About JOYNEXT
JOYNEXT is a company based in Dresden (Germany) founded in 2020. JOYNEXT has raised $106 million across 1 funding round from investors including SDIC, F&G Venture and Cathay Capital. JOYNEXT operates in a competitive market with competitors including NNG, PATEO, Borqs, Rand McNally and Alpine, among others.
- Headquarter Dresden, Germany
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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 Joynext Gmbh
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Annual Revenue
$431.76 M (USD)-2as on Dec 31, 2019
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Net Profit
$15.77 M (USD)126as on Dec 31, 2019
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EBITDA
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Total Equity Funding
$106 M (USD)
in 1 rounds
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Latest Funding Round
$106 M (USD), Series D
Oct 02, 2020
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Investors
SDIC
& 3 more
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Employee Count
Employee Count
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Funding Insights of JOYNEXT
JOYNEXT has successfully raised a total of $106M through 1 strategic funding round. The most recent funding activity was a Series D round of $106 million completed in October 2020. 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 D — $106.0M
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First Round
First Round
(02 Oct 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series D - JOYNEXT | Valuation | SDIC |
Investors in JOYNEXT
JOYNEXT has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include SDIC, F&G Venture and Cathay Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in IT industry startups is facilitated by F&G Venture.
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Founded Year | Domain | Location | |
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Cathay Capital is engaged in global investment and transformation.
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Founded Year | Domain | Location | |
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Investment holding company
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Founded Year | Domain | Location |
Investments & Acquisitions by JOYNEXT
Financial Statements - JOYNEXT
Joynext Comparisons
Competitors of JOYNEXT
JOYNEXT 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 NNG, PATEO, Borqs, Rand McNally and Alpine, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
White-label connected car navigation and infotainment solutions are provided.
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| domain | founded_year | HQ Location |
Saas & AI enabled infotainment solutions for connected vehicles
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| domain | founded_year | HQ Location |
Borqs is recognized as a global leader in IoT solutions.
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| domain | founded_year | HQ Location |
Commercial Transportation, Travel & Mobile Resource Management
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| domain | founded_year | HQ Location |
Car audio and navigation/infotainment systems are developed by Alpine.
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| domain | founded_year | HQ Location |
In-vehicle infotainment systems and driving apps are provided.
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Latest news on Joynext
Frequently Asked Questions about JOYNEXT
JOYNEXT was founded in 2020.
JOYNEXT is headquartered in Dresden, Germany. It is registered at Dresden, Saxony, Germany.
Kevin Liu is the current CEO of JOYNEXT.
JOYNEXT is a funded company, having raised a total of $106M across 1 funding round to date. The company's 1st funding round was a Series D of $106M, raised on Oct 02, 2020.
Annual revenue of JOYNEXT is $431.76M as on Dec 31, 2019.
JOYNEXT was established in 2020 in Dresden, Germany, within the technology sector. Augmented reality solutions, software and hardware development, system integration, and cybersecurity services are delivered by the company. Operations focus on these areas to support clients in digital transformation. The firm is led by co-CEO Kevin Liu, with activities centered in Europe.
JOYNEXT has 4 investors. Key investors include SDIC, F&G Venture, Cathay Capital, and Ningbo Gaofa Automobile Control System.