Hong Kong's startup scene is a mix of financial technology, artificial intelligence, and Web3 companies. This overview covers 37 of the region's key players, from new ventures to established firms.

The list includes established fintech companies like WeLab, which has raised nearly $900 million. It also features newer companies such as Endless, a Web3 firm founded in 2024 that has already secured $111 million in funding.

Below is our list of 37 Hong Kong startups worth keeping an eye on.

Failory's Top 10 Picks

RedotPay provides a crypto payment platform featuring stablecoin cards and multi-currency digital wallets. Their services are designed to let users spend digital currencies for everyday transactions and global payments.

HeadquartersCentral, Hong Kong Island, Hong Kong
Year Founded2023
FoundersJonathan Chan, Michael Gao
Funding Amount$87M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsAccel, Lightspeed Venture Partners, HSG, Coinbase Ventures, Vertex Ventures

Mantra builds a security-first blockchain specifically for tokenizing and trading real-world assets. Their platform gives developers and institutions the tools to create permissioned applications that comply with regulatory standards.

HeadquartersHong Kong, Hong Kong Island, Hong Kong
Year Founded2020
FoundersJohn Patrick Mullin
Funding Amount$20M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsInveniam Capital Partners, Fuse Capital

Edgen is building an AI co-pilot to guide crypto and stock investors through complex market data. Their technology synthesizes information to provide users with actionable insights for their investment strategies.

HeadquartersHong Kong, Hong Kong Island, Hong Kong
Year Founded2023
FoundersAllen Ng, Sean Tao
Funding Amount$11M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsGate, HV Capital, Framework Ventures, Chorus One, Hivemind Capital Partners

Brilliant Labs creates open-source AI glasses that operate at the intersection of augmented reality and artificial intelligence. Their product, Frame, uses an integrated multimodal AI to offer features like visual analysis and live translation directly to the wearer.

HeadquartersHong Kong, Hong Kong Island, Hong Kong
Year Founded2019
Founders—
Funding Amount$6.1M
Startup SizeLean Team (11-50)
Last Funding StatusUndisclosed
Top InvestorsPlug and Play, 1337 Ventures, Coho Deeptech, John Hanke, Brendan Iribe

BDx Data Centers operates a network of data centers across the Asia-Pacific, providing colocation, managed services, and hybrid cloud solutions. Their BDx 360° platform offers customers a single portal to manage their infrastructure and connectivity across the region.

HeadquartersHong Kong, Hong Kong Island, Hong Kong
Year Founded2019
Founders—
Funding Amount$155M
Startup SizeLarge Team (251-1,000)
Last Funding StatusDebt Financing
Top InvestorsDBS Bank, United Overseas Bank, Sumitomo Mitsui Banking Corporation, Clifford Capital, OCBC Bank of Singapore

Endless created a distributed intelligent component protocol to simplify the migration of Web2 applications to Web3. The platform gives developers the tools to more easily build and deploy on the decentralized web.

HeadquartersHong Kong, Hong Kong Island, Hong Kong
Year Founded2024
Founders—
Funding Amount$111M
Startup Size—
Last Funding StatusVenture Round
Top InvestorsForesight Ventures

GL.iNet develops a line of specialized WiFi hardware, including security devices and smart home gateways. The company's products give users more control over their network with an emphasis on security and privacy.

HeadquartersSha Tin, New Territories, Hong Kong
Year Founded2014
FoundersAlfie Jianbin Zhao, Jianyi Zhao
Funding Amount$665.1k
Startup SizeLean Team (11-50)
Last Funding StatusProduct Crowdfunding
Top Investors—

Ping An OneConnect Bank offers a digital-only banking experience for both individual consumers and small to medium-sized businesses. The bank provides a range of financial products, from personal accounts to SME loans, entirely through its virtual platform.

HeadquartersHong Kong, Hong Kong Island, Hong Kong
Year Founded2018
Founders—
Funding AmountHK$200M
Startup SizeMid-Size Team (51-250)
Last Funding StatusDebt Financing
Top InvestorsLufax

RD Technologies created a multi-currency business account built for companies operating on a global scale. Their platform streamlines international payments and financial management, helping businesses navigate the complexities of cross-border commerce.

HeadquartersHong Kong, Hong Kong Island, Hong Kong
Year Founded2020
Founders—
Funding Amount$47.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsHSG, Dragonfly, Solana Foundation, HashKey, Aptos

WeLab builds a range of digital financial products, including virtual banking and consumer financing solutions. The company is recognized for its technology-driven approach to personal finance, offering customers accessible and convenient ways to manage their money.

HeadquartersSheung Wan, Hong Kong Island, Hong Kong
Year Founded2013
FoundersAananth Solaiyappan, Frances Kang, Kelly Wong, Simon Loong
Funding Amount$899.5M
Startup SizeLarge Team (251-1,000)
Last Funding StatusUndisclosed
Top InvestorsInternational Finance Corporation, Tribe Capital, HSG, Lakestar, ICONIQ Capital

27 Additional Hong Kong Startups Worth Following

Our top ten picks are just a glimpse of the energy across Hong Kong right now. Founders are building new companies in fields from fintech and crypto to AI and logistics.

Combined, these startups have raised over half a billion dollars, and they range from brand new ventures to more established businesses. Here’s a look at the other companies shaping the local ecosystem.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Obita logo ObitaData2025$10MAngel
Humanity Protocol logo Humanity ProtocolCrypto2023$51.5MSeed
Tenways logo TenwaysMobility2019CN¥301.7MSeries B
SignalPlus logo SignalPlusAI2021$23MSeries B
KPay logo KPayFintech2020$65MSeries A
zkMe logo zkMeCrypto2022$6MSeed
QNET logo QNETFashion1998$1.3MSeries A
Govee logo GoveeRetail2017—Series A
NEXX Global logo NEXX GlobalLogistics2024$2MSeed
Robocore logo RobocoreAutomation2020$10MSeries D
WealthRyse logo WealthRyseAI2024$735kSeed
Reap logo ReapFintech2018$46MSeries A
YouTrip logo YouTripFintech2016$105.5MSeries B
Easyship logo EasyshipLogistics2015$4MSeries A
Shopline logo ShoplineRetail2013$3.2MVenture Round
MultiBank Group logo MultiBank GroupFintech2005——
dappOS logo dappOSCrypto2023$15.3MVenture Round
Ecoinno logo EcoinnoEnvironment2011$6MSeries A
Healify logo HealifyAI2025$2MSeed
Agilis Robotics logo Agilis RoboticsHardware2021$16MSeries A
Aigens logo AigensFood2012$14MSeries A
Civitas logo CivitasCrypto2020$20MInitial Coin Offering
INXX logo INXXFashion2013CN¥110.7MSeries B
Future salad logo Future saladFood2018$9.2MSeries A
moodytiger logo moodytigerFashion2018$20MConvertible Note
Jumppoint logo JumppointLogistics2020$10.8MSeries A
UCOLLEX logo UCOLLEXRetail2021$10MSeries A