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BOOX

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Android-based E Ink tablets for paper-like productivity

ChinaFounded 2008
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About BOOX

Onyx International Inc. is a Chinese consumer electronics company that designs, develops, manufactures, and markets E Ink (ePaper) devices under the brand name BOOX. Founded in 2008 by a team with experience from Google, IBM, and Microsoft, the company is headquartered in Guangzhou, China. The CEO, Kim Dan, was motivated to enter the e-reader industry after observing the rise in myopia among students and recognizing the potential of E-ink technology to offer the benefits of electronics while mitigating eye strain. Onyx launched its first e-reader, the BOOX A60, in 2009 and has since expanded its presence to over 100 countries.

The company's business model focuses on the sale of hardware, generating revenue primarily through the frequent release of new products rather than software subscriptions. Onyx offers a full production cycle, from design and software development to assembly, and provides one-stop solutions for distributors, publishers, and the education sector. The business operates on a direct-to-consumer model via its official online store and also partners with distributors globally. In May 2024, the company completed a Series B funding round, raising tens of millions of dollars from investors including Lenovo Capital & Incubator Group and E Ink Holdings Inc., with the capital intended for research and development and market expansion.

BOOX's product line includes a diverse range of E Ink tablets, from classic 6-inch e-readers to large-format 13.3-inch devices, available in both color and monochrome. A key differentiator is the use of the Android operating system, which provides users with access to the Google Play Store and greater flexibility compared to competitors' closed ecosystems. Their devices often feature E Ink Carta and Kaleido displays, Wacom styluses for note-taking with pressure sensitivity, and adjustable front lights. Onyx has also developed proprietary technologies like the BOOX Super Refresh (BSR) to enhance refresh rates and image quality. The product series includes the 'Note' and 'Tab' for professional use, the 'Go' and 'Palma' for portability, and specialty devices like the Tab X, which is sized similarly to a sheet of paper for PDF annotation.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
China
Employees
44
Open positions
None listed
Dealroom signal
43.0/100

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC May 2024 $28M $110M Chuangyu Investment · Lenovo Capital and Incubator Group (LCIG) · Chuanqi Optoelectronics ↗
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Growth signals

BOOX website traffic

Latest recorded traffic for BOOX is 1.5M monthly website visits, up 7.1% over the last three months. BOOX's team grew 12.8% over the past year.

Latest monthly visits1.5M 3-month web change+7.1% 1-year team growth+12.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Chuangyu Investment
  • Lenovo Capital and Incubator Group (LCIG)
  • Chuanqi Optoelectronics
Employees 44 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇨🇳 China68.2%
🇭🇰 Hong Kong18.2%
🇺🇸 United States9.1%
🇬🇧 United Kingdom4.5%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about BOOX on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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