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The Full List of 14 Unicorn Startups in Jiangsu (2026)

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The Jiangsu province hosts 14 unicorn companies, showing a strong presence in manufacturing and technology sectors. Travel platform LY.com is valued at $3B after raising $1.7B in funding.

The region's industrial strength is also seen in the automotive and semiconductor fields. Electric vehicle maker BYTON also has a $3B valuation, while semiconductor foundry SJ Semi has raised $1.6B.

Below is the full list of 14 Jiangsu unicorn startups at this time.

Top 10 Most Valuable Jiangsu Unicorns

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LY.com runs a major Chinese travel platform that helps users book tickets and accommodations. They focus on creating a hassle-free booking experience for all types of travel.

Valuation$3B
Year Founded2004
FoundersZhixiang Wu
Funding Amount$1.7B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusCorporate Round
Top InvestorsCITIC Capital Holdings, Boyu Capital, Oriza Holdings, Tencent, Trip.com

BYTON develops electric vehicles designed as fully connected smart devices on wheels. They're known for their futuristic interiors, which feature an expansive dashboard screen to create an immersive digital experience.

Valuation$3B (Joined April 2018)
Year Founded2016
FoundersCarsten Breitfeld, Daniel Kirchert
Funding Amount$1.2B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsSuning.com, Tencent, FAW Group, Contemporary Amperex Technology, Foxconn Technology Group

As the sports arm of Suning Holdings Group, Suning Sports builds and manages a portfolio of sports-related assets. This includes operating professional sports clubs and managing media rights to deliver content and services to fans worldwide.

Valuation$3B
Year Founded1990
Founders
Funding Amount$600M
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries A
Top InvestorsSenseTime, YF Capital, Alibaba Group, China Minsheng Bank, Goldman Sachs

VANCL runs a direct-to-consumer e-commerce business selling its own private label fashion. They offer a wide range of simple, comfortable, and affordable apparel for men, women, and children.

Valuation$3B
Year Founded2007
FoundersNian Chen
Funding Amount$522M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries G
Top InvestorsSAIF Partners, IDG Capital, Temasek Holdings, Qiming Venture Partners, Tiger Global Management

SJ Semi operates a Middle-End of Line (MEOL) foundry, providing a critical service in the semiconductor manufacturing process. They implement front-end wafer manufacturing techniques and quality systems for these specialized MEOL operations.

Valuation$2B
Year Founded2014
Founders
Funding Amount$1.6B
Company SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsQualcomm, Legend Capital, Shang Qi Capital, Walden International, Shenzhen Capital Group

Wenheyou creates immersive dining experiences that blend regional Chinese cuisine with nostalgic, retro cityscapes. Their popular restaurant brands are known for transporting customers back in time through detailed, theatrical environments.

Valuation$2B (Joined April 2021)
Year Founded2011
FoundersBin Feng
Funding Amount$90.7M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsHarvest Capital, GIC, IDG Capital, HSG, Warburg Pincus

Wellong Etown built a digital logistics platform for managing global road and sea freight. Their system uses smart load matching to help carriers find profitable shipments and reduce operational costs.

Valuation$2B
Year Founded2007
Founders
Funding Amount
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsCCB International

Bordrin Motors develops smart electric vehicles as part of a larger ecosystem for modern travel. Their work focuses on providing solutions for smart travel, mobile energy, and shared economic models.

Valuation$1.48B (Joined June 2019)
Year Founded2016
FoundersXiming Huang
Funding AmountCN¥2.5B
Company SizeMid-Size Team (51-250)
Last Funding StatusCorporate Round
Top InvestorsHuai'an Yuanxing Investment, Sumitomo Corporation Equity Asia, Prosperity Investment, Sinochem International

B&C Chemical focuses on the research and production of mid-to-high-end photoresists and related raw materials. Their advanced materials are key components in the manufacturing of semiconductors.

Valuation$1.02B (Joined April 2023)
Year Founded2010
Founders
Funding AmountCN¥900M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsXingxiang Yuan, HNA Group, Qingsong Fund, Chinachem Group, Suzhou International Development Venture Capital

SolarSpace develops and produces high-efficiency solar cells, a critical component for the renewable energy industry. They focus on advancing photovoltaic technology to help accelerate the global adoption of solar power.

Valuation$1B
Year Founded2011
Founders
Funding AmountCN¥3B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries B
Top InvestorsShanda Capital, Wanlin Holding, Yingke Capital, Xizi United Holdings, Sinochem Capital

The Remaining 4 Unicorns Founded in Jiangsu

The ten most valuable unicorns are only a piece of the picture in Jiangsu. A handful of other companies are also hitting the billion-dollar mark in fields like mobility, healthcare, and retail. These businesses have raised nearly $3 billion combined. Here’s a look at the other unicorn startups shaping the province.

Unicorn StartupMain IndustryYear FoundedAmount RaisedValuation
Snack Is Busy logo Snack Is BusyFood2016$198.5M$1B
Scivita Medical Technology logo Scivita Medical TechnologyHealthcare2016CN¥800M$1B
Aijia Home Furnishing Products logo Aijia Home Furnishing ProductsRetail2015CN¥1B$1B
T3 Mobile Travel Services logo T3 Mobile Travel ServicesMobility2019CN¥17.5B$1B

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