JOYNEXT

Dresden, Germany Founded: 2020 • Age: 6 yrs
Provider of AR, software hardware development, system integration and cyber security services

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
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website joynext.com/de
  • Social LinkedIn X Facebook
  • Legal Name Joynext Gmbh
Key Metrics
  • Annual Revenue
    $431.76 M (USD)
    -2
    as on Dec 31, 2019
  • Net Profit
    $15.77 M (USD)
    126
    as on Dec 31, 2019
  • Total Equity Funding
    $106M (USD)

    in 1 rounds

  • Latest Funding Round
    $106M (USD), Series D

    Oct 2020

  • Investors
    SDIC

    & 3 more

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 $106M
  • Total Rounds 1
  • Last Round Series D β€” $106M
  • First Round $106M

    (Oct 2020)

  • Investors Count 4

All 1 funding rounds of JOYNEXT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2020$106MSeries D–SDIC
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment in IT industry startups is facilitated by F&G Venture.
2014fgventure.comChina
Cathay Capital is engaged in global investment and transformation.
–cathaycapital.comParis, France
Investment holding company
1995sdic.com.cnBeijing, China
-
–gaofacable.com-
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Investor details for JOYNEXT

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  • Round participation
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People of JOYNEXT

1 people are tracked at JOYNEXT (1 in leadership).

NameRoleGroup
Kevin Liu
Co-CEOLeadership
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Complete people profiles for JOYNEXT

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  • Team structure
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Timeline of JOYNEXT

2 dated milestones of JOYNEXT, from founding to its latest funding, stage changes and deals.

  1. Founded JOYNEXT is founded.
  2. Funding First funding round of $106.0M.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
nng.com2004Budapest, Hungary––
White-label connected car navigation and infotainment solutions are provided.
pateo.com.cn2009Shanghai, China$638.88M–
Saas & AI enabled infotainment solutions for connected vehicles
borqs.com2007Santa Clara, United States$32.57M612
Borqs is recognized as a global leader in IoT solutions.
randmcnally.com1856Chicago, United States–179
Commercial Transportation, Travel & Mobile Resource Management
alpine.com1967Melbourne, Australia––
Car audio and navigation/infotainment systems are developed by Alpine.
carbit.com.cn2014Beijing, China$9.16M–
In-vehicle infotainment systems and driving apps are provided.
nonda.co2014Palo Alto, United States––
Developer of connected car devices and related car expense saving services
kenwood.com1961Hampshire, United States––
Manufacturer of audio products for automobiles & personal use
promptu.com2000Menlo Park, United States$52.89M10
Provider of voice recognition and natural language understanding technology
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Detailed competitors of JOYNEXT

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  • Operating metrics
  • Benchmarks
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Web traffic of JOYNEXT

The website of JOYNEXT (joynext.com) receives about 34.1K visits a month.

  • Monthly visits
    34.1K

    ▼ 2.3% vs previous month

Similar websites

Websites whose visitors overlap most with JOYNEXT. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details
linkedin.com
84%
1.9B#18View details

Latest news on Joynext

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Complete news archive for JOYNEXT

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  • Source and publication date
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  • Brand-specific news history

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Similar companies to JOYNEXT

10 companies that operate in the same segment as JOYNEXT (Automotive Manufacturing & Components), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of infotainment and audio solutions for multiple sectors
1980Stamford, Connecticut, United States–––
Manufacturer of gas-powered construction equipment
1919United States–USD 1.21 B5,230
Electrical and electronic parts for automobiles are provided by SEDEMAC.
2007Pune, Maharashtra, IndiaUSD 26.22 MUSD 32.69 M415
Manufacturer of forklifts, warehouse equipment and other industrial trucks
2006GermanyUSD 587.14 MUSD 13.28 B42,720
Automobiles and related products are manufactured by Volvo Cars.
1927Goteborg, Vastra Gotaland, SwedenUSD 1.07 BUSD 38.79 B42,600
Motor vehicles and parts are manufactured, imported, distributed, and sold.
1994Irvine, California, United States–USD 79.03 B35,750
Automotive manufacturing company
1916Munchen, Bayern, Germany–USD 156.8 B–
Rechargeable batteries are distributed globally by BYD.
1994Los Angeles, California, United States––269
Automotive vehicles including cars, trucks, and SUVs are manufactured.
1957Plano, Texas, United States–––
Motorcycles are manufactured, along with parts, apparel, and financial services.
1903Milwaukee, Wisconsin, United States–USD 4.47 B5,900
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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 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's top competitors include Borqs, PATEO and NNG.

JOYNEXT has 4 investors. Key investors include SDIC, F&G Venture, Cathay Capital, and Ningbo Gaofa Automobile Control System.

JOYNEXT operates through Joynext Gmbh.

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