About Hesai Technology
Hesai Technology is a publicly listed company based in Shanghai (China) founded in 2014 by Yifan Li, Shaoqing Xiang, and Kai Sun. It operates as a liDAR-based sensors for autonomous vehicles and energy applications are developed. It operates in the Technology and Transportation, Automotive & Logistics sectors. Hesai Technology has raised $598.93 million across 6 funding rounds from investors including Meituan, Xiaomi and ON Semiconductor. The company has 270 employees. Hesai Technology was last valued at $2 billion in June 2021. Its chief executive is Yifan Li. Its website hesaitech.com draws about 56 thousand monthly visits. Its focus areas include Auto Tech, Autonomous Vehicles, Enabling Technologies and Perception. Its competitors include Ouster, Innoviz, Luminar Technologies, LeddarTech and AEye and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Shanghai, China
- Employees 270
- Founders Yifan Li, Shaoqing Xiang, Kai Sun
- Stage Public
- SectorsTechnologyTransportation, Automotive & Logistics
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website hesaitech.com
- Social LinkedIn X YouTube
- Legal Name Hesai Group Sponsored Adr
- Annual Revenue$421.17 M (USD)45.93as on Dec 31, 2025
- Net Profit$60.64 M (USD)0as on Dec 31, 2025
- EBITDA$15.46 M (USD)0as on Dec 31, 2025
- Total Equity Funding$598.93M (USD)
in 6 rounds
- Latest Funding Round$70M (USD), Series D
Nov 2021
- InvestorsMeituan
& 23 more
- Employee Count270
Apps and channels of Hesai Technology
its YouTube channel Hesai Technology has 1.54K subscribers and 30 videos.
Videos from Hesai Technology
The most watched videos on Hesai Technology's YouTube channel, Hesai Technology (1.54K subscribers). Click a video to play it here.
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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.
- Total Funding $598.93M
- Total Rounds 6
- Last Round Series D β $70M
- Investors Count 24
All 6 funding rounds of Hesai Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $70M | Series D | β | Xiaomi | β |
| Jun 2021 | $300M | Series D | $2B | Hillhouse, Xiaomi | |
| Jan 2020 | $173M | Series C | β | Bosch, Lightspeed Venture Partners | |
| May 2018 | $40M | Series B | β | Lightspeed China Partners, Baidu Ventures | β |
| May 2017 | $15.93M | Series A | β | PAGODA | |
| Jan 2015 | – | Seed | β | β |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $2B | β’β’β’β’β’β’β’β’ |
Last known valuation $2B (Jun 2021). 24 investors in total: 24 institutional.
Investors in Hesai Technology
Hesai Technology has secured backing from 24 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. | – | hillhouseinvestment.com | New York, United States | |
Venture capital investments are directed toward multiple sectors. | 2006 | qimingvc.com | Shanghai, China | |
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
- | – | dtcap.com | - | |
Private equity investments across Asia are managed by Axiom Asia. | – | axiomasia.com | Singapore, Singapore | |
Venture capital services are offered by Lightspeed China Partners in technology sectors focused on China. | – | lightspeedcp.com | - | |
- | – | thejiangmen.com | - | |
Seed and early stage tech and life sciences focused VC firm investing in companies in China | – | grainsvalley.com | Beijing, China | |
Private equity firm focused on acquisitions | – | pagodape.com | Beijing, China | |
Tech startups are funded by Yuanzhan Capital venture fund. | – | yuanzhancap.com | Irvine, United States |
Investor details for Hesai Technology
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People of Hesai Technology
50 people are tracked at Hesai Technology (14 in leadership, 36 in team); the tracked headcount is 270.
| Name | Role | Group |
|---|---|---|
Yifan Li | Co-Founder & CEO | Leadership |
Shaoqing Xiang | Co-Founder | Leadership |
Kai Sun | Co-Founder | Leadership |
Cindy Zheng | Director of HR and Operations (US & EU) | Leadership |
Li Yifan | CEO | Leadership |
Philip Pi | Director Of Software & Algorithms Department | Leadership |
Brandon Coontz | Head Of Sales - SPG Americas | Leadership |
Rachel Y. | Vice President Operations | Leadership |
Qingguo Yu | System Safety Chief Engineer | Leadership |
Junjie Yang | General Manager Of Guangzhou Hesai | Leadership |
Bob in den Bosch | Senior Vice President Of Global Sales | Leadership |
Xin Zhao | Senior Director | Leadership |
Tobias Leibfried | VP Of Sales EMEI | Spatial Perception Group | Leadership |
Tilman Gasche | VP Automotive Business | Leadership |
Chao WANG | Senior IP manager | Team |
Joy Zhang | General Counsel | Team |
Paul ZOU | Senior HR Manager & COE Expert | Team |
Yu Hua | Mechanical Engineer | Team |
旭 (Sirius) 李 | 标准化经理 Manager of Standardization | Team |
诗雨 赵 | Mechanical Engineer | Team |
30 more people are available in the full profile.
Complete people profiles for Hesai Technology
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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.
- IPO date09 Feb 2023
- Listed onNASDAQ: HSAI
- Listed entityHesai Group Sponsored ADR
- Exchange sectorProducer manufacturing
- ISINUS4280501085
- Share price$21.60 (-1.19% on the day) · 2026-05-11
- Market capitalisation$3.48B
- Price to earnings52.4
- EPS (diluted, trailing year)$0.41
- Volume (last session)1,299,082
- Analyst consensusStrong buy
Financials of Hesai Technology
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $421.2M | $60.6M | $15.5M |
| 2024 | $288.6M | -$14.2M | -$48.5M |
| 2023 | $264.9M | -$67.2M | -$72.2M |
| 2022 | $178.6M | -$44.7M | -$49.8M |
| 2021 | $111.8M | -$38.0M | -$41.0M |
Detailed financial statements for Hesai Technology
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Timeline of Hesai Technology
5 dated milestones of Hesai Technology across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Hesai Technology is founded.
- Funding First funding round.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series D, of $70.0M.
- IPO Lists on the stock exchange (IPO).
Competitors of Hesai Technology
Hesai Technology has 9 listed competitors in our database, 9 of them funded. They include Ouster, Innoviz, Luminar Technologies, LeddarTech and AEye, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ouster.com | 2002 | San Francisco, United States | $129M | 217 | Developer of LiDAR-based sensors | |
| innoviz.tech | 2016 | Rosh Haayin, Israel | $252M | – | Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | |
| luminartech.com | 2012 | Orlando, United States | $306M | 800 | LiDAR-based sensors for autonomous vehicles are developed. | |
| leddartech.com | 2007 | Quebec, Canada | $298.52M | – | Developer of raw data fusion and perception software for automotive ADAS/AD | |
| aeye.ai | 2013 | Pleasanton, United States | $76.79M | 131 | AI and cloud-enabled solutions for automotive sensors are provided. | |
| quanergy.com | 2012 | Sunnyvale, United States | $160M | – | AI-driven LiDAR sensing solutions are provided for detection and tracking. | |
| cepton.com | 2012 | San Francisco, United States | $50M | 103 | LiDAR-based positioning sensors for autonomous applications are developed. | |
| lumotive.com | 2016 | Bellevue, United States | $72M | 28 | Solid-state LiDAR sensors are developed with beam-steering technology. | |
| blickfeld.com | 2016 | Munich, Germany | $23.87M | 109 | LiDAR-based perception solutions are developed for autonomous vehicles. |
Detailed competitors of Hesai Technology
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Web traffic of Hesai Technology
The website of Hesai Technology (hesaitech.com) receives about 55.6K visits a month.
- Monthly visits55.6K
▲ 3.1% vs previous month
Websites whose visitors overlap most with Hesai Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| map4.jp | 100% | 4.4K | #3,257,969 | View details | |
livoxtech.com | livoxtech.com | 100% | – | #716,843 | β |
| slamtec.com | 96% | 65.5K | #458,333 | View details | |
| ouster.com | 96% | 102.9K | #331,950 | View details | |
| oxts.com | 96% | 39.5K | #824,263 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Hesai Technology
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Top companies in Sensors & Smart Devices
10 companies that operate in the same segment as Hesai Technology (Sensors & Smart Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Video streaming devices and platforms are provided by Roku. | 2008 | San Jose, California, United States | USD 213.56 M | USD 4.74 B | 4,473 | |
Provider of hardware and software for monitoring home energy consumption | 2010 | Palo Alto, California, United States | USD 80 M | – | – | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Related news about Hesai Technology
Complete news archive for Hesai Technology
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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. It is registered at Shanghai, 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.
Hesai Technology has 270 employees.
Annual revenue of Hesai Technology is $421.17M as on Dec 31, 2025.
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 24 investors. Key investors include Meituan, Xiaomi, ON Semiconductor, Bosch, and Lightspeed Venture Partners.
The valuation of Hesai Technology is $2B as of Jun 2021.