# CICT Mobile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cict-mobile

- Industry: Telecoms
- Headquarters: Wuhan, China
- Total disclosed funding: $923M
- Latest round: Series B (Jul 9, 2021)
- Investors on record: 8

## About

Based in Wuhan, China and founded in 1998. CICT Mobile is a wireless integrated service provider. CICT Mobile has completed rounds of financing, totalling more than RMB 6 billion. The funds will be used in improving 5G technology and the investments of core products. The company was reorganized by Wuhan Academy of Posts and Telecommunications Research Institute in 2018. Besides, the company started the procedure of IPO in 2020. 

The company provides customers with mobile communication equipment, video monitoring and transmission system, public safety technical equipment, mobile value-added services and other services.

## Funding rounds

- Series B, Jul 9, 2021, $567M — East Lake Ventures, Yangtze River Industry Fund, Liantong Innovation Equity Investment Management, Hubei Integrated Circuit Industry Investment Fund, China Development Bank Capital, China Structural Reform Fund Co., Ltd., Guangzhou Yueyin Industry Investment Company
- Series A, Dec 1, 2020, $356M — Wuhan OVC Venture Capital

## Investors

- Wuhan OVC Venture Capital (https://capitalatlas.ai/funds/wuhan-ovc-venture-capital) — Series A
- East Lake Ventures (https://capitalatlas.ai/funds/east-lake-ventures) — Series B
- Yangtze River Industry Fund (https://capitalatlas.ai/funds/yangtze-river-industry-fund) — Series B
- Liantong Innovation Equity Investment Management (https://capitalatlas.ai/funds/liantong-innovation-equity-investment-management) — Series B
- Hubei Integrated Circuit Industry Investment Fund — Series B
- China Development Bank Capital — Series B
- China Structural Reform Fund Co., Ltd. — Series B
- Guangzhou Yueyin Industry Investment Company — Series B