Total amount raised
$7.8 Billion
Latest funding date
03/01/2025
Location
BYD Company has successfully raised funding over 4 rounds, with notable investors including KB Securities and Samsung Electronics. The latest funding was raised from a Post-IPO Equity round, contributing to the company's growth and expansion in various sectors.
Keep reading to explore the intricacies of BYD Company's fundraising journey and the investors backing this innovative enterprise.
What Is BYD Company?
BYD Company, headquartered in Shenzhen, Guangdong, China, is a global leader in the automotive, energy, and manufacturing industries. The company focuses on the research, development, manufacture, and distribution of automobiles and secondary rechargeable batteries.
Founded in 1995, BYD has grown to employ over 10,000 people. The company is publicly traded under the ticker SZSE:002594 and has raised significant funding through multiple rounds, making numerous investments and acquisitions along the way.
BYD's diverse product range includes electric buses, trucks, forklifts, energy storage solutions, and SkyRail systems, all designed to reduce environmental impact and promote a greener future.
How Much Funding Has BYD Company Raised?
- Post-IPO Equity Round
- Amount Raised: USD 450,000,000
- Date: July 2016
- Lead Investors: Samsung Electronics
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance research and development and expand market presence.
- Post-IPO Equity Round
- Amount Raised: USD 1,770,000,000
- Date: October 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's growth strategy and international expansion.
- Post-IPO Equity Round
- Amount Raised: Not publicly disclosed
- Date: January 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To bolster working capital and support ongoing projects.
- Post-IPO Equity Round
- Amount Raised: USD 5,600,000,000
- Date: March 2025
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund research and development, expand overseas businesses, and supplement working capital.
Total Amount Raised: USD 7,820,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- Samsung Electronics
- Details: Samsung Electronics is a South Korean multinational electronics company headquartered in Suwon. It is one of the largest manufacturers of electronic devices globally.
- Investment Focus Areas: Technology, semiconductors, consumer electronics.
- Notable Investments: BYD Company, Harman International, SmartThings.
- Al-Futtaim Family Office
- Details: Based in the United Arab Emirates, Al-Futtaim Family Office is a family-owned conglomerate with diverse business interests. They have formed a strategic partnership with BYD.
- Investment Focus Areas: Automotive, retail, real estate.
- Notable Investments: BYD Company, Toyota, Marks & Spencer.
- Goldman Sachs
- Details: Goldman Sachs is a leading global investment banking, securities, and investment management firm headquartered in New York City. It provides a wide range of financial services to a substantial and diversified client base.
- Investment Focus Areas: Technology, finance, healthcare.
- Notable Investments: Uber, Facebook, Spotify.
- UBS
- Details: UBS is a Swiss multinational investment bank and financial services company founded and based in Switzerland. It is known for its wealth management, investment banking, and asset management services.
- Investment Focus Areas: Wealth management, investment banking, asset management.
- Notable Investments: BYD Company, BlackRock, Tencent.
- CITIC Securities
- Details: CITIC Securities is a Chinese investment bank and brokerage firm headquartered in Beijing. It is one of the largest securities firms in China.
- Investment Focus Areas: Investment banking, brokerage, asset management.
- Notable Investments: BYD Company, Alibaba, JD.com.
What's Next for BYD Company?
BYD Company is poised for significant growth, leveraging the $5.59 billion raised in its recent share sale. The funds will be directed towards expanding its international footprint, particularly in the Middle East and Brazil, and bolstering research and development efforts. This strategic move aligns with the increasing global demand for electric and plug-in hybrid vehicles, positioning BYD to capture a larger market share.
Future fundraising opportunities appear promising, given the positive market sentiment and strong institutional backing. The strategic partnership with the Al-Futtaim Family Office could open additional investment avenues, further supporting BYD's ambitious expansion plans. However, the company must navigate challenges such as regulatory approvals for overseas capital spending and market volatility, as evidenced by the 8% drop in its Hong Kong shares post-sale.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like BYD Company and gather other critical business insights. Sign up for free to enhance your sales strategies and stay ahead in the competitive market.
