About HiRain Technologies
HiRain Technologies is a company based in Beijing (China) founded in 1998.. HiRain Technologies has raised $29.66 million across 2 funding rounds from investors including CITIC, China Renaissance Group and SAIC Capital. The company has 7,330 employees as of December 31, 2024. HiRain Technologies operates in a competitive market with competitors including Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others.
- Headquarter Beijing, China
- Employees 7330 as on 31 Dec, 2024
- Stage Public
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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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- Legal Name Beijing Jingwei Hirain Technologies Co., Inc. Class A
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Annual Revenue
$754.86 M (USD)18.27as on Dec 31, 2024
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Net Profit
$-75.39 M (USD)-153.3as on Dec 31, 2024
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EBITDA
$-63.58 M (USD)-72.11as on Dec 31, 2024
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Total Equity Funding
$29.66 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
CITIC
& 7 more
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Employee Count
7330
as on Dec 31, 2024
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IPO & Listings of HiRain Technologies
HiRain Technologies is a publicly listed company on the SSE with ticker symbol 688326 in China, 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.
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Funding Insights of HiRain Technologies
HiRain Technologies has successfully raised a total of $29.66M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(30 Jun 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series B - HiRain Technologies | Valuation | SAIC Capital , GAC Capital |
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| Jun, 2020 | Amount | Series B - HiRain Technologies | Valuation | China Renaissance Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 HiRain Technologies
HiRain Technologies has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include CITIC, China Renaissance Group and SAIC 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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Founded Year | Domain | Location | |
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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 HiRain Technologies
| 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 - HiRain Technologies
| 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 |
Hirain Technologies Comparisons
Competitors of HiRain Technologies
HiRain Technologies 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 Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, 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 |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Electrical and electronic parts for automobiles are provided by SEDEMAC.
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive components and systems are manufactured for vehicles.
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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 Hirain Technologies
Frequently Asked Questions about HiRain Technologies
When was HiRain Technologies founded?
HiRain Technologies was founded in 1998 and raised its 1st funding round 22 years after it was founded.
Where is HiRain Technologies located?
HiRain Technologies is headquartered in Beijing, China.
Who is the current CEO of HiRain Technologies?
Yingcun Ji is the current CEO of HiRain Technologies.
Is HiRain Technologies a funded company?
HiRain Technologies is a funded company, having raised a total of $29.66M across 2 funding rounds to date. The company's 1st funding round was a Series B of $29.66M, raised on Jun 30, 2020.
How many employees does HiRain Technologies have?
As of Dec 31, 2024, the latest employee count at HiRain Technologies is 7,330.
What is the annual revenue of HiRain Technologies?
Annual revenue of HiRain Technologies is $754.86M as on Dec 31, 2024.
What does HiRain Technologies do?
Founded in 1998 and based in Beijing, China, Hirain Technologies operates in the automotive electronics sector. Electronic components, including adaptive headlamp control systems, electric power steering units, driver assistance sensors, body controllers, and powertrain systems, are manufactured, supplied, and exported to original equipment manufacturers. Products support cars and commercial vehicles, with clients such as General Motors, Ford, and Jaguar Land Rover served.
Who are the top competitors of HiRain Technologies?
Is HiRain Technologies publicly traded?
Yes, HiRain Technologies is publicly traded on SSE under the ticker symbol 688326.
Who are HiRain Technologies's investors?
HiRain Technologies has 8 investors. Key investors include CITIC, China Renaissance Group, SAIC Capital, GAC Capital, and BAIC Group Industrial Investment.
What is HiRain Technologies's ticker symbol?
The ticker symbol of HiRain Technologies is 688326 on SSE.
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