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Yeelight logo — Yeelight, a world leading smart lighting Company invested by...

Yeelight

Yeelight, a world leading smart lighting Company invested by Xiaomi

Founded 2012 China Qingdao, China 12 employees Series E Total: $328.00M IoT, Manufacturing

General Information

Company Name Yeelight
Founded Year 2012
Location China Qingdao, China
Employees 12
Industries IoT, Manufacturing
Funding Stage Series E
Social

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About Yeelight

Yeelight Xiaomi is a leading smart lighting company that has received investments from Xiaomi.com (Serial A) and SOSventures (Seed Round). Since its founding in 2012, Yeelight has made significant strides in the smart lighting industry. From 2015 June to 2016, the company successfully shipped over 1 million units of smart bedside lamps, connected bulbs, and task lamps, positioning itself as a major innovator and fast-growing brand in the industry. Notably, all Yeelight products are compatible with other Xiaomi smart devices and smartphones. The company also holds Apple's iBeacon and Homekits certifications, catering to a significant user base of 50% iPhone users. With a focus on delivering top-tier lighting experiences, Yeelight boasts museum-level light quality and an array of attractive features. Leveraging online direct sales, the company effectively minimizes distribution costs, offering high-quality products at a lower cost to consumers. The team comprises experienced engineers and designers from renowned entities such as Germany lighting company ERCO, Telecom company Alcatel-lucent, and internet giants like Baidu.com from China. In its most recent financing round, Yeelight secured a CNY300.00M Series E investment on 29 December 2021, with contributions from prominent investors including Yichen Capital, Huaying, Everbright-IDG Industrial Fund, Qingdao Jufeng Science & Technology Venture Investment, Shandong New Kinetic Energy Capital, and Huatai Zijin Investment. Currently, the company is actively seeking individuals with strong backgrounds in sales, marketing, and branding to expand its presence in new markets. With its robust track record and strategic investments, Yeelight Xiaomi is poised for exciting growth and market expansion in the smart lighting sector.

Business keywords: smart lighting, Xiaomi, connected devices, smart home technology, innovation, quality lighting, online direct sales, Apple Homekits, iBeacon, engineering, marketing, branding, growth, startup investment

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series E CNY300.00M 7
Peak Valley Capital Yichen Capital Huaying
Peak Valley Capital, Yichen Capital +5
29 Dec 2021
Series C $28.00M 2
Everbright GoldStone Investment
Everbright, GoldStone Investment
16 Apr 2020
Series C Undisclosed 1
Shunwei Capital
Shunwei Capital
14 Nov 2018
Series A Undisclosed -
01 Jan 2014
Seed Round Undisclosed -
01 Jan 2013

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FAQ About Yeelight

Yeelight, a world leading smart lighting Company invested by Xiaomi
Yeelight was founded in 2012.
Yeelight is headquartered in Qingdao, China.
Yeelight operates in IoT and Manufacturing. Its work centres on smart lighting, Xiaomi, connected devices and smart home technology.
Yeelight has approximately 12 employees.
Yeelight has completed 5 funding rounds, raising a total of $328.00M. The latest funding stage is Series E.
Top alternatives and competitors to Yeelight include Aztech Global Ltd., Ottomate International, GM MODULAR. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Yeelight and Aztech Global Ltd. 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.

Source: BounceWatch company record for Yeelight, https://bouncewatch.com/company/yeelight-xiaomi, updated 14 January 2025. When citing, please name BounceWatch and link this page.

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