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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| May 2020 | Strategic 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
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| May 2020 | Strategic investment | Xiaomi (lead) | $103M | $375M |
| Mar 2015 | Series B | GGV 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2015 | ||
This data is available for Pro users. Sign up to see all 3 Zimi 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 TrialZimi Competitors
Zimi competitors include listed companies like Vuzix and Mitac Digital Technology, and private ones like Pimax VR, Perfumeo, Hello and XGIMI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $380M | - | ||
| Private | - | - | $450M | - | ||
| Private | - | - | $300M | - | ||
| Private | $145M | - | $474M | 3.3x | ||
| Publicly listed | $6M | ($29M) | $232M | 33.9x | ||
| Publicly listed | $261M | $14M | $148M | 0.2x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $235M | $54M | 1.3x | - | 5.5x | - | |||
| $1B | $29M | 0.4x | 0.3x | 14.2x | 10.5x | |||
| $554M | $67M | 1.3x | - | 10.9x | - | |||
| $508M | $64M | 0.8x | 0.8x | 6.1x | - | |||
| $92M | ($11M) | 3.4x | 3.0x | (28.6x) | (47.0x) | |||
| $18M | ($11M) | 26.9x | - | (44.8x) | - | |||
| $29M | ($2M) | 9.1x | - | (119.0x) | - | |||
| $763M | $47M | 0.3x | 0.3x | 4.7x | 4.3x | |||
This data is available for Pro users. Sign up to see all Zimi competitors and their valuation data. Start Free Trial | ||||||||
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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