GEM Terminal Industry Co.,Ltd. announced that it has received $100 million in funding from Meritech Capital Partners, Sapphire Ventures, LLC, ICONIQ Capital, LLC, Accel Partners, Greylock Partners
September 27, 2021
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GEM Terminal Industry Co.,Ltd. announced that it has received $100,000,000 in a round of funding led by new investor ICONIQ Capital, LLC on September 28, 2021. The transaction included participation from new investors Meritech Capital Partners and Sapphire Ventures, LLC and returning investors Accel Partners and Greylock Partners. The company has raised $148,000,000 in funding till date. The round is raised at a post-money valuation of $1,200,000,000.
Gem Terminal Ind. Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of connectors. The Company's products are mainly used in the manufacturing of electronic communication, automobile transportation and electric appliance plugs. The Company is also engaged in the provision of raw materials, ceramic ferrules, bushings and molds. The Company mainly distributes its products in Mainland China and Taiwan markets.
GEM Terminal Industry Co.,Ltd. announced that it has received $100 million in funding from Meritech Capital Partners, Sapphire Ventures, LLC, ICONIQ Capital, LLC, Accel Partners, Greylock Partners
GEM TERMINAL INDUSTRY CO.,LTD. 
