Royole is a Shenzhen, China based firm founded by Zihong Liu, Xiaojun Yu, and Peng Wei in 2012. In January 2020, Bloomberg reported that the company had confidentially filed registration documents with the SEC as required for a public offering. It has not yet been confirmed by the company whether they are formally pursuing an IPO.
The company designs and manufactures flexible OLED displays and sensors as well as smart devices. In line with those capabilities, Royole released the first commercially available folding phone in 2018. According to Pitchbook, Royole has raised nearly $1.4 billion in Venture Capital funding from investors including Yingke Capital, IDG Capital Partners, Shenzhen Capital Group, Agricultural Bank of China, Ping An Bank, Green Pine Capital Partners, and Knights Investment Group. It has been widely reported that the company last raised $300 million in May 2020 at a post-money valuation of $6 billion.
Royole does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Royole will be known as it becomes public. Here are similar public companies: Amazon (NAS: AMZN), Walmart (NYS: WMT), Nike (NYS: NKE), Apple (NAS: AAPL), Facebook (NAS: META).
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Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Royole is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
