About Mobvoi
Mobvoi is a company based in Kowloon (China) founded in 2012 by Yuanyuan Li and Zhifei L.. Mobvoi has raised $190 million across 2 funding rounds from investors including Volkswagen China, SIG China and Sequoia Capital. Mobvoi operates in a competitive market with competitors including Fitbit, Omate, MorePro, Tomoon and Hey Plus, among others.
- Headquarter Kowloon, China
- Founders Yuanyuan Li, Zhifei L
- Stage Public
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Sectors
TechnologyRetail
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$190 M (USD)
in 2 rounds
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Latest Funding Round
$180 M (USD), Series D
Apr 07, 2017
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Investors
Volkswagen China
& 2 more
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Employee Count
Employee Count
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Funding Insights of Mobvoi
Mobvoi has successfully raised a total of $190M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $180 million completed in April 2017. 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 D — $180.0M
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First Round
First Round
(24 Feb 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Series D - Mobvoi | Valuation | Volkswagen China |
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| Feb, 2014 | Amount | Series B - Mobvoi | 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 Mobvoi
Mobvoi has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Volkswagen China, SIG China and Sequoia 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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Tech companies in China are invested in by SIG China.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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New energy vehicles are manufactured by Volkswagen China in Beijing.
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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 Mobvoi
| 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 - Mobvoi
| 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 |
Mobvoi Comparisons
Competitors of Mobvoi
Mobvoi 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 Fitbit, Omate, MorePro, Tomoon and Hey Plus, 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 |
Smartwatches and fitness trackers are provided for activity monitoring.
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| domain | founded_year | HQ Location |
Waterproof standalone smartwatches are designed for global connectivity.
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| domain | founded_year | HQ Location |
It serves as a provides suite of smartwatches and fitness trackers for.
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| domain | founded_year | HQ Location |
Tomoon develops innovative smart watches for everyday use.
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for smartwatches and smart bands to enhance user connectivity.
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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 Mobvoi
Frequently Asked Questions about Mobvoi
When was Mobvoi founded?
Mobvoi was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Mobvoi located?
Mobvoi is headquartered in Kowloon, China. It is registered at Kowloon, Hong Kong, China.
Who is the current CEO of Mobvoi?
Zhifei L is the current CEO of Mobvoi. They have also founded this company.
Is Mobvoi a funded company?
Mobvoi is a funded company, having raised a total of $190M across 2 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Feb 24, 2014.
What does Mobvoi do?
Mobvoi was founded in 2012 in Kowloon, China, as a developer in the AI technology sector. AI CoPilot experiences are provided through software and hardware solutions tailored for content creators, enterprises, and consumers. These include AI voiceover assistants, automotive voice interaction systems, and universal large language models. Personalized AI assistance is offered for various tasks across operations.
Who are Mobvoi's investors?
Mobvoi has 3 investors. Key investors include Volkswagen China, SIG China, and Sequoia Capital.
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