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.
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.
This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries and stages they generally invest in.
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.
There’s no doubt that the startup scene in Shanghai 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 unicorns, here’s the complete list of 41 unicorn companies in Shanghai.
Xiaohongshu is the latest innovation in social interaction, a way to share your experiences and learn from those around you.
Details of the startup:
Valuation:
$20.00
B (
March 2016
)
Country:
China
City:
Shanghai
Started in:
2013
Founders:
Charlwin Mao Wenchao, Miranda Qu
Industries:
E-Commerce, Mobile Apps, Shopping, Social
Number of employees:
1,000-5,000
Funding Amount:
$917.50M
Number of funding rounds:
8
Number of investors:
10
Zongmu Technology is a Chinese self-driving tech firm.
Details of the startup:
Valuation:
$11.40
B (
June 2021
)
Country:
China
City:
Shanghai
Started in:
2013
Founders:
Rui Tang
Industries:
Automotive, Autonomous Vehicles, Robotics
Number of employees:
10-50
Funding Amount:
$210.83M
Number of funding rounds:
4
Number of investors:
11
Hello TransTech (formerly HelloBike) is a smart-sharing platform that develops innovative ways to experience travel in different cities.
Details of the startup:
Valuation:
$5.00
B (
June 2018
)
Country:
China
City:
Shanghai
Started in:
2016
Founders:
Han Mei, Jiang Wei, Li Kaizhu, Yang Lei
Industries:
Apps, Cycling, Last Mile Transportation, Ride Sharing, Travel
Number of employees:
1,000-5,000
Funding Amount:
$203.91M
Number of funding rounds:
8
Number of investors:
8
United Imaging Healthcare is a manufacturer of medical equipment and treatments for the healthcare industry.
Details of the startup:
Valuation:
$5.00
B (
September 2017
)
Country:
China
City:
Shanghai
Started in:
2011
Founders:
Daniel Mou
Industries:
Health Care, Health Diagnostics, Manufacturing, Medical, Medical Device
Number of employees:
1,000-5,000
Funding Amount:
$500.00M
Number of funding rounds:
1
Number of investors:
5
WM Motor is an all-electric company that designs, builds, and markets super safe zero emissions vehicles.
Details of the startup:
Valuation:
$5.00
B (
March 2019
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Bin Lu, Hui Shen, Ligang Du
Industries:
Automotive, Autonomous Vehicles, Electric Vehicle, Manufacturing
Number of employees:
1,000-5,000
Funding Amount:
$193.24M
Number of funding rounds:
8
Number of investors:
28
Youxia Motors is a niche EV manufacturer that provides high quality production and a wide range of services.
Details of the startup:
Valuation:
$3.35
B (
April 2018
)
Country:
China
City:
Shanghai
Started in:
2014
Founders:
Huang Xiuyuan, Will Lee
Industries:
Automotive, Electric Vehicle, Industrial Design, Manufacturing
Number of employees:
100-250
Funding Amount:
$930.00M
Number of funding rounds:
4
Number of investors:
5
Hozon is an electric vehicle startup that uses technology to develop intelligent electric vehicle models.
Details of the startup:
Valuation:
$2.74
B (
October 2021
)
Country:
China
City:
Shanghai
Started in:
2014
Founders:
Yunzhou Fang, Zhang Yong
Industries:
Automotive, Electric Vehicle, Manufacturing
Number of employees:
250-500
Funding Amount:
$300.00M
Number of funding rounds:
6
Number of investors:
10
Biren Technology is an innovative high-tech startup, with expertise in a range of fields that has helped us become the area’s leading developer.
Details of the startup:
Valuation:
$2.32
B (
August 2020
)
Country:
China
City:
Shanghai
Started in:
2019
Founders:
Zhang Wen
Industries:
Hardware, Information Technology, Internet, Software
Number of employees:
250-500
Funding Amount:
$285.21M
Number of funding rounds:
3
Number of investors:
32
Huaqin provides wireless network solutions and services for multinational corporations world-wide.
Details of the startup:
Valuation:
$2.19
B (
October 2019
)
Country:
China
City:
Shanghai
Started in:
2005
Founders:
Wensheng Qiu
Industries:
Communication Hardware, Mobile Devices, Telecommunications, Wireless
Number of employees:
10,000+
Funding Amount:
$276.35M
Number of funding rounds:
3
Number of investors:
11
YITU Technology Inc. is a technology company that designs, manufactures, and markets products using artificial intelligence and interactive motion technology applications.
Details of the startup:
Valuation:
$2.17
B (
March 2018
)
Country:
China
City:
Shanghai
Started in:
2012
Founders:
Lin Chenxi, Zhu Long
Industries:
Apps, Artificial Intelligence, Finance, Health Care, Machine Learning
Number of employees:
500-1,000
Funding Amount:
$385.12M
Number of funding rounds:
13
Number of investors:
15
Black Sesame Technologies is an artificial intelligence (AI) digital imaging technology company focused on developing solutions for real-world AI difficulties.
Details of the startup:
Valuation:
$2.00
B (
September 2021
)
Country:
China
City:
Shanghai
Started in:
2016
Founders:
Johnson Shan, Wilson Liu
Industries:
Artificial Intelligence, Automotive, Machine Learning
Number of employees:
100-250
Funding Amount:
$64.08M
Number of funding rounds:
4
Number of investors:
18
Guoquan Shihui is a food supply chain brand that supplies hot-pot and barbecue ingredients to supermarkets and convenience stores.
Details of the startup:
Valuation:
$2.00
B (
March 2021
)
Country:
China
City:
Shanghai
Started in:
2017
Founders:
Yang Mingchao
Industries:
Food and Beverage, Sales
Number of employees:
10-50
Funding Amount:
$154.30M
Number of funding rounds:
5
Number of investors:
9
eDaili is a business-to-business-to-consumer marketplace that enables Chinese consumers to access international insurance and financial products.
Details of the startup:
Valuation:
$1.90
B (
February 2019
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Max He
Industries:
Financial Services, FinTech, Insurance, Marketplace
Number of employees:
100-250
Funding Amount:
$1.00M
Number of funding rounds:
4
Number of investors:
4
ENOVATE is a high-end new energy vehicle manufacturer employing modern technology and innovative methods to change the way people travel.
Details of the startup:
Valuation:
$1.85
B (
April 2019
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Hailiang Zhang
Industries:
Automotive, Energy, Mobile
Number of employees:
500-1,000
Funding Amount:
$5,986.82M
Number of funding rounds:
1
Number of investors:
No Data
AIWAYS is a smart car manufacturer based in Shanghai, China that creates beautiful electric vehicles that can be used in any situation.
Details of the startup:
Valuation:
$1.78
B (
April 2018
)
Country:
China
City:
Shanghai
Started in:
2017
Founders:
Fu Qiang, Gu Feng
Industries:
Artificial Intelligence, Automotive, Electric Vehicle, Manufacturing
Number of employees:
1,000-5,000
Funding Amount:
$100.00M
Number of funding rounds:
7
Number of investors:
5
Iluvatar CoreX is a developer of high-performance computing solutions including System-on-a-Chip (SoC) chipset and its software platform.
Details of the startup:
Valuation:
$1.55
B (
March 2021
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Yunpeng Li
Industries:
Artificial Intelligence, Cloud Computing, Information Services, Information Technology, Software
Number of employees:
100-250
Funding Amount:
$390.00M
Number of funding rounds:
2
Number of investors:
5
Ximalaya is a commercial web radio platform. Ximalaya provides royalty-free music, audio books, and podcasts for businesses, organizations, and individuals.
Details of the startup:
Valuation:
$1.52
B (
September 2017
)
Country:
China
City:
Shanghai
Started in:
2012
Founders:
Jianjun Yu
Industries:
Audio, Internet Radio, Mobile
Number of employees:
500-1,000
Funding Amount:
$70.59M
Number of funding rounds:
9
Number of investors:
31
Mofang Gongyu is a real estate developer and property manager that provides apartment homes to individuals, families, and professionals.
Details of the startup:
Valuation:
$1.50
B (
April 2016
)
Country:
China
City:
Shanghai
Started in:
2009
Founders:
Lan Ge
Industries:
Property Management, Real Estate, Rental Property, Sales
Number of employees:
50-100
Funding Amount:
$710.00M
Number of funding rounds:
4
Number of investors:
4
Changingedu is helping make learning an accessible and affordable experience for students.
Details of the startup:
Valuation:
$1.50
B (
October 2017
)
Country:
China
City:
Shanghai
Started in:
2014
Founders:
Liu Changke
Industries:
E-Learning, EdTech, Education, Mobile
Number of employees:
100-250
Funding Amount:
$188.00M
Number of funding rounds:
5
Number of investors:
7
YunQuNa is an online portal that offers logistics trading and services on a global scale.
Details of the startup:
Valuation:
$1.50
B (
June 2021
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Shihao Zhou
Industries:
E-Commerce, Freight Service, Insurance, Internet, Logistics, Shipping, Transportation
Number of employees:
250-500
Funding Amount:
$185.52M
Number of funding rounds:
8
Number of investors:
7
Ouyeel Trading Platform is an online platform for Chinese steelmakers to buy and sell their excess production. The platform enables Chinese steelmakers to share products, improve efficiency and reduce costs.
Details of the startup:
Valuation:
$1.45
B (
June 2019
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
No Data
Industries:
Advanced Materials, Industrial Manufacturing, Trading Platform
Number of employees:
250-500
Funding Amount:
$433.72M
Number of funding rounds:
2
Number of investors:
9
DeepBlue Technology is a leader in image-processing solutions for retail establishments. They create customized solutions that help retailers collect better data and increase their customer base.
Details of the startup:
Valuation:
$1.35
B (
April 2018
)
Country:
China
City:
Shanghai
Started in:
2014
Founders:
Haibo Chen
Industries:
Artificial Intelligence, Computer Vision, Information Technology, Machine Learning, Retail Technology, Software
Number of employees:
10-50
Funding Amount:
$79.28M
Number of funding rounds:
3
Number of investors:
4
Manner is a specialty coffee chain, committed to exceptional atmosphere, taste, and style while maintaining a sustainable work environment.
Details of the startup:
Valuation:
$1.30
B (
December 2020
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Yulong Han
Industries:
Coffee, Food and Beverage, Supply Chain Management
Number of employees:
50-100
Funding Amount:
$497.19M
Number of funding rounds:
3
Number of investors:
4
Enflame is a chip development company focusing on training platforms for deep learning solutions to common AI problems. This will significantly reduce business time and costs.
Details of the startup:
Valuation:
$1.24
B (
January 2021
)
Country:
China
City:
Shanghai
Started in:
2018
Founders:
Arthur Zhang, Lidong Zhao
Industries:
Artificial Intelligence, Machine Learning, Semiconductor, Software
Number of employees:
100-250
Funding Amount:
$472.29M
Number of funding rounds:
6
Number of investors:
12
Yimidida is a Chinese pioneer in the crowd-sourced delivery industry which provides high-quality logistics services with an AI algorithm model.
Details of the startup:
Valuation:
$1.17
B (
January 2019
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Yang Xingyun
Industries:
Cloud Data Services, Logistics, Productivity Tools, Supply Chain Management
Number of employees:
10,000+
Funding Amount:
$553.61M
Number of funding rounds:
6
Number of investors:
10
Tuhu is an automotive supplier delivering high value, innovative products and services.
Details of the startup:
Valuation:
$1.16
B (
September 2018
)
Country:
China
City:
Shanghai
Started in:
2011
Founders:
Min Chen
Industries:
Automotive, E-Commerce, Service Industry
Number of employees:
500-1,000
Funding Amount:
$580.45M
Number of funding rounds:
7
Number of investors:
14
QingTing FM is an independent research and media microphone operator of Internet-based radio aggregation service.
Details of the startup:
Valuation:
$1.10
B (
June 2021
)
Country:
China
City:
Shanghai
Started in:
2011
Founders:
Zhang Qiang
Industries:
Internet Radio, iOS, Mobile
Number of employees:
250-500
Funding Amount:
$163.70M
Number of funding rounds:
6
Number of investors:
13
56Pingtai.net is a platform for logistics integration.
Details of the startup:
Valuation:
$1.08
B (
January 2021
)
Country:
China
City:
Shanghai
Started in:
2013
Founders:
Shuibo Xu
Industries:
Internet, Logistics
Number of employees:
No Data
Funding Amount:
$187.82M
Number of funding rounds:
4
Number of investors:
6
Hesai has designed the first fully-autonomous radar based on laser-microwave technology that accurately detects moving obstacles and recognizes static obstacles with the highest accuracy.
Details of the startup:
Valuation:
$1.05
B (
August 2020
)
Country:
China
City:
Shanghai
Started in:
2013
Founders:
Kai Sun, Shaoqing Xiang, Yifan Li
Industries:
Autonomous Vehicles, Laser, Manufacturing, Sensor, Transportation
Number of employees:
500-1,000
Funding Amount:
$717.29M
Number of funding rounds:
9
Number of investors:
18
POIZON is an e-commerce platform that focuses on the secondary market of limited edition streetwear and sneakers. They were the first website to sell limited edition shoes from mainstream fashion designers, including Kanye West, Louis Vuitton, and Raf Simons.
Details of the startup:
Valuation:
$1.00
B (
April 2019
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Yang Bing
Industries:
E-Commerce, Fashion, Information Technology, Retail
Number of employees:
1,000-5,000
Funding Amount:
$53.05M
Number of funding rounds:
2
Number of investors:
4
Gaussian Robot is a robotics company that develops intelligent cleaning robots.
Details of the startup:
Valuation:
$1.00
B (
November 2021
)
Country:
China
City:
Shanghai
Started in:
2013
Founders:
Haotian Cheng, Qifu Cen
Industries:
Artificial Intelligence, Robotics
Number of employees:
100-250
Funding Amount:
$287.83M
Number of funding rounds:
5
Number of investors:
12
Haydon operates physical sales stores of international beauty products.
Details of the startup:
Valuation:
$1.00
B (
September 2021
)
Country:
China
City:
Shanghai
Started in:
2020
Founders:
No Data
Industries:
Beauty, Retail
Number of employees:
No Data
Funding Amount:
$115.00M
Number of funding rounds:
2
Number of investors:
2
Dianrong is an online marketplace lending company that makes financing more easily accessible to individuals.
Details of the startup:
Valuation:
$1.00
B (
August 2017
)
Country:
China
City:
Shanghai
Started in:
2012
Founders:
Kevin Guo, Soul Htite, Soul Htite
Industries:
Finance, Financial Services, FinTech, Internet, Marketplace
Number of employees:
1,000-5,000
Funding Amount:
$649.00M
Number of funding rounds:
8
Number of investors:
21
Keenon Robotics is a developer and innovator company that dedicated to develop commercial service robots.
Details of the startup:
Valuation:
$1.00
B (
September 2021
)
Country:
China
City:
Shanghai
Started in:
2010
Founders:
Tong Li
Industries:
Industrial Automation, Robotics
Number of employees:
100-250
Funding Amount:
$228.79M
Number of funding rounds:
3
Number of investors:
8
Banma Network Technologies is a next-generation automotive technology company that offers the first standard operating system for cars, the AliOS.
Details of the startup:
Valuation:
$1.00
B (
September 2018
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Alex Shi
Industries:
Automotive, Autonomous Vehicles, Internet
Number of employees:
100-250
Funding Amount:
$11.54M
Number of funding rounds:
2
Number of investors:
6
Hujiang is a professional learning platform that provides users with enjoyable and convenient learning.
Details of the startup:
Valuation:
$1.00
B (
October 2015
)
Country:
China
City:
Shanghai
Started in:
2001
Founders:
Cairui Fu
Industries:
EdTech, Education, Internet
Number of employees:
1,000-5,000
Funding Amount:
$223.29M
Number of funding rounds:
5
Number of investors:
4
ITutorGroup is dedicated to servicing your business and educational needs through superior in-house support and a team of professional tutors.
Details of the startup:
Valuation:
$1.00
B (
November 2015
)
Country:
China
City:
Shanghai
Started in:
1998
Founders:
Eric Yang, Jerry Huang, Ming Yang
Industries:
Consumer Software, E-Learning, Education, Internet, Language Learning
Number of employees:
1,000-5,000
Funding Amount:
$315.00M
Number of funding rounds:
4
Number of investors:
8
Shanghai Lian Shang is a leading Internet technology developer and provider. Its vision is to create a value-added online platform for mobile operators and content providers.
Details of the startup:
Valuation:
$1.00
B (
January 2015
)
Country:
China
City:
Shanghai
Started in:
2013
Founders:
Chen Danian
Industries:
Internet, Mobile, Wireless
Number of employees:
10-50
Funding Amount:
$52.00M
Number of funding rounds:
3
Number of investors:
4
Tezign is the contech startup in China aiming to build the digital infrastructure of content experience
Details of the startup:
Valuation:
$1.00
B (
November 2021
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Daisy Guo, Ling Fan, Zhe Wang
Industries:
Animation, Content Marketing, Graphic Design, Marketing, SaaS, Software
Number of employees:
250-500
Funding Amount:
$142.27M
Number of funding rounds:
6
Number of investors:
10
Xforceplus develops enterprise collaborative solutions for software as a service.
Details of the startup:
Valuation:
$1.00
B (
June 2021
)
Country:
China
City:
Shanghai
Started in:
2015
Founders:
Yun Wu
Industries:
Cloud Computing, Enterprise Software, Information Technology, SaaS, Software
Number of employees:
250-500
Funding Amount:
$3,435.00M
Number of funding rounds:
6
Number of investors:
11
Zhaogang.com is a website that serves the world’s metal industry with up-to-date information on worldwide steel pricing, demand, and availability.
Details of the startup:
Valuation:
$1.00
B (
June 2017
)
Country:
China
City:
Shanghai
Started in:
2012
Founders:
Dong Wang
Industries:
Advanced Materials, Industrial Manufacturing, Trading Platform
Number of employees:
500-1,000
Funding Amount:
$361.25M
Number of funding rounds:
6
Number of investors:
14
