Funding round
Hive Box Series B
Hive Box, which works in intelligent hardware manufacturing in Hong Kong, raised $323M in a Series B round announced on 1 Jan 2018. 1 firm took part. It is Hive Box's first venture round on record.
$323M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Hive Box did not disclose a valuation in this round. It is Hive Box's first venture round on record, 2 years after it was founded in 2016. It is 45% of the $723M Hive Box has raised in the venture rounds on record. Hive Box raised again 36 months later: a Series C round of $400M in Jan 2021, at $3.00B post-money.
Hive Box's funding rounds
Hive Box has 2 venture rounds on record. This one is highlighted.
- Series B this round 1 Jan 2018 $323M
- Series C 1 Jan 2021, led by Asia Forge (Cayman) $400M$3.00B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- SF Express new investor
Comparable rounds
How it compares
432 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $17M, and this round was 19 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 18 Jan 2018 | $75M | not disclosed | Molten Ventures |
| Tech Companies | 24 Jan 2018 | $66M | not disclosed | Sequoia Capital |
| Tech Companies | 12 Jan 2018 | $43M | not disclosed | Susquehanna Growth Equity |
| Contentsquare Tech Companies | 29 Jan 2018 | $42M | not disclosed | Canaan and Highland Europe |
| Tech Companies | 1 Jan 2018 | $37M | not disclosed | Battery Ventures |
| Tech Companies | 29 Jan 2018 | $28M | not disclosed | Insight Partners |
| Tech Companies | 29 Jan 2018 | $25M | not disclosed | GV |
| Tech Companies | 1 Jan 2018 | $25M | not disclosed | Bessemer Venture Partners |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Hive Box raise in its Series B round?
Hive Box raised $323M in its Series B round, announced in Jan 2018.
Which investors took part in Hive Box's Series B round?
SF Express.
What was Hive Box's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
432 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $17M, and this round was 19 times the median.
Did Hive Box raise again after this round?
Yes: a Series C round in Jan 2021 of $400M at $3.00B post-money.