About Hongqing Technology
Hongqing Technology is a company based in Beijing (China) founded in 2017.. Hongqing Technology has raised $45.06 million across 2 funding rounds from investors including Tongyu Communication, Kunlun Capital and Yuexiu Capital.
- Headquarter Beijing, China
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Sectors
Aerospace, Defense & Maritime
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Phone
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45.06 M (USD)
in 2 rounds
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Latest Funding Round
$40.95 M (USD), Series A
Jan 23, 2025
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Investors
Tongyu Communication
& 2 more
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Employee Count
Employee Count
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Funding Insights of Hongqing Technology
Hongqing Technology has successfully raised a total of $45.06M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $40.95 million completed in January 2025. 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 A — $41.0M
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First Round
First Round
(31 Dec 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series A - Hongqing Technology | Valuation |
investors |
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| Dec, 2024 | Amount | Series A - Hongqing Technology | Valuation |
investors |
| 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 Hongqing Technology
Hongqing Technology has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Tongyu Communication, Kunlun Capital and Yuexiu 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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Kunlun Capital is involved in financial investment activities.
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Founded Year | Domain | Location | |
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Yuexiu Capital is engaged in financial services and asset management.
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Founded Year | Domain | Location | |
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Manufacturer of antennas and optical communication products
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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 Hongqing 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 - Hongqing 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 |
Hongqing Technology Comparisons
Competitors of Hongqing Technology
| 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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Frequently Asked Questions about Hongqing Technology
When was Hongqing Technology founded?
Hongqing Technology was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Where is Hongqing Technology located?
Hongqing Technology is headquartered in Beijing, China.
Is Hongqing Technology a funded company?
Hongqing Technology is a funded company, having raised a total of $45.06M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.11M, raised on Dec 31, 2024.
What does Hongqing Technology do?
Hongqing Technology was founded in 2017 and is based in Beijing, China. Operations focus on the satellite communications sector, where constellations are deployed to enable reliable connectivity. Communication services are offered to support various applications, including data transmission and broadband access. The companys domain, hongqingtechnology.tcc.mode, facilitates these technical integrations across targeted regions.
Who are Hongqing Technology's investors?
Hongqing Technology has 3 investors. Key investors include Tongyu Communication, Kunlun Capital, and Yuexiu Capital.