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Qianxun - About the company

Qianxun is a series B company based in Shanghai (China), founded in 2015. It operates as a Provider of satellite-based positioning system solutions. Qianxun has raised $141M in funding from SIG and Industrial And Commercial Bank Of China, with a current valuation of $2.24B. The company has 710 active competitors, including 61 funded and 35 that have exited. Its top competitors include companies like TomTom, Xona Space Systems and NextNav.

Sectors and market segments that Qianxun operate in

Qianxun serves in the High Tech market segments.The primary business model of Qianxun are:

Company Details

Provider of satellite-based positioning system solutions. It uses cloud computing and big data technologies to build a platform for location-based high-precision services. It can be used for different service providers such as O2O, logistics, and smartwatch applications.
Email ID
*****@qxwz.com
Phone Number
+86 **********
Key Metrics
Founded Year
2015
Location
Shanghai, China
Stage
Series B
Total Funding
$141M in 2 rounds
Post Money Valuation
$2.24B as on Aug 19, 2024
Investors
Ranked
Employee Count
298 as on May 31, 2026
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Qianxun's funding and investors

Qianxun has raised a total funding of $141M over 2 rounds. Its first funding round was on Oct 18, 2019. Its latest funding round was a Series B round on Feb 28, 2026 for an undisclosed amount. 3 investors participated in its latest round. Qianxun has 7 institutional investors.

Here is the list of recent funding rounds of Qianxun:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 28, 2026
Undisclosed
Series B
-
-
-
Oct 18, 2019
$141M
Series A
$1.83B
-
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Qianxun's founders and board of directors

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Qianxun's employee count trend

Qianxun has 298 employees as of May 26. Here is Qianxun's employee count trend over the years:
Employee count trend for Qianxun
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Qianxun's Competitors and alternates

Top competitors of Qianxun include TomTom, Xona Space Systems and NextNav. Here is the list of Top 10 competitors of Qianxun, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TomTom
TomTom
1991, Amsterdam (Netherlands), Public
Provider of maps, navigation software, traffic data, and location technology
-
73/100
2nd
Logo for Xona Space Systems
Xona Space Systems
2019, Burlingame (United States), Series C
Developer of positioning, navigation, and timing infrastructure for connected systems
$320M
66/100
3rd
Logo for NextNav
NextNav
2008, Sunnyvale (United States), Public
Provider of an indoor positioning solution for enterprises
$284M
65/100
4th
Logo for Kinexon
Kinexon
2012, Munich (Germany), Series A
Provider of real-time location systems for industrial automation and operations
$130M
63/100
5th
Logo for Point One Navigation
Point One Navigation
2016, San Francisco (United States), Series C
Provider of precision location technology, including RTK network and positioning engine
$72.5M
62/100
6th
Logo for What3words
What3words
2013, London (United Kingdom), Series C
Developer of a solution to find and share locations
$231M
62/100
7th
Logo for Fixposition
Fixposition
2017, Schlieren (Switzerland), Seed
Provider of positioning services for multiple applications
$9.35M
59/100
8th
Logo for Swift Navigation
Swift Navigation
2012, San Francisco (United States), Series E
Provider of precise positioning solutions for automotive, mobile, and mass markets
$250M
59/100
9th
Logo for Aeron Systems
Aeron Systems
2008, Pune (India), Series A
Developer of inertial navigation systems and industrial internet of things
$1.85M
58/100
10th
Logo for Focal Point Positioning
Focal Point Positioning
2015, Cambridge (United Kingdom), Series C
Provider of AI-based software to increase the accuracy of GNSS in devices
$69.2M
57/100
11th
Logo for Qianxun
Qianxun
2015, Shanghai (China), Series B
Provider of satellite-based positioning system solutions
$141M
57/100
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Qianxun's Investments and acquisitions

Qianxun has made no investments or acquisitions yet.

News related to Qianxun

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Media has covered Qianxun for a total of 4 events in the last 1 year.
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