COMNECT

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COMNECT - overview

Established

2012

Location

Shenzhen, Guangzhou, China

Primary Industry

Telecoms

About

Founded in 2012 and based in Shenzhen, China, COMNECT specializes in technology solutions that optimize connectivity and data management. The company has undergone strategic pivots to focus on developing comprehensive software and hardware products for businesses. In July 2025, Shenzhen Sunshine Laser & Electronics Technology Co. , Ltd.


acquired a 56. 03% majority stake in COMNECT for CNY 351. 87 million, marking a significant milestone in the company's growth trajectory. COMNECT specializes in delivering innovative technology solutions designed to enhance connectivity and data management across various sectors.


Its core offerings include a suite of software and hardware products that facilitate seamless communication and data transfer for businesses, targeting industries such as logistics, telecommunications, and smart infrastructure. These solutions address critical challenges related to inefficiencies in data flow and operational connectivity, helping clients optimize workflows and improve service delivery. The products have been tailored for a diverse customer base, including medium to large enterprises in North America and Europe, ensuring they meet the unique demands of different markets. COMNECT's revenue model is structured around a combination of subscription-based services and one-time hardware sales, catering to both B2B clients and direct consumers.


Clients typically subscribe to software solutions that allow for continuous updates and support, while also purchasing necessary hardware components. COMNECT plans to leverage its recent funding from Shenzhen Sunshine Laser & Electronics Technology Co. , Ltd. to support the launch of new products designed to expand its offerings in connectivity solutions.


The company aims to enter new geographic markets, particularly in Asia and Europe, by 2026. The funding of CNY 351. 87 million will be utilized to enhance product development and market penetration strategies, with a focus on addressing customer needs in these regions.


Primary Industry

Telecoms

Sub Industries

Hardware, Software, Telecoms Equipment, Telecoms Providers & Services

Website

cn.comnect.com/

Verticals

IoT (Internet of Things), Manufacturing

Total Amount Raised

Subscriber access only

COMNECT - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP DirectAnnouncedCOMNECT-

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