# Quectel

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

- Industry: Telecoms
- Headquarters: Shanghai, China
- Website: www.quectel.com
- Total disclosed funding: $14M
- Latest round: Series A (Jul 14, 2015)
- Investors on record: 5

## About

Based in Shanghai, China and founded in 2010, Quectel Wireless Solutions Co., Ltd., trading as Quectel, operates as a communications technology company that focuses on the research and development of Internet of Things technology and the supply of wireless modules. It has R&D center in Hefei, Shanghai, Foshan, Guilin, Wuhan, and Malaysia, and has branches in Shenzhen, Canada, and New Belgrade. The chairman and CEO of the company, Penghe Qian graduated from Xidian University. In December 2025,?Quectel Wireless Solutions Co., Ltd.?raised?CNY 2.23 billion?in?PIPE funding.
The company mainly provides wireless module and internet of things technology and solutions. Products include cellular modules, vehicle-mounted front-end modules, smart modules, short-distance communication modules, GNSS positioning modules, and satellite communication modules. Cellular modules include 5G modules, 4G modules, 3G modules, 2G modules, and LPWA modules. Products are mainly used in vehicle-mounted and transportation, energy, security monitoring, smart cities, and medical fields.
The company generates revenue by providing wireless module and internet of things technology and solutions.

## Funding rounds

- Series A, Jul 14, 2015, $14M — Dingfeng Asset Management, Caixin Capital, Chuango Security Technology Corporation, EdgeWater Investments, Shanghai Xingzhi Venture Investment

## Investors

- Dingfeng Asset Management (https://capitalatlas.ai/funds/dingfeng-asset-management) — Series A
- Caixin Capital (https://capitalatlas.ai/funds/caixin-capital) — Series A
- Chuango Security Technology Corporation — Series A
- EdgeWater Investments — Series A
- Shanghai Xingzhi Venture Investment — Series A