Hong Kong is home to 10 unicorn startups spanning industries from logistics and fintech to the metaverse. The ecosystem includes both established companies and several recent additions.
Logistics company Lalamove leads the group with a $10 billion valuation. Meanwhile, newer companies like Endless, founded in 2024, show the continued growth of the region's startup scene.
Below is the full list of 10 Hong Kong unicorn startups at this time.
Top 10 Most Valuable Hong Kong Unicorns
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Lalamove built an on-demand delivery platform connecting businesses and individuals with local drivers for same-day service. Their app allows users to book a wide range of vehicles, making it easy to transport anything from documents to bulky furniture quickly.
| Valuation | $10B |
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2013 |
| Founders | Chow Shing Yuk, Gary Hui, Santit Jirawongkraisorn |
| Funding Amount | $2.5B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | HSG, Vitruvian Partners, Shunwei Capital, Eastern Bell Capital, Hillhouse Investment |
Animoca Brands develops and publishes a wide portfolio of blockchain games and metaverse projects that advance digital property rights through NFTs. They are a major force in building the open metaverse, known for products like The Sandbox and a vast range of investments in Web3 companies.
| Valuation | $6B |
| Headquarters | Cyberport, Hong Kong Island, Hong Kong |
| Year Founded | 2014 |
| Founders | Yat Siu |
| Funding Amount | $863.2M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Coinbase Ventures, Accel, 500 Global, Temasek Holdings, HSG |
Micro Connect operates a financial market platform that links global capital with the daily revenues of small businesses. They have pioneered a new asset class, Daily Revenue Contracts, to make micro-enterprises a tradable and investable category.
| Valuation | $2B (Joined August 2023) |
| Headquarters | Central, Hong Kong Island, Hong Kong |
| Year Founded | 2021 |
| Founders | Charles Li |
| Funding Amount | $668M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Jane Street Capital, HSG, Lenovo Capital and Incubator Group (LCIG), Hang Seng Bank, Baillie Gifford |
RedotPay develops crypto payment services that connect digital assets to everyday spending. They provide users with stablecoin-powered payment cards and a multi-currency wallet for making global transactions.
| Valuation | $1B |
| Headquarters | Central, Hong Kong Island, Hong Kong |
| Year Founded | 2023 |
| Founders | Jonathan Chan, Michael Gao |
| Funding Amount | $87M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Coinbase Ventures, Lightspeed Venture Partners, Vertex Ventures, Accel, HSG |
Humanity Protocol offers developers a proof-of-personhood system to authenticate unique human users. Their technology is designed to create a more Sybil-resistant and trustworthy experience across Web3.
| Valuation | $1B (Joined February 2024) |
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2023 |
| Founders | Terence Kwok |
| Funding Amount | $51.5M |
| Company Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Animoca Brands, Polygon, Hashed, Blockchain.com, Pantera Capital |
WeLab operates a fintech platform that delivers virtual banking and consumer financing solutions to customers in Asia. Their technology powers a suite of digital financial services, including personal loans and savings products, directly through a mobile-first experience.
| Valuation | $1B (Joined November 2017) |
| Headquarters | Sheung Wan, Hong Kong Island, Hong Kong |
| Year Founded | 2013 |
| Founders | Aananth Solaiyappan, Frances Kang, Kelly Wong, Simon Loong |
| Funding Amount | $899.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Undisclosed |
| Top Investors | HSG, Tribe Capital, Lakestar, Palm Drive Capital, International Finance Corporation |
Endless offers a distributed protocol that uses intelligent components to help developers transition their Web2 applications into the Web3 space. The platform is built to reduce the technical hurdles involved, making it simpler for existing apps to integrate with the decentralized web.
| Valuation | $1B (Joined February 2025) |
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2024 |
| Founders | — |
| Funding Amount | $111M |
| Company Size | No Data |
| Last Funding Status | Venture Round |
| Top Investors | Foresight Ventures |
Cider built a global, direct-to-consumer fashion brand selling trendy apparel and accessories online. Their collections are known for being inspired by different city aesthetics, catering to a worldwide audience.
| Valuation | $1B (Joined September 2021) |
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2020 |
| Founders | Fenco Lin, Michael Chen Wang, Yu Oppel |
| Funding Amount | $140M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Greenoaks, Andreessen Horowitz, Chuxin Capital, DST Global, IDG Capital |
GoGoX built an app-based platform that offers on-demand delivery and logistics services throughout Asia. They connect individuals and businesses with a network of drivers and vehicles for a wide range of needs, from sending small packages to full-scale moving services.
| Valuation | $1B |
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2013 |
| Founders | Reeve Kwan, Steven Lam |
| Funding Amount | $376.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Alibaba Group, 58 Daojia, Cainiao Logistics, Alibaba Entrepreneurs Fund, Cyberport Hong Kong |
POIZON built a platform for trading authentic sneakers that also serves as an interactive community for fashion enthusiasts. Their marketplace is centered on a rigorous authentication process, making it a trusted destination for buying and selling genuine sneakers.
| Valuation | $1B (Joined April 2019) |
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2015 |
| Founders | Yang Bing |
| Funding Amount | — |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series B |
| Top Investors | Prometheus Capital, Gaorong Capital, DST Global, HSG |