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
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sunsea Aiot Technology Co., Ltd. Class A
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.93 M (USD)
in 2 rounds
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Latest Funding Round
$227 M (USD), Post-IPO
Nov 29, 2017
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Investors
Redstar Macalline
& 1 more
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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.
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $227.0M
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First Round
First Round
(01 Nov 2003)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Post-IPO - Sunsea | Valuation |
investors |
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| Nov, 2003 | Amount | Series A - Sunsea | Valuation |
investors |
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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 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. 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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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Home furniture and lifestyle products are retailed across Chinese malls.
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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 Sunsea
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Sunsea
| 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 |
Sunsea Comparisons
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. 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 |
Communication equipment and software solutions are provided for broadband access.
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| domain | founded_year | HQ Location |
Cloud-based IT and networking solutions are provided globally.
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| domain | founded_year | HQ Location |
Telecom equipment and software solutions are provided for networks.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| domain | founded_year | HQ Location |
Fiber-optic and wireless infrastructure products provider
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| domain | founded_year | HQ Location |
Cloud-based enterprise networking and firewall solutions are delivered.
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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 Sunsea
Frequently Asked Questions about Sunsea
When was Sunsea founded?
Sunsea was founded in 1994 and raised its 1st funding round 9 years after it was founded.
Where is Sunsea located?
Sunsea is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Is Sunsea a funded company?
Sunsea is a funded company, having raised a total of $3.93M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.93M, raised on Nov 01, 2003.
How many employees does Sunsea have?
As of Jul 01, 2024, the latest employee count at Sunsea is 1.
What does Sunsea do?
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.
Who are the top competitors of Sunsea?
Is Sunsea publicly traded?
Yes, Sunsea is publicly traded on SZSE under the ticker symbol 002313.
Who are Sunsea's investors?
Sunsea has 2 investors. Key investors include Redstar Macalline, and Warburg Pincus.
What is Sunsea's ticker symbol?
The ticker symbol of Sunsea is 002313 on SZSE.
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