# Yeelight

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

- Industry: Electronics
- Headquarters: Qingdao, China
- Website: www.yeelight.com
- Total disclosed funding: $47M
- Latest round: Series E (Dec 29, 2021)
- Investors on record: 14

## About

Established in 2012 and based in Qingdao, China, Yeelight operates as an intelligent lighting developer that provides ceiling light, table lamp, mood lighting, lamp bulb and intelligent lighting control for consumers. Its products have won various awards such as the iF design award, Reddot award, iF gold design award, Good Design award and IDEA design award. In 2018, the company's desk lamp became the first to be awarded with German TÜV Eye-Comfort and Low Blue Content Certification, and its App reached 3 million users. In 2021, the company has more than 500 employees. At present, the company has laid out more than 200 stores nationwide.

The company business includes whole house lighting customization, blue sky lighting, consumer products, and commercial lighting. The Blue sky lamp adopts nanotechnology to scatter light on the panel through Rayleigh scattering, simulating the effect of blue sky. Its products are compatible with Apple HomeKit, Google Assistant, Amazon Alexa, Xiaomi Mijia and other major IoT smart platforms. It has shipped over 11 million products worldwide, covering over 100 countries and regions in the globe. The commercial lighting product line provides lighting solutions, system and intelligent solutions for hotels, real estate, offices and luxury residential places. Its consumer products are sold in online shopping malls such as JD and T-mall.

In 2022, the company plans to expand to more than 400 stores.

## Funding rounds

- Series E, Dec 29, 2021, $47M — China Everbright, Huatai Zijin Investment, Huaying Investment, Yichen Capital, Qingdao Science & Technology Innovation Capital, Shandong New Growth Drivers Fund Management
- Series C, Apr 10, 2020 — China Everbright, CITIC Goldstone Fund Management
- Series C, Nov 14, 2018 — GIC, Cathay Capital, Shunwei Capital, Lan Fund
- Seed, Sep 1, 2015 — SOSV
- Series A, Feb 1, 2014 — Shunwei Capital, Ruisheng Investment Management, Xiaomi Group
- Seed, Aug 31, 2013 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A, Series C
- Ruisheng Investment Management (https://capitalatlas.ai/funds/ruisheng-investment-management) — Series A
- Xiaomi Group — Series A
- GIC — Series C
- Cathay Capital — Series C
- Lan Fund (https://capitalatlas.ai/funds/lan-fund) — Series C
- China Everbright (https://capitalatlas.ai/funds/china-everbright) — Series C, Series E
- CITIC Goldstone Fund Management (https://capitalatlas.ai/funds/citic-goldstone-fund-management) — Series C
- Huatai Zijin Investment (https://capitalatlas.ai/funds/huatai-zijin-investment) — Series E
- Huaying Investment (https://capitalatlas.ai/funds/huaying-investment) — Series E
- Yichen Capital — Series E
- Qingdao Science & Technology Innovation Capital — Series E
- Shandong New Growth Drivers Fund Management (https://capitalatlas.ai/funds/shandong-new-growth-drivers-fund-management) — Series E