital, Qiming Venture Partners, Qualcomm Ventures, Aviation Industry Corporation of China, Vertex Ventures, Qualcomm, Xiaomi, Hongtai Fund, Vertex Ventures China, CITIC Capital Holdings and 1 other. |
| Which companies are comparable to Yunyinggu? | Companies comparable to Yunyinggu include AnthroTek, Concrete4Change, Panda Industries, brrr°, Egide and Sparc Technologies. |
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