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.
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Get the Sheet for $50RedotPay 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.
| Headquarters | Central, Hong Kong Island, Hong Kong |
| Year Founded | 2023 |
| Founders | Jonathan Chan, Michael Gao |
| Funding Amount | $87M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Accel, 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.
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2020 |
| Founders | John Patrick Mullin |
| Funding Amount | $20M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Inveniam 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.
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2023 |
| Founders | Allen Ng, Sean Tao |
| Funding Amount | $11M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Gate, 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.
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | $6.1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Undisclosed |
| Top Investors | Plug 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.
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | $155M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | DBS 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.
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2024 |
| Founders | — |
| Funding Amount | $111M |
| Startup Size | — |
| Last Funding Status | Venture Round |
| Top Investors | Foresight 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.
| Headquarters | Sha Tin, New Territories, Hong Kong |
| Year Founded | 2014 |
| Founders | Alfie Jianbin Zhao, Jianyi Zhao |
| Funding Amount | $665.1k |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Product 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.
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2018 |
| Founders | — |
| Funding Amount | HK$200M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Lufax |
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.
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2020 |
| Founders | — |
| Funding Amount | $47.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | HSG, 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.
| Headquarters | Sheung Wan, Hong Kong Island, Hong Kong |
| Year Founded | 2013 |
| Founders | Aananth Solaiyappan, Frances Kang, Kelly Wong, Simon Loong |
| Funding Amount | $899.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Undisclosed |
| Top Investors | International 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.