About Banma Network Technology
Banma Network Technology is a company based in Shanghai (China) founded in 2015.. Banma Network Technology has raised $697.66 million across 2 funding rounds from investors including Alibaba Group, SDIC and SAIC Motor. Banma Network Technology operates in a competitive market with competitors including Mojio, Aeris, Smartcar, Otonomo and Sonatus, among others.
- Headquarter Shanghai, China
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$697.66 M (USD)
in 2 rounds
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Latest Funding Round
$464 M (USD), Series B
Jul 14, 2021
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Investors
Alibaba Group
& 4 more
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Employee Count
Employee Count
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Funding Insights of Banma Network Technology
Banma Network Technology has successfully raised a total of $697.66M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $464 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $464.0M
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First Round
First Round
(13 Sep 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - Banma Network Technology | Valuation | Alibaba Group , SAIC Motor | |
| Sep, 2018 | Amount | Series A - Banma Network Technology | Valuation | SDIC Innovation |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Banma Network Technology
Banma Network Technology has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba Group, SDIC and SAIC Motor. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are managed by Yunfeng Capital in China.
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Founded Year | Domain | Location | |
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Private equity firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Conglomerate group operating a portfolio of businesses
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Banma Network Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Banma Network Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Banma Network Technology Comparisons
Competitors of Banma Network Technology
Banma Network Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mojio, Aeris, Smartcar, Otonomo and Sonatus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-connected device and platform for cars
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| domain | founded_year | HQ Location |
Secure, scalable IoT solutions are provided for diverse industries.
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| domain | founded_year | HQ Location |
Provider of SaaS-driven API platform for connected car data
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| domain | founded_year | HQ Location |
Online platform offering a data marketplace for the automotive sector
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| domain | founded_year | HQ Location |
Cloud-enabled in-vehicle connectivity and data management solutions are provided.
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| domain | founded_year | HQ Location |
IoT and SaaS-based provider of application development solutions for connected ecosystems
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Banma Network Technology
Frequently Asked Questions about Banma Network Technology
When was Banma Network Technology founded?
Banma Network Technology was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Banma Network Technology located?
Banma Network Technology is headquartered in Shanghai, China.
Who is the current CEO of Banma Network Technology?
Alex Shi is the current CEO of Banma Network Technology.
Is Banma Network Technology a funded company?
Banma Network Technology is a funded company, having raised a total of $697.66M across 2 funding rounds to date. The company's 1st funding round was a Series A of $233.66M, raised on Sep 13, 2018.
What does Banma Network Technology do?
Banma Network Technology was founded in 2015 in Shanghai, China, as part of Zebra Zhixing, a joint venture between Alibaba Group and SAIC Motor. The company operates in the automotive technology sector, offering a connected car operating system. Services include augmented reality navigation, human-machine interaction, internet connectivity, and automation of vehicle functions such as engine starting, diagnostics, lighting, and seat adjustments.
Who are the top competitors of Banma Network Technology?
Who are Banma Network Technology's investors?
Banma Network Technology has 5 investors. Key investors include Alibaba Group, SDIC, SAIC Motor, Yunfeng Capital, and SDIC Innovation.
What is Banma Network Technology's valuation?
The valuation of Banma Network Technology is $1B as of Jul 2021.
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