About Hesai Technology
Hesai Technology is a company based in Shanghai (China) founded in 2014 by Yifan Li, Shaoqing Xiang, and Kai Sun. Hesai Technology has raised $598.93 million across 6 funding rounds from investors including Meituan, Xiaomi and ON Semiconductor. The company has 1,020 employees as of December 31, 2024. Hesai Technology operates in a competitive market with competitors including Ouster, Innoviz, Luminar Technologies, LeddarTech and AEye, among others.
- Headquarter Shanghai, China
- Employees 1020 as on 31 Dec, 2024
- Founders Yifan Li, Shaoqing Xiang, Kai Sun
- Stage Public
-
Sectors
TechnologyTransportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Hesai Group Sponsored Adr
-
Annual Revenue
$288.62 M (USD)8.95as on Dec 31, 2024
-
Net Profit
-$14.23 M (USD)78.83as on Dec 31, 2024
-
EBITDA
-$48.52 M (USD)32.84as on Dec 31, 2024
-
Total Equity Funding
$598.93 M (USD)
in 6 rounds
-
Latest Funding Round
$70 M (USD), Series D
Nov 16, 2021
-
Investors
Meituan
& 17 more
-
Employee Count
1020
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Hesai Technology
Hesai Technology is a publicly listed company on the NASDAQ with ticker symbol HSAI in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Hesai Technology
Unlock access to complete
Funding Insights of Hesai Technology
Hesai Technology has successfully raised a total of $598.93M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $70 million completed in November 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.
Investors in Hesai Technology
Hesai Technology has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Meituan, Xiaomi and ON Semiconductor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Global private equity investments are managed with long-term focus.
|
Locked | Locked | Locked | |
|
Venture capital investments are directed toward multiple sectors.
|
Locked | Locked | Locked | |
|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
|
Locked | Locked | Locked |
Investor details for Hesai Technology
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Hesai Technology
Investment portfolio details for Hesai Technology
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Hesai Technology
Detailed financials for Hesai Technology
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Hesai Technology Comparisons
Peer comparison for Hesai Technology
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Hesai Technology
Hesai 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 Ouster, Innoviz, Luminar Technologies, LeddarTech and AEye, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Developer of LiDAR-based sensors
|
|
| Locked | Locked | Locked |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles
|
|
| Locked | Locked | Locked |
LiDAR-based sensors for autonomous vehicles are developed.
|
|
| Locked | Locked | Locked |
Developer of raw data fusion and perception software for automotive ADAS/AD
|
|
| Locked | Locked | Locked |
AI and cloud-enabled solutions for automotive sensors are provided.
|
|
| Locked | Locked | Locked |
AI-driven LiDAR sensing solutions are provided for detection and tracking.
|
Detailed competitors of Hesai Technology
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Hesai Technology
Complete news archive for Hesai Technology
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hesai Technology
Hesai Technology was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Hesai Technology is headquartered in Shanghai, China.
Yifan Li is the current CEO of Hesai Technology. They have also founded this company.
Hesai Technology is a funded company, having raised a total of $598.93M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Hesai Technology is 1,020.
Annual revenue of Hesai Technology is $288.62M as on Dec 31, 2024.
Hesai Technology was founded in 2014 in Shanghai, China, focusing on LiDAR sensors for autonomous systems. Mechanical and solid-state LiDAR units are produced, alongside sensing kits that combine cameras, LiDAR, and processing for calibration and synchronization. A laser methane leak detector and drone-based natural gas monitoring system are provided for energy uses. Operations extend to logistics, robotics, automotive, and industrial fields.
Hesai Technology's top competitors include Ouster, Innoviz and Luminar Technologies.
Yes, Hesai Technology is publicly traded on NASDAQ under the ticker symbol HSAI.
Hesai Technology has 18 investors. Key investors include Meituan, Xiaomi, ON Semiconductor, Bosch, and Lightspeed Venture Partners.
The ticker symbol of Hesai Technology is HSAI on NASDAQ.
The valuation of Hesai Technology is $2B as of Jun 2021.