Sunsea

Shenzhen, China Founded: 1994 • Age: 32 yrs
ICT solutions are developed via RD for telecom operators.
Annual revenue $406.9M Latest available
Total funding $3.9M 2 rounds
Employees 1 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Sunsea

Sunsea is a company based in Shenzhen (China) founded in 1994. Sunsea has raised $3.93 million across 2 funding rounds from investors including Redstar Macalline and Warburg Pincus. The company has 1 employees as of July 01, 2024. Sunsea operates in a competitive market with competitors including Calix, NEC, Ericsson, Mavenir and CommScope, among others.

  • Headquarter Shenzhen, China
  • Employees 1 as on 01 Jul, 2024
  • Stage Public
  • Sectors
    Telecommunications
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
    Locked
  • Legal Name Sunsea Aiot Technology Co., Ltd. Class A
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $406.88 M (USD)
    5.24
    as on Dec 31, 2024
  • Net Profit
    -$18.32 M (USD)
    63.31
    as on Dec 31, 2024
  • EBITDA
    $20.96 M (USD)
    0
    as on Dec 31, 2024
  • Total Equity Funding
    $3.93 M (USD)

    in 2 rounds

  • Latest Funding Round
    $227 M (USD), Post-IPO

    Nov 29, 2017

  • Investors
  • Employee Count
    1

    as on Jul 01, 2024

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IPO & Listings of Sunsea

Sunsea is a publicly listed company on the SZSE with ticker symbol 002313 in China, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: SZSE · Ticker: 002313 · Sector: Electronic technology · China

Funding Insights of Sunsea

Sunsea has successfully raised a total of $3.93M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $227 million completed in November 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.

Investors in Sunsea

Sunsea has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Redstar Macalline and Warburg Pincus.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
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Home furniture and lifestyle products are retailed across Chinese malls.
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Investor details for Sunsea

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Investments & Acquisitions by Sunsea

Investments
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Investment portfolio details for Sunsea

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Financial Statements - Sunsea

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Detailed financials for Sunsea

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Sunsea Comparisons

Sunsea Primary company
Description
ICT solutions are developed via R&D for telecom operators.
Location
Shenzhen, China
Founded Year
1994
Annual Revenue
$406.88 M (USD)
Net Profit
-$18.32 M (USD)
EBITDA
$20.96 M (USD)
Employees
1
As of 2024
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Peer comparison for Sunsea

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Competitors of Sunsea

Sunsea 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 Calix, NEC, Ericsson, Mavenir and CommScope, among others.

Company Name Domain Founded year HQ Location Description
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Communication equipment and software solutions are provided for broadband access.
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Cloud-based IT and networking solutions are provided globally.
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Telecom equipment and software solutions are provided for networks.
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Multi-access edge networking computing platform is provided for mobile services.
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Fiber-optic and wireless infrastructure products provider
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Cloud-based enterprise networking and firewall solutions are delivered.
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Detailed competitors of Sunsea

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Latest news on Sunsea

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Complete news archive for Sunsea

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Frequently Asked Questions about Sunsea

Sunsea was founded in 1994 and raised its 1st funding round 9 years after it was founded.

Sunsea is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.

Sunsea is a funded company, having raised a total of $3.93M across 2 funding rounds to date.

As of Jul 01, 2024, the latest employee count at Sunsea is 1.

Annual revenue of Sunsea is $406.88M as on Dec 31, 2024.

Sunsea Communication Technology was established in 1994 in Shenzhen, China, as a high-tech enterprise focused on the ICT sector. RD efforts are directed toward creating products for telecom operators, network integrators, and data center operators. Capabilities extend to FTTx systems, optic components, and cables. The company is listed on the Shenzhen SME board and serves as a major supplier of ICT network infrastructures in China.

Sunsea's top competitors include Mavenir, Actelis and Ericsson.

Yes, Sunsea is publicly traded on SZSE under the ticker symbol 002313.

Sunsea has 2 investors. Key investors include Redstar Macalline, and Warburg Pincus.

The ticker symbol of Sunsea is 002313 on SZSE.

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