# QST Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qst

- Industry: Hardware
- Headquarters: Shanghai, China
- Website: www.qstcorp.com
- Total disclosed funding: $49M
- Latest round: Series B (Apr 2, 2020)
- Investors on record: 10

## About

QST Corporation is engaged in providing advanced semiconductor solutions, focusing on high-performance integrated circuit designs and manufacturing for various industries including communications, automotive, and consumer electronics.Founded in 2012 in Shanghai, China, QST Corporation specializes in semiconductor solutions and has undergone strategic developments to enhance its product offerings. The company has engaged in 5 deals, with the most recent deal occurring on February 26, 2021, when it raised CNY 350.000 mn in a Series B funding round led by several investors. The company was founded by ? ?, whose background in technology has influenced its growth trajectory.QST Corporation specializes in advanced semiconductor solutions, offering high-performance integrated circuit designs and manufacturing tailored for communications, automotive, and consumer electronics sectors. Their products are designed to improve efficiency and reliability, addressing needs in data processing and energy consumption, serving a diverse range of clients from OEMs to technology firms across Asia and select North American and European markets.QST Corporation's revenue model is primarily driven by B2B transactions, particularly through partnerships with manufacturers and technology integrators. The company engages in structured contracts that often include bulk orders of integrated circuits, which incorporate long-term supply agreements for consistent delivery. This pricing structure enables clients to benefit from volume discounts, thus optimizing their production costs, contributing to a stable revenue stream from high-demand sectors.QST Corporation plans to leverage recent funding from its Series B round to drive the development of new products and expand its market presence. The company is focused on launching innovative integrated circuit solutions in the upcoming years, with specific targets set for new market entries in Europe by 2023 and in North America by 2024. The funding raised in February 2021 will support these initiatives by facilitating research and development, as well as enhancing marketing strategies to penetrate these regions.

## Funding rounds

- Series B, Apr 2, 2020, $49M — Walden Catalyst, GP Capital, Jiuyou Fund, New Alliance Capital, Shanghai Lingang Capital, Jiangsu Runcheng
- Series B, Oct 22, 2018 — SDIC Venture Capital, Shanghai Lianhe Investment, MTM Capital, Chongqing Linkong Development Investment

## Investors

- SDIC Venture Capital (https://capitalatlas.ai/funds/sdic-venture-capital) — Series B
- Shanghai Lianhe Investment — Series B
- MTM Capital (https://capitalatlas.ai/funds/mtm-capital) — Series B
- Chongqing Linkong Development Investment — Series B
- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series B
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series B
- Jiuyou Fund (https://capitalatlas.ai/funds/jiuyou-fund) — Series B
- New Alliance Capital (https://capitalatlas.ai/funds/new-alliance-capital) — Series B
- Shanghai Lingang Capital — Series B
- Jiangsu Runcheng — Series B