Yeelight
Company

Last deal

$47.1M
Local Amount - CNY 300.M

Amount

Series E

Stage

29.12.2021

Date

5

all rounds

$75.1M

Total amount

General

About Company
Yeelight produces smart and wireless LED lighting products.

Industry

Sector :

Subsector :

founded date

01.01.2008

Number of employees

Company Type

For Profit

Last funding type

Series E

IPO status

Private

Description

The company, invested by Xiaomi.com and SOSventures, develops and manufactures smart LED lighting products that can be controlled using mobile phones and wearable devices. Yeelight has shipped over 1 million units of smart bedside lamps, connected bulbs, and task lamps since 2015, becoming a major innovator and fast-growing brand in the smart lighting industry. All products are connected and work with other Xiaomi smart devices and smartphones, and Yeelight has Apple's iBeacon and Homekits certifications. The team is composed of experienced engineers and designers from top companies, and the company aims to deliver the finest quality of lighting experience in the world with museum-level light quality and fancy features. By leveraging online direct sales, Yeelight minimizes the cost of distribution and offers high-quality products at a lower cost. The company is now seeking talents with strong sales, marketing, and branding backgrounds to expand into more markets.
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