Hubei's startup scene is shaped by advanced manufacturing and biotechnology. The region is home to companies creating new forms of transportation and healthcare.
Electric vehicle maker Voyah has secured CN¥5B in funding. Another mobility company, HT Aero, is developing flying vehicles with $750M in backing.
Below is our list of 56 Hubei startups worth keeping an eye on.
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Get the Sheet for $50Voyah develops and manufactures premium electric vehicles equipped with autonomous driving capabilities. The China-based automaker is currently expanding into the European market as part of its global growth strategy.
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | CN¥5B |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Bank of China, Ganfeng Lithium, Industrial and Commercial Bank of China, Sunwoda Electronic, BOCOM International |
iRegene develops in vivo gene therapies to treat neurodegenerative and rare genetic diseases. Their proprietary AAV delivery platform enables highly efficient and specific gene delivery to the central nervous system.
| Year Founded | 2017 |
| Founders | Jun Wei |
| Funding Amount | CN¥200M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Northern Light Venture Capital, Lotus Lake Ventures, Wuhan Optics Valley Industrial Investment, Chengdu High-tech Ceyuan Capital, Chuangjing Capital |
Xingji Meizu Group builds an ecosystem of smart devices, aiming to seamlessly integrate consumer electronics with the automotive industry. The company's offerings span from Meizu smartphones and XR glasses to its proprietary Flyme OS, which powers both mobile devices and in-car systems.
| Year Founded | 2023 |
| Founders | — |
| Funding Amount | CN¥2B |
| Startup Size | — |
| Last Funding Status | Series A |
| Top Investors | Winreal Investment, Harvest Global Investments, Xingyuan Fund, Asia Investment Fund, QC Capital |
HT Aero is developing an electric vehicle that can both drive on roads and take to the skies for low-altitude flight. As Asia's largest flying car company, they are focused on producing safe and intelligent flying vehicles for individual users.
| Year Founded | 2013 |
| Founders | — |
| Funding Amount | $750M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series B |
| Top Investors | HSG, IDG Capital, Eastern Bell Capital, Xpeng Motors, 5Y Capital |
Polarisic develops specialized chips for depth perception and low-light imaging. Their products are built on dToF and SPAD technologies to enable precise 3D sensing for autonomous systems and consumer electronics.
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | CN¥250M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Legend Capital, Boyu Capital, CMB International Capital Corporation, SigmaStar, Nanshan War Xintou |
ABclonal supplies the global scientific community with a comprehensive range of biological reagents, specializing in antibodies and molecular enzymes. Their products and custom services support researchers and companies in the biotechnology and biopharma industries.
| Year Founded | 2011 |
| Founders | — |
| Funding Amount | $282.1M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | HSG, LYFE Capital, Loyal Valley Capital, Oriza Fund of Funds, CMB International Capital Corporation |
Chime Biologics offers contract development and manufacturing solutions to the global biopharmaceutical industry. They specialize in taking complex biologic drugs from early-stage development all the way through to commercial-scale production.
| Year Founded | 2013 |
| Founders | Andrew Ng, John Zeng |
| Funding Amount | $332.4M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | BioVenture, Panacea Venture, Fidelity International, VMS Asset Management, Panacea Venture |
Cobot builds an intelligent operating system that acts as the brain for industrial and educational robots. Their system uses AI and 3D vision to enable robots to perform complex manipulation tasks with more autonomy.
| Year Founded | 2016 |
| Founders | Miao Li, Yan Li |
| Funding Amount | CN¥252M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Matrix Partners China, GGV Capital, AlphaX Partners, Guoxin Fund, Empower Investment |
XW Laboratories develops novel therapeutics for people suffering from neurological disorders. The clinical-stage biopharmaceutical company is advancing its pipeline of internally discovered drugs for conditions like Parkinson's disease and narcolepsy.
| Year Founded | 2014 |
| Founders | Jia-Ning Xiang |
| Funding Amount | $57.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series C |
| Top Investors | Kleiner Perkins, WI Harper Group, Panacea Venture, WuXi Healthcare Ventures, CDIB Capital |
Nekcom develops and produces video games with a focus on creating immersive experiences across console, PC, and VR. The studio is best known for its horror puzzle series DYING and the upcoming action RPG SHOWA AMERICAN STORY.
| Year Founded | 2011 |
| Founders | Xiangyu Luo |
| Funding Amount | $23M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Corporate Round |
| Top Investors | Galaxy Interactive, GCL Global Holdings |
46 Additional Hubei Startups Worth Following
Our top ten picks are just a glimpse into the activity happening in Hubei. Founders are building companies in everything from biotech to manufacturing, and they have raised billions of dollars to do it.
Some of these companies are just getting started, while others have been growing for years. Here is a look at the other companies that are shaping Hubei's startup scene.