Nanjing is home to six unicorn startups, with a notable concentration in the mobility and automotive industries. Electric vehicle company BYTON is valued at $3 billion, having raised $1.2 billion in funding.
The city's high-value companies are not limited to one sector. Suning Sports also carries a $3 billion valuation, while logistics firm Wellong Etown is valued at $2 billion.
Below is the full list of 6 Nanjing unicorn startups at this time.
Top 6 Most Valuable Nanjing Unicorns
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250 BioTech & Health Investors
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Get the Sheet for $50BYTON builds electric vehicles designed as fully connected smart devices on wheels. Their approach emphasizes the in-car digital experience, integrating advanced connectivity and a signature large-format display for passengers.
| Valuation | $3B (Joined April 2018) |
| Year Founded | 2016 |
| Founders | Carsten Breitfeld, Daniel Kirchert |
| Funding Amount | $1.2B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Suning.com, Tencent, FAW Group, Contemporary Amperex Technology, Foxconn Technology Group |
As the sports arm of Suning Holdings Group, they manage a diverse business that includes online media, retail, and sports club operations. They are widely recognized for a strategic partnership with Italian football club Inter Milan.
| Valuation | $3B |
| Year Founded | 1990 |
| Founders | — |
| Funding Amount | $600M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series A |
| Top Investors | SenseTime, YF Capital, Alibaba Group, China Minsheng Bank, Goldman Sachs |
Wellong Etown built a smart logistics platform to manage freight by road and sea. They provide an online marketplace that connects shippers to carriers, helping trucking companies and shipping lines find and book profitable jobs.
| Valuation | $2B |
| Year Founded | 2007 |
| Founders | — |
| Funding Amount | — |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | CCB International |
Bordrin Motors develops smart electric vehicles aimed at creating a more connected travel experience. Their work extends beyond the car itself to include mobile energy systems and shared mobility platforms.
| Valuation | $1.48B (Joined June 2019) |
| Year Founded | 2016 |
| Founders | Ximing Huang |
| Funding Amount | CN¥2.5B |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Corporate Round |
| Top Investors | Huai'an Yuanxing Investment, Sumitomo Corporation Equity Asia, Prosperity Investment, Sinochem International |
Aijia Home Furnishing Products operates an online marketplace for modern furniture and home decor. Their platform connects consumers directly with a curated selection of items to design and furnish their homes.
| Valuation | $1B |
| Year Founded | 2015 |
| Founders | Dingguo Pan, Jun Chen |
| Funding Amount | CN¥1B |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | Tiantu Capital, Fortune Capital, Zhisland Capital |
T3 Mobile Travel Services created the T3 Go app, a national ride-hailing platform for the Chinese market. Their service connects passengers with drivers and emphasizes a safe, reliable, and standardized travel experience.
| Valuation | $1B |
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | CN¥17.5B |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | CITIC Capital Holdings, Alibaba Group, LY.com, Tencent, Changan Automobile |