# Chengdu XGimi Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chengdu-xgimi-technology-co

- Industry: Hardware
- Headquarters: Chengdu, China
- Website: www.xgimi.com
- Total disclosed funding: $65M
- Latest round: Series C (Nov 20, 2017)
- Investors on record: 4

## About

Based in Chengdu, China, Chengdu XGimi Technology Co., Ltd. develops advanced projector technology, focusing on high-quality portable laser projectors that cater to diverse consumer and business needs.Founded in 2012 in Chengdu, China, Chengdu XGimi Technology Co., Ltd. specializes in projector technology. The company has successfully completed a total of 7 deals, with the latest funding round being an IPO on February 25, 2021, securing RMB 1,671.62 million. The CEO and founder, Bo Zhong, has a notable history in the tech sector, leading XGimi's innovations in portable projection systems.XGIMI specializes in the design and manufacture of advanced projector technology, particularly its portable laser projectors. The company’s flagship products include the MoGo series, with the latest MoGo 4 emphasizing user convenience and superior projection capabilities. XGIMI targets both individual consumers and corporate clients, providing versatile solutions for home theaters, outdoor events, and business presentations across North America, Europe, and parts of Asia.In the most recent fiscal year 2021, XGIMI reported a revenue of RMB 625,845,401.80 and an EBITDA of RMB 89,605,817.70. Their revenue model primarily focuses on direct sales of projectors to consumers and businesses, along with partnerships with retailers to broaden their market presence.Following their IPO in March 2021, where they raised RMB 1,671.62 million by selling shares on the Shanghai Stock Exchange, XGIMI plans to leverage this funding to introduce new products and expand into additional markets. Future product launches include enhanced versions of their projector line, aimed at increasing their market share in regions such as Southeast Asia and South America. The company is expected to use the capital raised to accelerate research and development efforts, ensuring timely releases in line with consumer demands.

## Funding rounds

- Series C, Nov 20, 2017 — Baidu Ventures
- Series B, Jun 23, 2015, $49M — Yize Capital
- Series A, Aug 4, 2014, $16M — CDF-Capital, Chengdu Science and Technology Venture Capital Group
- Angel, Jul 2, 2014 — CDF-Capital

## Investors

- CDF-Capital (https://capitalatlas.ai/funds/cdf-capital) — Angel, Series A
- Chengdu Science and Technology Venture Capital Group (https://capitalatlas.ai/funds/chengdu-science-and-technology-venture-capital-group) — Series A
- Yize Capital (https://capitalatlas.ai/funds/yize-capital) — Series B
- Baidu Ventures (https://capitalatlas.ai/funds/baidu-ventures) — Series C