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This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
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Hangzhou is home to 19 unicorn startups, making it a key technology center in China. The local scene is led by fintech giant Ant Group, which has a valuation of $150B.
Beyond fintech, the city's ecosystem includes companies like automotive platform Souche, valued at $3B.
Below is the full list of 19 Hangzhou unicorn startups at this time.
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Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Ant Group operates a massive ecosystem of digital payment and financial technology services for consumers and small businesses. They are the creators of Alipay, one of the world's largest mobile payment platforms.
Souche operates a digital transaction and service platform for China's automotive industry, covering both new and used vehicles. Their ecosystem provides SaaS solutions for car dealerships and integrated financial services for consumers.
Alibaba Music serves as the music and digital entertainment division for the Alibaba Group. They operate music streaming platforms that connect artists with a vast audience across the company's ecosystem.
Unitree Robotics develops high-performance quadrupedal robots for research, industry, and personal use. They are best known for their agile robotic dogs, which are engineered to handle complex tasks across various environments.
Dt Dream operates as a cloud computing and big data solutions provider. They equip enterprises with a suite of tools to manage and analyze large datasets in the cloud.
Kujiale provides a SaaS-enabled platform for the home decoration and interior design industry. Their software allows users to quickly generate photorealistic 3D renderings and virtual tours of interior spaces.
Taobao Movie operates an online ticketing platform for films, first launched by parent company Alibaba. The service is now part of Alibaba Pictures Group and connects users within the vast Taobao e-commerce ecosystem to movie showtimes and tickets.
Chint Anneng Digital Energy provides renewable energy equipment and comprehensive services for rooftop solar installations. They specialize in making photovoltaic systems more accessible for both residential and commercial properties.
Astronergy specializes in the research, development, and production of high-efficiency solar modules. Their technology is used in residential, commercial, and utility-scale solar power projects across the globe.
Chint New Energy develops, builds, and operates clean energy solutions centered around solar power technology. Their integrated approach covers the full project lifecycle, including manufacturing and long-term service for large-scale energy systems.
While the biggest names get most of the attention, they are only part of the picture. The city's startup scene is broad, with companies in everything from retail and mobility to AI and crypto.
Some of these companies have been building for years, while others are newer to the scene. Here’s a look at the rest of the unicorns shaping Hangzhou's future.
| Unicorn Startup | Main Industry | Year Founded | Amount Raised | Valuation |
|---|---|---|---|---|
| SaaS | 2002 | CN¥1.2B | $1B | |
| Retail | 2012 | $95.8M | $1B | |
| Media | 2000 | $682M | $1B | |
| Marketing | 2004 | $655.2M | $1B | |
| Crypto | 2016 | CN¥1.6B | $1B | |
| AI | 2013 | $86.1M | $1B | |
| Mobility | 2009 | CN¥1.9B | $1B | |
| Retail | 2011 | $224.3M | $1B | |
| Mobility | 2012 | $198.7M | $1B |
