About Chunmi Electronic Technology
Chunmi Electronic Technology is a company based in Pudong (China) founded in 2009.. Chunmi Electronic Technology has raised $31.62 million across 6 funding rounds from investors including Xiaomi, CDH and NGP Capital. Chunmi Electronic Technology operates in a competitive market with competitors including Shenzhen Rice Technology, Cocinare, AirHood, iCuisine and Arrivehome, among others.
- Headquarter Pudong, China
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Sectors
ConsumerRetail Technology
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.62 M (USD)
in 6 rounds
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Latest Funding Round
$17.06 M (USD), Series D
May 08, 2021
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Investors
Xiaomi
& 5 more
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Employee Count
Employee Count
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Funding Insights of Chunmi Electronic Technology
Chunmi Electronic Technology has successfully raised a total of $31.62M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $17.06 million completed in May 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 6
- Last Round Series D — $17.1M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series D - Chunmi Electronic Technology | Valuation | CDH |
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| Sep, 2018 | Amount | Series C - Chunmi Electronic Technology | Valuation | NGP Capital |
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| May, 2018 | Amount | Series C - Chunmi Electronic Technology | Valuation | Everbright Zhongying Capital |
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| 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 Chunmi Electronic Technology
Chunmi Electronic Technology has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Xiaomi, CDH and NGP Capital. 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 and private debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on B2B companies
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Founded Year | Domain | Location | |
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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 Chunmi Electronic 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 - Chunmi Electronic 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 |
Chunmi Electronic Technology Comparisons
Competitors of Chunmi Electronic Technology
Chunmi Electronic 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 Shenzhen Rice Technology, Cocinare, AirHood, iCuisine and Arrivehome, 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 |
AI-based cooking robots are developed for Chinese cuisine preparation.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering kitchen appliances.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering high-quality chimneys and ventilation products.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering innovative smart kitchen appliances.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering a variety of kitchen appliances.
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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 Chunmi Electronic Technology
Frequently Asked Questions about Chunmi Electronic Technology
When was Chunmi Electronic Technology founded?
Chunmi Electronic Technology was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is Chunmi Electronic Technology located?
Chunmi Electronic Technology is headquartered in Pudong, China. It is registered at Pudong, Shanghai, China.
Is Chunmi Electronic Technology a funded company?
Chunmi Electronic Technology is a funded company, having raised a total of $31.62M across 6 funding rounds to date.
What does Chunmi Electronic Technology do?
Chunmi Electronic Technology was founded in 2009 in Pudong, China. Smart kitchen appliances are manufactured and supplied by the company within the consumer electronics sector. Product lines include intelligent rice pressure cookers and induction cookers, which connect to a mobile app for automated cooking via rice scanning. Integration with 3000 rice recipes is supported, and the app operates on Android and iOS platforms. Operations focus on app-enabled home appliances.
Who are the top competitors of Chunmi Electronic Technology?
Chunmi Electronic Technology's top competitors include Shenzhen Rice Technology, Cocinare and AirHood.
Who are Chunmi Electronic Technology's investors?
Chunmi Electronic Technology has 6 investors. Key investors include Xiaomi, CDH, NGP Capital, Everbright Zhongying Capital, and GGV Capital.