Yeestor
Latest round
- Series B
Last raised
- Oct 2020
Total raised
- $48M
Investors
- 17
About Yeestor
Founded in 2017 and headquartered in Shenzhen, China, Yeestor develops AI storage solutions. The company has undergone strategic shifts to focus on advanced semiconductor technologies. Dawei Wu, the founder and CEO, has a background in technology and innovation.Yeestor specializes in AI storage chips, aiming to enhance data efficiency by enabling every bit of data to generate greater intelligence. Their core offerings focus on AI-driven semiconductor technology for data storage solutions across several applications, including cloud computing, artificial intelligence systems, and big data analytics.Yeestor generates revenue through a B2B model, selling AI storage chips directly to technology companies and data centers. They typically enter long-term contracts with clients, defining pricing structures based on volume and service agreements. Clients may commit to purchasing specific quantities over time, ensuring predictable revenue streams.Looking ahead, Yeestor aims to launch new products designed to meet the evolving needs of the data storage market. The company is targeting expansion into new geographic regions, particularly in North America and Europe, by the end of 2023. Yeestor's strategy includes bolstering its technological capabilities and operational outreach to solidify its position in the semiconductor industry.
Who invested in Yeestor
17 investors across 3 rounds
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Questions about Yeestor
Who invested in Yeestor?
Yeestor has 17 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Yeestor raised?
Yeestor has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Yeestor last raise money?
Yeestor's most recent round on record is a Series B, in Oct 2020.
What does Yeestor do?
Founded in 2017 and headquartered in Shenzhen, China, Yeestor develops AI storage solutions.
Where is Yeestor headquartered?
Yeestor is headquartered in Shenzhen, China.
Which VCs invest in companies like Yeestor?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back hardware companies at Yeestor's stage. Their profiles are linked below.
VCs backing hardware startups at Series B
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