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Allystar logo — The Leading Provider of GNSS Chips and Solutions

Allystar

The Leading Provider of GNSS Chips and Solutions

Founded 2016 China Shenzhen, China 15 employees Series C Total: $100.00M Design

General Information

Company Name Allystar
Founded Year 2016
Location China Shenzhen, China +5
Employees 15
Industries Design
Funding Stage Series C
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About Allystar

Allystar Technology is a pioneering company in GNSS technology, committed to driving future possibilities with innovative solutions. Established in 2013 as a subsidiary of China Electronics Corporation (CEC), a top 500 enterprise, Allystar gained independence in 2016 as part of CEC's strategic relocation to the south. The company operates as a joint venture and has received significant investments from CEC, BAIC Group, SAIC Motor, Ningbo Bird, and Jinjia Group, with a substantial capital injection of 400 Million RMB. This strategic collaboration involves central enterprises, local state-owned entities, and private investors and has been officially recognized as a key enterprise by the People's Government of Shenzhen Municipality. The company received a CNY100.00M Series C investment on March 7, 2022, from TUS-Holdings, CDB Science and Technology Innovation, and the Greater Bay Area Homeland Development Fund. With its strong backing and focus on GNSS technology, Allystar is poised for significant growth and innovation in the industry.

Taxonomy: GNSS technology, chipsets design, joint venture, investment, China Electronics Corporation, Shenzhen, CEC, BAIC Group, SAIC Motor, Ningbo Bird, Jinjia Group, technology innovation, strategic relocation, capital investment, government recognition

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 3
Investor
•••• •••• 		07 Mar 2022
Series A •••••• 3
Investor
•••• •••• 		01 Nov 2019

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Allystar vs
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FAQ About Allystar

The Leading Provider of GNSS Chips and Solutions
Allystar was founded in 2016.
Allystar is headquartered in Shenzhen, China.
Allystar operates in the following industries: Design.
Allystar has approximately 15 employees.
Allystar has completed 2 funding rounds, raising a total of $100.00M. The latest funding stage is Series C.
Top alternatives and competitors to Allystar include Tsingmicro, Tsinghua Unigroup, PS QuickIT, KT CANADA CORP., Dvara Solutions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Allystar and Tsingmicro are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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