Jiangsu's startup scene is heavily focused on advanced manufacturing and robotics. Companies like Dreame Technology, which produces high end consumer electronics, have attracted over $578 million in funding.
Beyond hardware, the region also shows strength in biotechnology, with firms like IASO Biotherapeutics raising over $241 million.
Below is our list of 100 Jiangsu startups worth keeping an eye on.
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Get the Sheet for $50Dreame Technology builds a line of high-end smart cleaning appliances, including robotic vacuums and high-speed hair dryers. They specialize in engineering powerful digital motors and intelligent systems to deliver premium performance across their product line.
| Year Founded | 2015 |
| Founders | Yu Hao |
| Funding Amount | $578.1M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series C |
| Top Investors | IDG Capital, Xiaomi, Shunwei Capital, Harvest Capital Management, Huaxing Growth Capital |
Xingmai Innovation builds intelligent swimming pool cleaning robots. Their technology automates pool maintenance, offering a hands-free and efficient cleaning experience for owners.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | CN¥1.2B |
| Startup Size | — |
| Last Funding Status | Venture Round |
| Top Investors | Hillhouse Investment, Cathay Capital, Source Code Capital, Shunwei Capital, Anker Innovations |
Accro Bioscience develops novel therapeutics by targeting the molecular mechanisms of regulated cell death. This clinical-stage biotech company is focused on creating treatments for human diseases such as acute kidney injury and solid tumors.
| Year Founded | 2016 |
| Founders | — |
| Funding Amount | $63.8M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | Shenzhen Capital Group, Morningside, 5Y Capital, GF Xinde Investment Management, Hefei Innovation Investment |
IASO Biotherapeutics develops innovative cell therapies to treat various forms of cancer. The clinical-stage biopharmaceutical company focuses on creating new treatments for hematologic malignancies and solid tumors.
| Year Founded | 2017 |
| Founders | Xuefei Huang |
| Funding Amount | $241.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Corporate Round |
| Top Investors | CDH Investments, Hillhouse Investment, Innovent Biologics, Everbright, EFung Capital |
LeXiang Intelligence is building a new generation of general-purpose robots for both consumer and commercial use. They specialize in embodied intelligence, with the goal of bringing helpful robots into everyday life at home and at work.
| Year Founded | 2024 |
| Founders | — |
| Funding Amount | CN¥300M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Angel |
| Top Investors | Sequoia Capital, Matrix Partners China, IDG Capital, Eastern Bell Capital, ZhenFund |
VIPMRO operates an e-commerce marketplace focused on industrial products for maintenance, repair, and operations. Their platform serves as a one-stop shop for businesses to procure necessary supplies and equipment.
| Year Founded | 2014 |
| Founders | — |
| Funding Amount | $16.6M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | JD.com, Yunqi Partners, Puhua Capital, Welight Capital, SR Capital |
Audfly Technology builds directional audio hardware that beams sound to a specific listener or area. Their patented technology creates precise audio zones for applications in digital signage, museums, and retail, eliminating noise pollution.
| Year Founded | 2015 |
| Founders | Zhen Li, Zheng Kuang |
| Funding Amount | CN¥115.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Private Equity |
| Top Investors | Lenovo Capital and Incubator Group (LCIG), SND Ventures Group, Kington Capital, Bohai Securities, JiangSu QianRong Assets Management |
Grenergy develops high-performance power management chips designed to improve energy efficiency. Their components are used across a range of sectors, including consumer electronics, industrial controls, and automotive systems.
| Year Founded | 2016 |
| Founders | — |
| Funding Amount | $345M |
| Startup Size | — |
| Last Funding Status | Debt Financing |
| Top Investors | Natixis Corporate & Investment Banking, Societe Generale, BNP Paribas, Vertex Ventures China, Scotiabank |
Lymow Technology manufactures robotic lawnmowers designed to automate residential yard care. Their machines use smart navigation and app-based controls to maintain lawns with minimal human intervention.
| Year Founded | 2022 |
| Founders | — |
| Funding Amount | $15.9M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Ivy Capital, UnityVC, FutureX Capital, Gobi China, Richen Capital |
Galaxea AI creates intelligent humanoid robots designed for general-purpose use in industrial settings. The company specializes in embodied AI, developing robots capable of automating complex manufacturing tasks to enhance productivity.
| Year Founded | 2023 |
| Founders | — |
| Funding Amount | $169.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Meituan, Cathay Capital, Ant Group, Xianghe Capital, Lenovo Capital and Incubator Group (LCIG) |
90 Additional Jiangsu Startups Worth Following
The top 10 are just a small part of what’s happening across Jiangsu. Founders are building all kinds of companies, especially in biotech and hardware, raising billions along the way. Some are brand new and others have been around for years, but they are all worth watching. Here’s a look at the other startups that are shaping the province's future.