About Hunan Lingxiang Maglev Technology
Hunan Lingxiang Maglev Technology is a company based in Changsha (China) founded in 2016.. Hunan Lingxiang Maglev Technology has raised $13.9 million across 1 funding round from investors including Cornerstone Capital Holdings and Hunan High-tech Venture Capital Group. Hunan Lingxiang Maglev Technology operates in a competitive market with competitors including Siemens, Humatics, Advanced Rail Controls, sTraffic and Septentrio, among others.
- Headquarter Changsha, China
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Sectors
Transportation, Automotive & Logistics
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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
$13.9 M (USD)
in 1 rounds
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Latest Funding Round
$13.9 M (USD), Series B
Feb 04, 2024
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Investors
Cornerstone Capital Holdings
& 1 more
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Employee Count
Employee Count
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Funding Insights of Hunan Lingxiang Maglev Technology
Hunan Lingxiang Maglev Technology has successfully raised a total of $13.9M through 1 strategic funding round. The most recent funding activity was a Series B round of $13.9 million completed in February 2024. 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 1
- Last Round Series B — $13.9M
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First Round
First Round
(04 Feb 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - Hunan Lingxiang Maglev 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 Hunan Lingxiang Maglev Technology
Hunan Lingxiang Maglev Technology has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cornerstone Capital Holdings and Hunan High-tech Venture Capital Group. 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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A diversified holding company focused on industrial and aerospace investments.
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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 Hunan Lingxiang Maglev 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 - Hunan Lingxiang Maglev 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 |
Hunan Lingxiang Maglev Technology Comparisons
Competitors of Hunan Lingxiang Maglev Technology
Hunan Lingxiang Maglev 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 Siemens, Humatics, Advanced Rail Controls, sTraffic and Septentrio, 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 |
Industrial software is developed for automation, electrification, and digitalization solutions.
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| domain | founded_year | HQ Location |
Control systems for collaborative robots in human environments are developed.
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| domain | founded_year | HQ Location |
PCB, multilayer, and electronic repair services are provided.
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| domain | founded_year | HQ Location |
Integrated solutions are provided for rail and road transport operators.
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| domain | founded_year | HQ Location |
High-precision GNSS receivers and positioning solutions are provided.
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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 Hunan Lingxiang Maglev Technology
Frequently Asked Questions about Hunan Lingxiang Maglev Technology
When was Hunan Lingxiang Maglev Technology founded?
Hunan Lingxiang Maglev Technology was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is Hunan Lingxiang Maglev Technology located?
Hunan Lingxiang Maglev Technology is headquartered in Changsha, China. It is registered at Changsha, Hunan, China.
Who is the current CEO of Hunan Lingxiang Maglev Technology?
Haijian Li is the current CEO of Hunan Lingxiang Maglev Technology.
Is Hunan Lingxiang Maglev Technology a funded company?
Hunan Lingxiang Maglev Technology is a funded company, having raised a total of $13.9M across 1 funding round to date. The company's 1st funding round was a Series B of $13.9M, raised on Feb 04, 2024.
What does Hunan Lingxiang Maglev Technology do?
Provider of intelligent maintenance equipment and control systems for the rail transportation industry. The company is involved in research, development, and product manufacturing of various range of products including F-rail inspection instruments, contact rail inspection instruments, and suspension control systems for high-speed maglev trains.
Who are the top competitors of Hunan Lingxiang Maglev Technology?
Hunan Lingxiang Maglev Technology's top competitors include Siemens, Humatics and Advanced Rail Controls.
Who are Hunan Lingxiang Maglev Technology's investors?
Hunan Lingxiang Maglev Technology has 2 investors. Key investors include Cornerstone Capital Holdings, and Hunan High-tech Venture Capital Group.