Nanjing is home to a growing number of technology companies. The city shows particular strength in deep tech sectors like biotechnology and semiconductors.
Leading the pack are companies like Iluvatar CoreX, which has raised $353.3M, and Grenergy with $345M in funding. These firms are developing high-performance computing solutions and energy-saving chips, respectively.
Below is our list of 51 Nanjing startups worth keeping an eye on.
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Get the Sheet for $50IASO Biotherapeutics develops innovative cell therapies aimed at treating various forms of cancer. As a biopharmaceutical company, their work is centered on creating new therapeutic options for patients in the field of oncology.
| 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 |
Grenergy designs and sells high-performance power management chips focused on energy efficiency. Their analog and mixed-signal circuits are used in a wide range of applications, including consumer electronics, industrial control, 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 |
Lisuan Technology develops graphics rendering GPUs for the semiconductor market. Their chips are engineered to handle the demanding visual computing required for applications like the metaverse.
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | CN¥200M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Seed |
| Top Investors | Oceanpine Capital, Ondine Capital, Delta Capital, Jiangmen Venture Capital, ShareLink Capital |
Digitgate Communication Technology develops solutions focused on optimizing wireless communication networks. They provide specialized hardware and services to improve network performance and coverage for telecommunications infrastructure.
| Year Founded | 2014 |
| Founders | — |
| Funding Amount | CN¥100M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series C |
| Top Investors | Addor Capital, Nanjing Innovation Capital Group, Bondshine Capital, Beijing E-town International Investment & Development, DianLiang Capitals |
Enrikenuo researches and develops a new generation of cell-based drugs using CAR-NK technology. The company's work is focused on creating advanced cellular therapies to treat a variety of medical conditions.
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | CN¥200M |
| Startup Size | — |
| Last Funding Status | Series A |
| Top Investors | Wanbang Pharmaceutical Technology, Shenzhen Capital Group, Green Pine Capital Partners, Tasly Capital, Nanshan War Xintou |
Singleron Biotechnologies creates pioneering single-cell multi-omics solutions for both scientific research and clinical diagnostics. They provide an integrated suite of products, including automated instruments and analysis software, to help researchers make discoveries at the cellular level.
| Year Founded | 2018 |
| Founders | Jing Zhou, Nan Fang |
| Funding Amount | $144.6M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | ARCH Venture Partners, Tencent, Lilly Asia Ventures, CDH Investments, Sherpa Healthcare Partners |
Zimi designs and manufactures portable battery chargers and other accessories for consumer electronic devices. As a core enterprise in the Xiaomi ecosystem, they specialize in power banks and related mobile products.
| Year Founded | 2012 |
| Founders | Verne Zhang |
| Funding Amount | $117.8M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Xiaomi, Shunwei Capital, GGV Capital |
Triastek develops pharmaceutical solutions using its proprietary 3D printing technology for drug delivery. Their Melt Extrusion Deposition (MED) platform enables the creation of oral medications with precisely controlled release profiles.
| Year Founded | 2015 |
| Founders | Senping Cheng, Xiaoling LI |
| Funding Amount | CN¥680M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Matrix Partners China, Yunqi Partners, Volcanics Venture, Dalton Venture, CPE |
Iluvatar CoreX creates high-performance computing solutions, centered around its general-purpose GPU (GPGPU) chipsets and proprietary software platform. These solutions are built to handle intensive tasks such as AI model training, inference, and complex graphics rendering.
| Year Founded | 2015 |
| Founders | Yunpeng Li |
| Funding Amount | $353.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Centurium Capital, Zhongguancun Science City Science, Cedarlake Capital, HOPU Investment Management Company, Princeville Capital |
FancyTech builds a data application system for e-commerce businesses to unify and analyze their operational data. Their platform's suite of tools, including business intelligence and a customer data platform, helps sellers achieve data-driven growth and automate marketing.
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | $23.7M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | GSR Ventures, GSR United Capital, DCM Ventures, Huashan Capital, GeniLink Capital |
41 Additional Nanjing Startups Worth Following
Our top ten picks only scratch the surface of what's happening in Nanjing. Founders are tackling big problems in fields like biotech and mobility, and have raised billions of dollars to fund their work.
The full list includes companies at every stage, from recent launches to more established names. Here is a look at the other startups that make Nanjing's tech scene so exciting.