About Xunce Technology
Xunce Technology is a company based in Shenzhen (China) founded in 2016.. Xunce Technology has raised $109.18 million across 3 funding rounds from investors including Tencent, Goldman Sachs and CPE.
- Headquarter Shenzhen, China
- Stage Public
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Shenzhen Xunce Technology Co., Ltd. Class H
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Annual Revenue
$88.23 M (USD)16.9as on Dec 31, 2024
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Net Profit
$-11.73 M (USD)-49.15as on Dec 31, 2024
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EBITDA
$-12.84 M (USD)-32.58as on Dec 31, 2024
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Total Equity Funding
$109.18 M (USD)
in 3 rounds
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Latest Funding Round
$109.18 M (USD), Series C
May 26, 2021
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Investors
Tencent
& 5 more
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Employee Count
Employee Count
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IPO & Listings of Xunce Technology
Xunce Technology is a publicly listed company on the HKEX with ticker symbol 3317 in Hong Kong, operating in the Technology services 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 Xunce Technology
Xunce Technology has successfully raised a total of $109.18M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $109.18 million completed in May 2021. 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 3
- Last Round Series C — $109.2M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series C - Xunce Technology | Valuation | CPE , Tencent | |
| Jul, 2020 | Amount | Series B - Xunce Technology | Valuation | Goldman Sachs , Yunfeng Capital |
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| Apr, 2019 | Amount | Series A - Xunce Technology | Valuation | Goldman Sachs , Yunfeng Capital |
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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 Xunce Technology
Xunce Technology has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Goldman Sachs and CPE. 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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Acquisitions are targeted by CPE as a private equity firm.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Venture capital funding is provided across multiple sectors.
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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 Xunce 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 - Xunce 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 |
Xunce Technology Comparisons
Competitors of Xunce Technology
| 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 Xunce Technology
Frequently Asked Questions about Xunce Technology
When was Xunce Technology founded?
Xunce Technology was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Xunce Technology located?
Xunce Technology is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Is Xunce Technology a funded company?
Xunce Technology is a funded company, having raised a total of $109.18M across 3 funding rounds to date.
What is the annual revenue of Xunce Technology?
Annual revenue of Xunce Technology is $88.23M as on Dec 31, 2024.
What does Xunce Technology do?
Xunce Technology was founded in 2016 and is headquartered in Shenzhen, China. Operations are centered in the technology sector, where business risk management and data management services are delivered to clients. These services support risk assessment, compliance monitoring, and secure data handling for enterprises. The companys domain, xuncetech.com, facilitates online access to its offerings, with a focus on solutions tailored to the Chinese market and beyond.
Is Xunce Technology publicly traded?
Yes, Xunce Technology is publicly traded on HKEX under the ticker symbol 3317.
Who are Xunce Technology's investors?
Xunce Technology has 6 investors. Key investors include Tencent, Goldman Sachs, CPE, Taikang Life Insurance, and Greater Bay Area Homeland Investments.
What is Xunce Technology's ticker symbol?
The ticker symbol of Xunce Technology is 3317 on HKEX.