Guangdong Unicorns

Top 26 Unicorn Startups Founded in Guangdong

26 companies from Guangdong have become unicorns. We have compiled all of them in this blog article.

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a startup in Guangdong, you must check these 26 companies that have joined the unicorn club.

Top 26 Unicorn Startups in Guangdong

BYD Semiconductor

BYD Semiconductor

BYD Semiconductor offers wafer processing equipment and advanced packaging solutions for the electronics industry.

Details of the startup:

  • Valuation:

    $4.66

    B (

    April 2020

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2004

  • Founders:

    No Data

  • Industries:

    Industrial Engineering, Manufacturing

  • Number of employees:

    10,000+

  • Funding Amount:

    CN¥2,700,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    24

here

Coocaa

Coocaa

cocaa is the world’s first e-commerce platform for smart TVs and TV accessories.

Details of the startup:

  • Valuation:

    $1.45

    B (

    March 2018

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2006

  • Founders:

    No Data

  • Industries:

    Consumer, Consumer Electronics, E-Commerce

  • Number of employees:

    250-500

  • Funding Amount:

    CN¥1,400,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

Dadi Cinema

Dadi Cinema

Dadi Cinema is focused on the management and operation of theaters across China.

Details of the startup:

  • Valuation:

    $3.24

    B (

    May 2016

    )

  • Country:

    China

  • City:

    Guangzhou

  • Started in:

    2006

  • Founders:

    No Data

  • Industries:

    Digital Entertainment, Film, Media and Entertainment, Theatre

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    CN¥1,000,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

DJI

DJI

DJI is a world leader in developing, manufacturing, and selling easy-to-fly drones for aerial photography.

Details of the startup:

  • Valuation:

    $15.00

    B (

    January 2015

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2006

  • Founders:

    Frank Wang

  • Industries:

    Aerospace, Consumer Electronics, Drones, Manufacturing, Photography, Wireless

  • Number of employees:

    10,000+

  • Funding Amount:

    $105,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    3

here

HeyTea

HeyTea

HeyTea offers a selection of specialty tea and fruit teas, including mixed berry tea and cheese-topped milk tea.

Details of the startup:

  • Valuation:

    $2.26

    B (

    July 2019

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2012

  • Founders:

    Yunqi Nie

  • Industries:

    Food and Beverage, Tea

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $95,145,464

  • Number of funding rounds:

    6

  • Number of investors:

    10

here

Hive Box

Hive Box

Hive Box operates a network of self-service package drop-off and pick-up stations, giving users the convenience and flexibility to take their packages whenever it is convenient for them.

Details of the startup:

  • Valuation:

    $1.40

    B (

    January 2018

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2015

  • Founders:

    No Data

  • Industries:

    E-Commerce, Logistics, Packaging Services

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,106,303,366

  • Number of funding rounds:

    3

  • Number of investors:

    14

here

iCarbonX

iCarbonX

iCarbonX offers a cutting-edge artificial intelligence platform for health data to increase the accuracy of predictions and to build a more predictive healthcare model based on human health data.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2016

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2015

  • Founders:

    Hao Li, Jun Wang, Yingrui Li

  • Industries:

    Artificial Intelligence, Biotechnology, Health Care, Machine Learning

  • Number of employees:

    100-250

  • Funding Amount:

    $200,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    3

here

Intellifusion

Intellifusion

Intellifusion is a company that has developed a vision processor for people to train AI systems for public safety, supercomputing, and other purposes

Details of the startup:

  • Valuation:

    $1.00

    B (

    March 2019

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2014

  • Founders:

    Ning Chen, Xiaoyu Wang

  • Industries:

    Artificial Intelligence, Computer Vision, Facial Recognition, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    CN¥1,208,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    16

here

Jusda

Jusda

Jusda works with manufacturers to deliver excellence in supply chain visibility.

Details of the startup:

  • Valuation:

    $2.20

    B (

    January 2019

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2014

  • Founders:

    No Data

  • Industries:

    Electronics, Logistics, Supply Chain Management

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    CN¥2,400,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    6

here

Lamabang

Lamabang

Lamabang is a Chinese ecommerce company that creates lifestyle products for modern mothers who are always on the go.

Details of the startup:

  • Valuation:

    $1.00

    B (

    March 2015

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2012

  • Founders:

    Jin Zan

  • Industries:

    E-Commerce, Fashion, Internet, Lifestyle, News, Parenting, Shopping

  • Number of employees:

    100-250

  • Funding Amount:

    $130,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    8

here

Meizu Technology

Meizu Technology

Meizu is a Chinese consumer electronics company specializing in smartphones, mobile Internet devices, and other consumer electronics.

Details of the startup:

  • Valuation:

    $4.58

    B (

    July 2014

    )

  • Country:

    China

  • City:

    Zhuhai

  • Started in:

    2003

  • Founders:

    Jack Wong

  • Industries:

    Consumer Electronics, E-Commerce, Mobile

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $890,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    2

here

MGI Tech

MGI Tech

MGI Tech is a technology-driven healthcare provider with an emphasis on exemplary customer service.

Details of the startup:

  • Valuation:

    $5

    B (

    May 2019

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2016

  • Founders:

    No Data

  • Industries:

    Biotechnology, Health Care, Life Science

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,200,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    7

here

Naixuecha

Naixuecha

Naxuecha is the premier tea company that provides premium green, white, and black tea worldwide. They are committed to only sourcing high-quality ingredients and offer a variety of flavors for our customers.

Details of the startup:

  • Valuation:

    $2.00

    B (

    December 2020

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2014

  • Founders:

    No Data

  • Industries:

    No Data

  • Number of employees:

    50-100

  • Funding Amount:

    $215,789,015

  • Number of funding rounds:

    4

  • Number of investors:

    4

here

Orbbec

Orbbec

Orbbec is a scientific and technological company that bring incredible possibilities for every human, everywhere.

Details of the startup:

  • Valuation:

    $1.00

    B (

    May 2018

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2013

  • Founders:

    Brad Long Liu, Huang Yuanhao, Joshua Blake, Luke Xiaolu Mei, Zhenzhong Xiao

  • Industries:

    Artificial Intelligence, Information Technology, Robotics

  • Number of employees:

    250-500

  • Funding Amount:

    $200,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    5

here

Qdama

Qdama

Qdama is a vertically integrated provider that offers fresh food and frozen good intermediary services to processors, distributors, retailers, and consumers.

Details of the startup:

  • Valuation:

    $1.20

    B (

    December 2019

    )

  • Country:

    China

  • City:

    Guangzhou

  • Started in:

    2012

  • Founders:

    Jisheng Feng, Song Tan, Weihua Feng

  • Industries:

    Agriculture, Food and Beverage, Retail

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $142,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

Ruipeng Pet Healthcare

Ruipeng Pet Healthcare

Ruipeng Pet Hospital is a Shenzhen-based medical care chain of pet hospitals, integrating global knowledge on animal health, Chinese and Western medicine, conventional veterinary science and beauty products.

Details of the startup:

  • Valuation:

    $4.40

    B (

    October 2020

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2013

  • Founders:

    No Data

  • Industries:

    Beauty, Health Care, Hospital, Medical

  • Number of employees:

    No Data

  • Funding Amount:

    $37,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    11

here

To8to

To8to

The To8to platform is a powerful, easy-to-use service that allows you to find the best professionals to decorate your home, save money, and look good doing it.

Details of the startup:

  • Valuation:

    $2.00

    B (

    March 2015

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2008

  • Founders:

    Guobin Wang

  • Industries:

    Consulting, Furniture, Home Decor, Interior Design, Internet

  • Number of employees:

    100-250

  • Funding Amount:

    $216,463,775

  • Number of funding rounds:

    4

  • Number of investors:

    4

here

Trendy International Group

Trendy International Group

Trendy International Group is a vertically integrated fashion company that incorporates art and business to produce luxury goods.

Details of the startup:

  • Valuation:

    $2.00

    B (

    February 2012

    )

  • Country:

    China

  • City:

    Guangzhou

  • Started in:

    1999

  • Founders:

    Jacky Xu

  • Industries:

    Fashion, Lifestyle, Retail

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $200,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

UBTech Robotics

UBTech Robotics

UBTech is a research and development robotics company that is dedicated to pushing the envelope in autonomous navigation technology.

Details of the startup:

  • Valuation:

    $4.45

    B (

    July 2016

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2012

  • Founders:

    Zhou Jian

  • Industries:

    Artificial Intelligence, Consumer Electronics, Industrial Engineering, Machine Learning, Product Research, Robotics

  • Number of employees:

    500-1,000

  • Funding Amount:

    $940,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    9

here

WeBank

WeBank

WeBank is a private commercial bank that employs facial recognition security software when conducting transactions.

Details of the startup:

  • Valuation:

    $21.20

    B (

    November 2018

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2014

  • Founders:

    Min Gu

  • Industries:

    Banking, Finance, Financial Services, Online Portals

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    CN¥1,200,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

WeRide

WeRide

WeRide is developing and commercializing advanced software and hardware technologies for self-driving cars.

Details of the startup:

  • Valuation:

    $1.35

    B (

    December 2020

    )

  • Country:

    China

  • City:

    Guangzhou

  • Started in:

    2017

  • Founders:

    Qing Lu, Tony Han, Yan Li

  • Industries:

    Artificial Intelligence, Autonomous Vehicles, Computer, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $310,000,000

  • Number of funding rounds:

    8

  • Number of investors:

    24

here

Wtoip

Wtoip

WTOIP has been designed to help entrepreneurs take their ideas to market. The platform provides startups with a shared resource library of patents, trademarks, and copyrights which can be accessed on-demand.

Details of the startup:

  • Valuation:

    $1.27

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Guangzhou

  • Started in:

    2013

  • Founders:

    Amy Chan

  • Industries:

    Business Development, Financial Services, Internet, Property Management

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $108,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    9

here

XINGYUN GROUP

XINGYUN GROUP

XINGYUN GROUP provides an international service network in China, covering all aspects of business and trade for our customers.

Details of the startup:

  • Valuation:

    $2.00

    B (

    September 2020

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2015

  • Founders:

    Billy Wang

  • Industries:

    B2B, Cosmetics, E-Commerce, Logistics, Supply Chain Management

  • Number of employees:

    500-1,000

  • Funding Amount:

    $949,506,218

  • Number of funding rounds:

    6

  • Number of investors:

    18

here

YH Global

YH Global

YH Global provides comprehensive transport distribution solutions that enable cost savings, faster turnaround times, and improved efficiency. They have a full service logistics company that integrates all modes of transportation including air, sea, road, and rail to transport your goods worldwide.

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2017

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    1997

  • Founders:

    Zhang Quan

  • Industries:

    Automotive, Freight Service, Logistics, Supply Chain Management, Transportation

  • Number of employees:

    50-100

  • Funding Amount:

    $182,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    5

here

YinLong Group

YinLong Group

YinLong Group is a technology industry leader in the manufacturing and supplying lithium batteries, materials, and tools for use in electric vehicles.

Details of the startup:

  • Valuation:

    $1.50

    B (

    December 2016

    )

  • Country:

    China

  • City:

    Zhuhai

  • Started in:

    2008

  • Founders:

    Yincang Wei

  • Industries:

    Automotive, Battery, Energy, Manufacturing, Public Transportation

  • Number of employees:

    1-10

  • Funding Amount:

    $432,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    2

here

Yunwang Wandian

Yunwang Wandian

Yunwang Wandian is an eCommerce and online retail service that provides the ultimate shopping experience to the customers.

Details of the startup:

  • Valuation:

    $3.80

    B (

    Dcember 2020

    )

  • Country:

    China

  • City:

    Shenzhen

  • Started in:

    2020

  • Founders:

    No Data

  • Industries:

    E-Commerce, Retail

  • Number of employees:

    No Data

  • Funding Amount:

    CN¥6,000,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    4

here
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