Zimi Valuation, Funding & Investors

Zimi is valued at $375M as of May 2020.

See full Zimi profile

Last Zimi valuation

$375M

Strategic investment · May 2020

Last Zimi funding round

$103M

Strategic investment · May 2020

Cumulative funding Zimi raised

$118M

across 2 funding rounds

Key investors in Zimi

  • Xiaomi
  • Shunwei Capital
  • GGV Capital

Zimi Overview

About Zimi

Zimi is a Shenzhen-based manufacturer of portable power banks, wireless chargers, Bluetooth earbuds, and smart accessories under the ZMI brand. The company supplies Xiaomi ecosystem products including data cables and IoT devices, emphasizing fast-charging tech compliant with PD and QC standards.


Founded

2012

HQ

ChinaNanjing

Website

zmifi.com

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$375M (May 2020)

Zimi Valuation

Zimi is currently valued at $375M, based on its strategic investment round in May 2020.

The $103M round was led by Xiaomi.

Zimi valuation by funding round

Zimi valuation by funding round
DateStageValuation
May 2020Strategic investment$375M

Zimi Funding History

Zimi has raised a total of $118M across 2 funding rounds.

Zimi's first fundraising round was a $15M Series B in March 2015. The most recent completed round was a $103M strategic investment round in May 2020.

Zimi funding rounds

Zimi funding rounds
DateStageInvestorsRaisedValuation
May 2020Strategic investmentXiaomi (lead)$103M$375M
Mar 2015Series BGGV Capital (lead); Xiaomi; Shunwei Capital$15M-

Who has invested in Zimi?

3 investors have backed Zimi across its funding rounds, including Xiaomi, Shunwei Capital and GGV Capital.

Lead investors include Xiaomi and GGV Capital.


Zimi Investors

Investors in Zimi by funding rounds participated
InvestorHQRoundsRoleFirst check
XiaomiChinaBeijing2LeadMar 2015

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Zimi Competitors

Zimi competitors include listed companies like Vuzix and Mitac Digital Technology, and private ones like Pimax VR, Perfumeo, Hello and XGIMI.

Public and private companies comparable to Zimi
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Pimax VRChinaShanghaiPrivate--$380M-
PerfumeoUnited StatesSan Jose, CAPrivate--$450M-
HelloUnited StatesSan Francisco, CAPrivate--$300M-
XGIMIChinaChengduPrivate$145M-$474M3.3x
VuzixUnited StatesUnited StatesPublicly listed$6M($29M)$232M33.9x
Mitac Digital TechnologyTaiwanTaiwanPublicly listed$261M$14M$148M0.2x

Zimi Public Comps

Zimi is still privately-owned, but its public comps include FW Thorpe, Digiworld, Ideal Holdings, Riso Kagaku, Parrot, Hailun Piano, UTime, Grupo Multi, Esprinet and Guangdong Qunxing Toys.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
FW Thorpe$235M$54M1.3x-5.5x-
Digiworld$1B$29M0.4x0.3x14.2x10.5x
Ideal Holdings$554M$67M1.3x-10.9x-
Riso Kagaku$508M$64M0.8x0.8x6.1x-
Parrot$92M($11M)3.4x3.0x(28.6x)(47.0x)
Hailun Piano$18M($11M)26.9x-(44.8x)-
UTime$29M($2M)9.1x-(119.0x)-
Grupo Multi$763M$47M0.3x0.3x4.7x4.3x

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Common questions about Zimi

When was Zimi founded?Zimi was founded in 2012.
Where is Zimi headquartered?Zimi is headquartered in Nanjing, China.
Is Zimi publicly listed?No, Zimi is a private, VC-backed company.
What is Zimi's valuation?Zimi was last valued at $375M in its strategic investment round in May 2020.
How much funding has Zimi raised?Zimi has raised $118M across 2 funding rounds.
What was Zimi's last funding round?Zimi's last funding round was a $103M strategic investment round in May 2020, led by Xiaomi.
Who are Zimi's investors?Zimi's investors include Xiaomi, Shunwei Capital and GGV Capital.
Which companies are comparable to Zimi?Companies comparable to Zimi include Pimax VR, Perfumeo, Hello, XGIMI, Vuzix and Mitac Digital Technology.

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