About Qidi Technology
Qidi Technology is a company based in Shanghai (China) founded in 2021 by Mike.. Qidi Technology has raised $28.84 million across 2 funding rounds from investors including Meridian Capital, Matrix Partners China and Joy Capital. Qidi Technology operates in a competitive market with competitors including XREAL, Magic Leap, Vuzix, RealWear and DigiLens, among others.
- Headquarter Shanghai, China
- Founders Mike
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Sectors
Technology
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Email
***********
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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
$28.84 M (USD)
in 2 rounds
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Latest Funding Round
$14.44 M (USD), Angel Round
Sep 16, 2022
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Investors
Meridian Capital
& 4 more
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Employee Count
Employee Count
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Funding Insights of Qidi Technology
Qidi Technology has successfully raised a total of $28.84M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $14.44 million completed in September 2022. 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 Angel Round — $14.4M
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First Round
First Round
(13 Sep 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Angel Round - Qidi Technology | Valuation |
investors |
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| Sep, 2022 | Amount | Angel Round - Qidi Technology | Valuation | Joy Capital , Matrix |
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| 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 Qidi Technology
Qidi Technology has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Meridian Capital, Matrix Partners China and Joy 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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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm focused on the technology, media & telecom sector
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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 Qidi 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 - Qidi 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 |
Qidi Technology Comparisons
Competitors of Qidi Technology
Qidi 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 XREAL, Magic Leap, Vuzix, RealWear and DigiLens, 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 |
Augmented-reality smart eyewear is offered by XREAL for device compatibility.
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| domain | founded_year | HQ Location |
Head-mounted virtual retinal displays for augmented reality viewing are provided.
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| domain | founded_year | HQ Location |
Smart glasses are provided for remote support and teleconferencing.
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| domain | founded_year | HQ Location |
Provider of wearable heads-up display for industrial workers
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| domain | founded_year | HQ Location |
Designs optical waveguide technology for HUD, AR and biometric applications
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| domain | founded_year | HQ Location |
AR-based platforms for industrial remote assistance 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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Frequently Asked Questions about Qidi Technology
When was Qidi Technology founded?
Qidi Technology was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Qidi Technology located?
Qidi Technology is headquartered in Shanghai, China.
Is Qidi Technology a funded company?
Qidi Technology is a funded company, having raised a total of $28.84M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $14.4M, raised on Sep 13, 2022.
What does Qidi Technology do?
Qidi Technology was founded in 2021 in Shanghai, China, focusing on the development of smart glasses for augmented reality (AR) and virtual reality (VR) sectors. Operations center on Vertical Integration Pattern technology to enable hands-free usage. Products are tailored for applications in Web 3.0 and the Metaverse, supporting immersive experiences across digital ecosystems. The company is led by founder Mike.
Who are the top competitors of Qidi Technology?
Qidi Technology's top competitors include RealWear, XREAL and Magic Leap.
Who are Qidi Technology's investors?
Qidi Technology has 5 investors. Key investors include Meridian Capital, Matrix Partners China, Joy Capital, Meridian Capital, and Matrix.
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