Shanghai Xindi Digital Technology

Shanghai Xindi Digital Technology

China's leading basic industrial software and industrial cloud software providers.

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Valuation: CNY7.0b

Series D
Total Funding000k

Financials

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Revenues, earnings & profits over time
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R&D budget0000

Source: Dealroom estimates

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More about Shanghai Xindi Digital Technology
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Shanghai Xindi Digital Technology Co., Ltd. is a Chinese industrial software provider specializing in 3D Computer-Aided Design (CAD) technology. The company was originally founded in Hangzhou in 2003 as Hangzhou Xindi Digital Engineering System Co., Ltd. by Dr. Ye Xiuzi and Peng Wei before relocating its headquarters to Shanghai. Dr. Ye, a distinguished scientist in the industrial software field, was a member of the founding team and served as the chief scientist at SolidWorks, a subsidiary of Dassault Systèmes, where he led the development of core geometric modeling algorithms. His extensive background in CAD/CAM technology, including his tenure as a professor at Zhejiang University, forms the technical foundation of the company.

The firm develops and delivers a range of software products and solutions centered around 3D CAD technology, catering to the product research and development design sector. Its client base spans various industries, including equipment manufacturing, automotive and rail transit, new energy, and high-tech electronics. The business model focuses on providing enterprise-level R&D design collaboration solutions that enable manufacturing clients to establish comprehensive digital product development systems. The company's product portfolio includes the flagship "Tiangong CAD" and the cloud-native "Tiangong Cloud CAD," which were developed by integrating acquired international 3D CAD technology with over a decade of in-house research. These products are designed to be compatible with major international CAD software, offering robust functionality and ease of use to improve design efficiency. Additionally, Xindi Digital offers several SaaS-based industrial cloud software options like "Tuzhitong," "3DSOURCE Parts Library," and a 3D lightweight engine, which serve millions of users and hundreds of thousands of industrial enterprises.

Financially, Xindi Digital is venture capital-backed, having completed multiple funding rounds, including a Series A in 2021, a Series C totaling 700 million RMB in 2022, and several Series D rounds in 2023. Its investors include notable firms such as China Life Investment Management Company, SoftBank China Capital, BYD, and Shanghai Guoxin Investment. The company has demonstrated significant growth and has been recognized as a high-tech enterprise, receiving various certifications and awards. In 2023, it played a key role in establishing China's first standard for lightweight 3D model and visualization formats and was selected as a "Specialized, Refined, and New" enterprise in Shanghai.

Keywords: 3D CAD software, industrial cloud software, computer-aided design, digital product development, R&D design solutions, enterprise software, SaaS, manufacturing technology, geometric modeling, digital twin, product lifecycle management, CAD/CAM, industrial software localization, 3D design collaboration, engineering software, Tiangong CAD, Ye Xiuzi, automotive design software, equipment manufacturing software, PLM solutions

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