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100 Accelerators & Incubators
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100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

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The Founder's Handbook

Top 5 Startups in Shandong in 2024

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

The city 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 fast-growing startups from Shandong, here’s an extensive list of 5 startups founded there.


5 Startups in Shandong

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2,189 Accelerators & Incubators

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

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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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1,190 Unicorns

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

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FinTech Investors
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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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BioTech & Health Investors
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250 BioTech & Health Investors

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

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AI Investors
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250 AI Investors

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

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1) Gambol Pet Group

Gambol Pet Group

Gambol Pet Group is a pet food/treats company with national-level quality and safety.

Details of the startup:

  • Started in: 2006
  • Industries: Food and Beverage, Pet
  • Number of employees: 1001-5000
  • Funding: $70,485,078
  • Funding rounds: 2
  • Number of investors: 4 (Legend Capital, Kohlberg Kravis Roberts, Industrial and Commercial Bank of China, Legend Holdings)

You can find their website here.

2) Teld New Energy

Teld New Energy

Teld New Energy is a network operator for electric vehicle charging stations.

Details of the startup:

  • Started in: 2014
  • Founders: Yongguang Guo
  • Industries: Automotive, Electric Vehicle, Energy, Transportation
  • Number of employees: 251-500
  • Funding: CN¥2,753,000,000
  • Funding rounds: 4
  • Number of investors: 8 (CDH Investments, China Development Bank, China Structural Reform Fund, China Reform Fund Management, Qingdao TGOOD Electric)

You can find their website here.

3) Keenon Robotics

Keenon Robotics

Keenon Robotics is a robotics developer and pioneer focused on commercial service robots.

Details of the startup:

  • Started in: 2010
  • Founders: Tong Li
  • Industries: Industrial Automation, Robotics
  • Number of employees: 101-250
  • Funding: $28,439,186
  • Funding rounds: 2
  • Number of investors: 5 (Source Code Capital, Walden International, Yunqi Partners, iVision Ventures, Shanghai International Group (SIG))

You can find their website here.

4) Inspur Cloud

Inspur Cloud

Inspur Cloud is a global provider of datacenter and cloud computing solutions.

Details of the startup:

  • Started in: 2010
  • Industries: Artificial Intelligence, Cloud Computing, Cloud Data Services, Enterprise, Information Technology, Software
  • Number of employees: 10001+
  • Funding: $2,966,467,481
  • Funding rounds: 4
  • Number of investors: 4 (China Development Bank, CCB International, China Minsheng Bank, Blue Economy Zone Industrial Fund)

You can find their website here.

5) Inmagene Biopharmaceuticals

Inmagene Biopharmaceuticals

It is a well-known biotech firm that specializes on immunology-related therapeutics.

Details of the startup:

  • Industries: Biopharma, Biotechnology, Health Care
  • Number of employees: 51-100
  • Funding: $100,000,000
  • Funding rounds: 1
  • Number of investors: 6 (Highlight Capital, VMS Asset Management, Panacea Venture, Kunlun Fund, South China Venture Capital)

You can find their website here.

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