Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Accelerators & Incubators
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100 Top Unicorns
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
The Founder's Handbook

Top 54 Minhang Startups to Watch in 2026

Description

CTA

Minhang, a district of Shanghai, is home to a strong group of deep tech and advanced manufacturing companies. AI chip developer Biren Technology has attracted significant investment, securing over $785 million in funding.

The local startup ecosystem also features many firms in biotechnology and industrial automation.

Below is our list of 54 Minhang startups worth keeping an eye on.

Failory's Top 10 Picks

Fundraising OS
Tool
Fundraising OS

Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.

Buy It For $97 $297
Accelerators & Incubators List
Sheet
2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

Get the Sheet for $50
Complete Unicorns List
Sheet
1,600+ Unicorns

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

Get the Sheet for $50
BioTech & Health Investors
Sheet
250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50
AI Investors
Sheet
250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

Get the Sheet for $50
FinTech Investors
Sheet
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 $50

Biren Technology develops intelligent processors and general-purpose GPUs for AI computation. Their hardware is based on proprietary GPU and DSA architectures, designed for high-performance computing.

Year Founded2019
FoundersJiao Guofang, Zhang Wen
Funding Amount$785.2M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsQiming Venture Partners, Hillhouse Investment, Walden International, BAI capital, IDG Capital

YolTech Therapeutics is building a platform that combines gene editing with a proprietary lipid nanoparticle (LNP) delivery system. This technology is engineered to create a new class of genetic medicines for difficult-to-treat diseases.

Year Founded2021
Founders
Funding AmountCN¥500M
Startup SizeLean Team (11-50)
Last Funding StatusSeries B
Top InvestorsCore Energy Ventures, K2VC, Decheng Capital, Green Pine Capital Partners, UnityVC

Volant Aerotech develops and manufactures electric vertical take-off and landing (eVTOL) aircraft for passenger transport. Their team handles the entire lifecycle of these aircraft, from initial research and development all the way to manufacturing and service.

Year Founded2021
Founders
Funding AmountCN¥500M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsLegend Capital, CDH Investments, Vision Plus Capital, China Internet Investment Fund, Shunwei Capital

Mufan Power delivers specialized engineering and consulting for industrial turbomachinery like gas and steam turbines. Their services help power generation clients optimize equipment for greater efficiency and reliability throughout its lifecycle.

Year Founded2015
Founders
Funding AmountCN¥313.9M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsQiming Venture Partners, Fortune Venture Capital, Shunwei Capital, Hillhouse Ventures, Oriental Fortune Capital

Belief BioMed develops and manufactures gene therapies for a range of clinical applications. Their work centers on creating new adeno-associated virus (AAV) vectors to deliver these treatments effectively.

Year Founded2018
FoundersXiao Xiao
Funding Amount$204M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsQiming Venture Partners, Northern Light Venture Capital, Sherpa Healthcare Partners

Moyang Biotechnology develops nano to micro biomedical materials and implantable products for the healthcare industry. They specialize in creating these advanced materials for a variety of medical applications.

Year Founded2018
Founders
Funding AmountCN¥100M
Startup Size
Last Funding StatusSeries C
Top InvestorsHuagai Capital, Lanchi Ventures, BioTrack Capital, Hengxu Capital, Jinding Capital

Haohai Xingkong Robotics develops embodied intelligent robots to serve the industrial and manufacturing sectors. These machines are designed to handle complex service tasks by integrating advanced AI with robotics.

Year Founded2025
Founders
Funding AmountCN¥40M
Startup Size
Last Funding StatusSeries A
Top InvestorsZhejiang Xiantong Rubber & Plastic

XellSmart develops novel stem cell therapies for a range of degenerative diseases. Their work specifically targets conditions that currently lack any clinical treatment options.

Year Founded2021
FoundersXiang Li
Funding AmountCN¥177M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsHSG, Qiming Venture Partners, Eli Lilly, BioVenture, Lilly Asia Ventures

TOPNC develops and manufactures high-end CNC machine tools for industrial applications. Their systems are built with a focus on precision transmission and advanced process technologies for demanding sectors like aerospace.

Year Founded2007
Founders
Funding AmountCN¥500M
Startup Size
Last Funding StatusSeries D
Top InvestorsLegend Capital, Brill Capital, Huizhong Tide

Semitech creates intelligent manufacturing systems designed for high-tech industries. Their integrated software platforms provide automation, scheduling, and yield management solutions to semiconductor manufacturers.

Year Founded2017
Founders
Funding AmountCN¥1.2B
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsHillhouse Investment, Shenzhen Capital Group, Matrix Partners China, China Internet Investment Fund, BYD Company

44 Additional Minhang Startups Worth Following

The top 10 are just a small slice of the activity across Minhang right now. New companies are popping up in a wide range of fields, from AI and robotics to healthcare and food, raising hundreds of millions in funding.

Some are just getting started on their journey, while others are already scaling up fast. Here’s a look at the other startups that are helping to define the region's future.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Tianhu Technology logo Tianhu TechnologyAI2021$25.2MSeries A
Titanium Robotics Technology logo Titanium Robotics TechnologyHardware2020CN¥200MCorporate Round
Leju Technology logo Leju TechnologyLogistics2018CN¥200MSeries B
Makuku logo MakukuRetail2020$30MSeed
Tushen Zhihe logo Tushen ZhiheAI2023$1.5MSeed
Mabang ERP logo Mabang ERPEnterprise2010$77.2MSeries B
Guoquan Shihui logo Guoquan ShihuiFood2017$551.8MVenture Round
Shijia Technology logo Shijia TechnologyMobility2021CN¥100MSeries A
Yixi Technology logo Yixi TechnologyManufacturing2022CN¥200MVenture Round
Dearer Medical logo Dearer MedicalFashion2017CN¥720MVenture Round
Kai Medtech logo Kai MedtechHealthcare2019CN¥200MSeries C
Yikon Genomics logo Yikon GenomicsBiotech2012$69.7MSeries D
JoyMed Technology logo JoyMed TechnologyHealthcare2014CN¥138MSeries B
Shuhai Supply Chain Logistics logo Shuhai Supply Chain LogisticsFood2011CN¥800MSeries B
Lianku logo LiankuCloud2022$29.2MSeries A
X-Imaging logo X-ImagingMedia2009CN¥150MSeries B
DeepSight logo DeepSightAI2017$11.5MSeries A
Mistine logo MistineFashion1988CN¥200MSeries A
Matrixtime Robotics logo Matrixtime RoboticsMedia2018$33.7MSeries A
Hutouju logo HutoujuFood2020$50MVenture Round
Matwings Technology logo Matwings TechnologyFood2021CN¥100MSeries A
Pinnacles Medical logo Pinnacles MedicalAI2020CN¥300MSeries A
Guoyutang Pharmaceutical Technology logo Guoyutang Pharmaceutical TechnologyBiotech2025CN¥10MAngel
Chengdu Tuomei Shuangdu logo Chengdu Tuomei ShuangduMedia2018CN¥500MVenture Round
Cyclone logo CycloneAutomation2015$50MSeries B
Xiding Intelligent logo Xiding IntelligentAI2020CN¥100MSeries A
Qingflow logo QingflowSaaS2015CN¥75MSeries B
BD Gene Therapeutics logo BD Gene TherapeuticsBiotech2018CN¥210MSeries B
PET MARVEL logo PET MARVELHardware2019CN¥120MSeries A
Deli Automobile logo Deli AutomobileMobility2017CN¥700MSeries B
Boyin Hearing logo Boyin HearingHealthcare2019CN¥200MSeries B
Yishi Technology logo Yishi TechnologyMedia2017CN¥100MSeries A
Botai Automation logo Botai AutomationManufacturing2023CN¥130MSeed
Xinxiwang logo XinxiwangEnterprise2023$10MVenture Round
Bangyao Biological logo Bangyao BiologicalBiotech2013CN¥200MSeries B
Xinhengrui Medical logo Xinhengrui MedicalHealthcare2021CN¥100MSeries A
Rongshujia logo RongshujiaHealthcare2016CN¥160MSeries B
Umai Technology logo Umai TechnologyMarketing2015$20MSeries A
Rigen Biotech logo Rigen BiotechBiotech2017CN¥100MSeries B
Gmex.io logo Gmex.ioCrypto2013$27.6MVenture Round
JAKA logo JAKAAutomation2014CN¥175MSeries C
Lito Medical logo Lito MedicalHealthcare2016$60MSeries A
Tejin Intelligence logo Tejin IntelligenceRobotics2003CN¥100MSeries B
Manhuadao logo ManhuadaoMedia2006CN¥73MSeries D

Description

CTA
The All-In-One Newsletter for Startup Founders

90% of startups fail. Learn how not to with our weekly guides and stories. Join +40,000 other startup founders!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.