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The 8 Unicorns Founded in Jiangsu [Updated 2023]

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There’s no doubt that the startup scene in Jiangsu is unique.

The state has created dozens of successful startups, over the years. Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about unicorns, here’s the complete list of 8 unicorn companies in Jiangsu.

The 8 Unicorns in Jiangsu

Accelerators & Incubators List
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2,658 Accelerators & Incubators

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50

1) SVOLT

SVOLT

SVOLT (Silicon Valley Organization of Lithium Technologies) is a Silicon Valley-based lithium battery technology company that offers electric vehicle (EV) materials, cells, modules, packs, systems and BMS to drive the EV revolution.

Details of the startup:

  • Valuation: $6.51B (June 2020)
  • Started in: 2018
  • Industries: Battery, Electric Vehicle, Energy, Energy Storage, Manufacturing
  • Number of employees: 5,000-10,000
  • Funding: $300.00M
  • Funding rounds: 4
  • Number of investors: 25

You can find their website here.

2) Abogen Biosciences

Abogen Biosciences

Abogen Biosciences is a biotechnology company in the discovery phase that focuses on the development of nucleic acid-based RNA and DNA therapeutics.

Details of the startup:

  • Valuation: $3.70B (November 2021)
  • Started in: 2019
  • Founders: James Nightingale
  • Industries: Biotechnology, Genetics, Science
  • Number of employees: 501-1000
  • Funding: $1,400.00M
  • Funding rounds: 33
  • Number of investors: 2

You can find their website here.

3) BYTON

BYTON

BYTON is a global company that designs, develops, and markets smart connected electric vehicles.

Details of the startup:

  • Valuation: $2.50B (April 2018)
  • Started in: 2016
  • Founders: Carsten Breitfeld, Daniel Kirchert
  • Industries: Automotive, Autonomous Vehicles, Electric Vehicle
  • Number of employees: 1,000-5,000
  • Funding: $330.93M
  • Funding rounds: 5
  • Number of investors: 9

You can find their website here.

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4) Star Charge

Star Charge

Star Charge focuses on developing and manufacturing the new energy vehicle charging equipment.

Details of the startup:

  • Valuation: $2.41B (May 2021)
  • Started in: 2014
  • Founders: Shao Danwei
  • Industries: Automotive, Electric Vehicle, Electronics
  • Number of employees: 1,000-5,000
  • Funding: $125.58M
  • Funding rounds: 2
  • Number of investors: 6

You can find their website here.

5) Carzone

Carzone

Carzone is an automotive e-commerce site.

Details of the startup:

  • Valuation: $1.52B (March 2019)
  • Started in: 1995
  • Founders: Baoguo Shang
  • Industries: Automotive, E-Commerce
  • Number of employees: 5,000-10,000
  • Funding: $946.49M
  • Funding rounds: 6
  • Number of investors: 11

You can find their website here.

6) Hosjoy

Hosjoy

Hosjoy provides an online platform for home decoration and furnishing services, including cooling and heating system, fresh air system, water purification system, intelligent system, and more.

Details of the startup:

  • Valuation: $1.00B (October 2018)
  • Started in: 2009
  • Founders: Yong Tao
  • Industries: E-Commerce
  • Funding: $138.53M
  • Funding rounds: 5
  • Number of investors: 7

You can find their website here.

7) Yunxuetang

Yunxuetang

Yunxuetang is a enterprise training platform with ad hoc training courses, flexible learning systems, and professional industry resources.

Details of the startup:

  • Valuation: $1.00B (March 2021)
  • Started in: 2011
  • Founders: Jane Ding, Ruize Lu
  • Industries: Corporate Training, Professional Services, Software
  • Number of employees: 500-1,000
  • Funding: $397.28M
  • Funding rounds: 8
  • Number of investors: 12

You can find their website here.

8) China Cloud

China Cloud

Chinac.com is the largest domestic cloud computing infrastructure operator that provides IT solutions and outsourcing services.

Details of the startup:

  • Valuation: $1.00B (June 2018)
  • Started in: 2010
  • Founders: Xu Guangbin
  • Industries: Cloud Computing, Cloud Data Services, Consulting, Enterprise, Enterprise Software, SaaS, Software, Web Design
  • Number of employees: 1,000-5,000
  • Funding: $522.80M
  • Funding rounds: 5
  • Number of investors: 11

You can find their website here.

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