Xiaomi raises $1.1B Series D at $45B valuation
Xiaomi raised $1.1 billion in Series D funding at a $45 billion valuation.
Evidence notes
- All-Stars Investment led the round.
- DST Global, Hopu Investment Management, Yunfeng Capital and GIC participated.
- The financing came before Xiaomi's public listing and funded expansion of its consumer-technology platform.
Company context
Consumer electronics company producing smartphones, smart home devices, and IoT hardware at large scale. Operates an integrated hardware and software ecosystem with strong manufacturing and supply chain capabilities.