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JOYNEXT

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Develops and manufactures products in the areas of car-infotainment, navigation, connection technologies and audio for the automotive manufacturers

Ningbo, ChinaFounded 2019Transportation
Valuation $500M–1B Last recorded · 2020
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
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About JOYNEXT

JOYNEXT operates as the automotive connectivity business unit of Joyson Electronics, positioning itself as a Tier-1 supplier for the global automotive industry. The company traces its roots back to 1997 when it was founded as TechniSat Automotive. A significant transformation occurred in 2016 when Joyson and Preh each acquired 50% of the company, rebranding it as Preh Car Connect. By 2019, the company became fully owned by the Joyson group and was renamed JOYNEXT, with its global headquarters in Ningbo, China, and a major European base in Dresden, Germany.

JOYNEXT serves major automotive manufacturers, including Volkswagen, Audi, and Ford, with whom it has maintained long-term development partnerships for over two decades. The business model is centered on being a direct development partner and system supplier to these OEMs. Revenue is generated through the sale of integrated hardware and software solutions that are factory-installed in new vehicles. Their products are currently in over ten million vehicles worldwide. The company is managed by a team that includes CEO Xi Xiaohua and Co-CEO Stavros Mitrakis.

The company's core business revolves around developing technologies for intelligent and connected vehicles. Its product portfolio is extensive, covering intelligent cockpits, smart connectivity, and solutions for autonomous driving. One of their key offerings is the intelligent cockpit, which integrates infotainment, connectivity, and human-machine interaction through features like multimodal interaction and Android Embedded Devices (AED) for rapid mass production. Another area of focus is smart connectivity, particularly through Vehicle-to-Everything (V2X) technology, which enables communication between the car and its environment, including other vehicles and infrastructure. JOYNEXT has become one of the first mass-producers of 5G-V2X technology. They also provide a range of software and cloud-based services, including IoV-related SaaS/SaaP offerings like navigation and AR engines.

Source: Dealroom company data

At a glance

Founded
2019
Headquarters
Ningbo, China
Sector
Transportation
Power Law
Colt$25–100M revenue

Investors

6 investors on the cap table

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

Series A5 investors entered at this stage

  • Cathay Capital
  • State Development & Investment Corporation (SDIC)
  • FG Venture
  • China Merchants Capital
  • Ningbo Gaofa Automotive

Series B and later1 investor entered at this stage

  • Joyson electronics
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
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
🇨🇳 China · Ningbo HQ
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Web traffic by country
22K monthly visits
across markets
🇨🇳 China82.3%
🇺🇸 United States6.8%
🇬🇷 Greece6.4%
🇵🇱 Poland2.7%
🇮🇹 Italy1.4%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about JOYNEXT 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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