Hebei's startup environment shows a strong foundation in both traditional manufacturing and modern technology sectors. The region is home to companies developing everything from automotive parts to biotechnology.
Among them, e-commerce marketplace KK Group has raised over $612 million in funding. Automotive supplier JingXi ZhiXing also secured a significant corporate round of CN¥2.5 billion.
Below is our list of 29 Hebei startups worth keeping an eye on.
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Get the Sheet for $50Narwal Robotics builds intelligent cleaning robots designed to fully automate floor care. The company is recognized for its innovative products that integrate both self-cleaning mop and vacuum functions.
| Year Founded | 2016 |
| Founders | junbin zhang |
| Funding Amount | $114.1M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | HSG, Hillhouse Investment, Tencent, ByteDance, Shoucheng Holdings |
Weishi Energy develops hydrogen fuel cell systems and core components for commercial vehicles. They oversee the entire product lifecycle, from research and development to final production and sales.
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | CN¥1.5B |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | SDIC Venture Capital, China National Building Material, China Investment Corporation, PICC Capital Investment Management, Beijing Zhihe Kangdao Shengwu Keji |
KK Group operates an online-to-offline marketplace for a curated selection of imported goods. Their platform gives consumers access to international products through both e-commerce channels and a network of physical retail stores.
| Year Founded | 2014 |
| Founders | Yuening Wu |
| Funding Amount | $612.1M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series F |
| Top Investors | Shenzhen Capital Group, INCE Capital, Matrix Partners China, JD.com, CITIC Securities |
XuanZhu Pharma is a biopharmaceutical company that researches and develops new drugs. They focus on creating novel therapies for the medical and pharmaceutical industries.
| Year Founded | 2002 |
| Founders | — |
| Funding Amount | CN¥1.6B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | BOC Capital, DNV capital, Sunshine Insurance Group, EFung Capital, State Development & Investment Corporation |
Synlight Crystal manufactures conductive and semi-insulating substrates from silicon carbide, a third-generation semiconductor material. These components are essential for producing high-performance power and radio-frequency electronics.
| Year Founded | 2012 |
| Founders | — |
| Funding Amount | CN¥1.5B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | Shenzhen Capital Group, SDIC Venture Capital, Great Wall Motors, CPE, New Alliance Capital |
Slichem develops and produces liquid crystal materials and fine chemicals for the display industry. Their specialized materials are key components for manufacturers building a wide range of electronic and industrial products.
| Year Founded | 1987 |
| Founders | — |
| Funding Amount | $105.1M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | BOE Technology Group, Wonderland Capital, Lotus Lake Ventures, Tusholdings, Beijing Electronics Holding |
Jingxi Zhixing manufactures critical vehicle components, specializing in chassis suspension and brake systems. They operate as a key supplier within the automotive industry, providing essential parts for vehicle production.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | CN¥2.5B |
| Startup Size | — |
| Last Funding Status | Corporate Round |
| Top Investors | HOPU Investment Management Company, Shenzhen Investment Holdings, Zhangjiakou Financial Holding Group, Shenzhen Shenshan Special Cooperation Zone, Yunshi Global Capital |
Mol Breeding advances the agricultural sector with molecular breeding technology and R&D services. They offer comprehensive solutions that help breeding companies and research institutes improve the genetics of crops and animals.
| Year Founded | 2017 |
| Founders | Jianan Zhang |
| Funding Amount | $79.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Alibaba Group, Gaw Capital Partners, Dalton Venture, Suzhou International Development Venture Capital, CPE |
Tuandaiwang created a peer-to-peer lending platform connecting individual investors with borrowers in China. Their online marketplace offered an alternative to traditional banking for both personal loans and investment opportunities.
| Year Founded | 2012 |
| Founders | Lin Zhang |
| Funding Amount | CN¥2.4B |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Private Equity |
| Top Investors | China Minsheng Investment Group, Beihai Hongtai Investment, Beijing Yingsheng Innovation Technology |
Lanmi creates a range of personal electronics, including wireless audio devices and smart wearables. Their products, such as earbuds and smartwatches, focus on providing accessible technology for everyday consumers.
| Year Founded | 2014 |
| Founders | Yan Qi |
| Funding Amount | $85.7M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Qiming Venture Partners, Grand Flight Investment |
19 Additional Hebei Startups Worth Following
Our top ten picks offer a glimpse into Hebei's growing startup scene, but there's much more happening. Many founders are focused on physical products, with a lot of activity in hardware, manufacturing, and energy.
You'll find companies at every stage, from brand new ventures to more established businesses raising millions. Here’s a look at the rest of the startups shaping the region's startup ecosystem.