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Top 38 Shenzhen Startups to Watch in 2026

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Shenzhen is a major center for hardware and robotics development. The city's startups often focus on creating physical products for consumers and industries.

For example, robotics company X Square raised over one billion yuan in its Series A round. Meanwhile, pool cleaning company Aiper has secured over $212 million in funding.

Below is our list of 38 Shenzhen startups worth keeping an eye on.

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Aiper builds cordless robotic cleaners that automate pool maintenance for homeowners. Their line of products is designed to make the entire cleaning process effortless.

Year Founded2021
FoundersRichard Wang
Funding Amount$212.6M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsXVC, Fosun RZ Capital, Yunqi Partners, Fluidra, Fengqiao Capital

SwitchBot builds a suite of smart home products that make it easy to automate your home. Their most notable device is a tiny robot that mechanically flips switches and presses buttons, turning almost any existing appliance into a smart one.

Year Founded2015
FoundersRichard Mou, Zhichen Li
Funding AmountCN¥3M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsFortune Venture Capital, QF Capital, Ventech China, XBOTPARK Jijin, Netac Technology

X Square develops a universal 'brain' for robots, a system that integrates perception, decision-making, and physical action. Their platform aims to provide the core intelligence for general-purpose robots, enabling them to operate autonomously in complex environments.

Year Founded2023
Founders
Funding AmountCN¥1.1B
Startup Size
Last Funding StatusSeries A
Top InvestorsSequoia Capital, Legend Capital, Lightspeed China Partners, Meituan, Longzhu Capital

Neptune Robotics builds advanced robots to clean and inspect ship hulls for the global maritime industry. Their technology helps operators reduce fuel consumption and prevent the spread of invasive aquatic species.

Year Founded2018
FoundersElizabeth Chan, Jacky IM, Kate Hongqian Ma
Funding Amount$69.3M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsHSG, Matrix Partners China, SOSV, Granite Asia, Cloud Angel Fund

Aqara develops a comprehensive ecosystem of smart home hardware and software, including a wide range of sensors, hubs, and controllers. Their products are designed to integrate with major platforms, making home automation more accessible for everyday users.

Year Founded2009
FoundersEugene You
Funding Amount$271.8M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsShenzhen Capital Group, Gaorong Capital, Xiaomi, Cathay Capital, Shunwei Capital

JMGO develops and manufactures a range of smart projectors and laser TVs designed for home entertainment. Their products combine high-end optical technology with intelligent software to create immersive viewing experiences.

Year Founded2011
FoundersChen Xingbo, Eric Hu
Funding Amount$378.6M
Startup SizeLarge Team (251-1,000)
Last Funding StatusProduct Crowdfunding
Top InvestorsAlibaba Group, IDG Capital, Fortune Venture Capital, GF Xinde Investment Management, Green Pine Capital Partners

HAI ROBOTICS develops autonomous case-handling robot (ACR) systems that automate logistics within warehouses and factories. Their signature HAIPICK solution uses advanced robotics and AI to increase storage density and improve operational efficiency.

Year Founded2016
FoundersRichie Chen, Shengdong Xu
Funding Amount$285M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries D
Top InvestorsHSG, Walden International, Source Code Capital, Legend Star, 01vc

Velotric builds a range of electric bikes designed for everyday commuting and leisure. Their models are recognized for combining stylish design with reliable performance and safety features.

Year Founded2020
Founders
Funding AmountCN¥50M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsShunwei Capital, Taihill Venture, Redpoint Ventures China, Fosun RZ Capital, Seas Capital

DJI designs and manufactures drones and camera systems that have become the standard for aerial photography and videography. Their products serve a wide audience, from hobbyists and content creators to enterprise clients in sectors like agriculture and public safety.

Year Founded2006
FoundersFrank Wang
Funding Amount$107.8M
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusSecondary Market
Top InvestorsAccel, HSG, Lighthouse Capital Management, Victor Koch, Aeternam Stella

ENGINEAI develops general-purpose humanoid robots, like its X1 model, designed to operate in complex real-world environments. The team focuses on advancing embodied intelligence, enabling their robots to handle sophisticated tasks in industrial manufacturing and commercial services.

Year Founded2023
Founders
Funding AmountCN¥1.3B
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsHighlight Capital, Baidu Ventures, JD.com, Contemporary Amperex Technology, Fortune Venture Capital

28 Additional Shenzhen Startups Worth Following

Those top picks are just a glimpse into the city's bustling startup world. Founders across Shenzhen are tackling big problems, especially in fields like AI and hardware.

Combined, these companies have raised more than $2 billion to bring their ideas to life. Below is a look at the other startups that are defining the city's tech landscape.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
OnePlus logo OnePlusManufacturing2013
Haivivi logo HaiviviRetail2021CN¥200MSeries A
AUKEY logo AUKEYHardware2005$1.3MVenture Round
HeyTea logo HeyTeaFood2012$595.1MSeries D
Hohem logo HohemMedia2014CN¥100MSeries B
Elegoo logo ElegooHardware2015£2.5MEquity Crowdfunding
Ambilight logo AmbilightManufacturing2017$20MSeries C
Timekettle logo TimekettleAI2016CN¥10MSeries A
Orbbec logo OrbbecAI2013$200MSeries D
ZongTeng Group logo ZongTeng GroupOther2009CN¥700MSeries B
RealMe logo RealMeRetail2018
BMW logo BMWAI1999Venture Round
xTool logo xToolRetail2013$4.3MProduct Crowdfunding
Deeproute logo DeeprouteAI2019$450MSeries C
PuduTech logo PuduTechAI2016$185.1MSeries C
Deep Stream Micro logo Deep Stream MicroAI2021CN¥200MSeries A
Naixuecha logo NaixuechaFood2014$215.8MSeries C
XVERSE logo XVERSEMedia2019$160MSeries A
CVA Chip logo CVA ChipEnterprise2018CN¥300MSeries B
ACE Battery logo ACE BatteryHardware2014CN¥300MSeries B
Asensing logo AsensingMobility2014CN¥380MVenture Round
LightSail Technology logo LightSail TechnologyAI2016CN¥130MSeries A
Syrius Robotics logo Syrius RoboticsAI2018$52.3MVenture Round
Zhuiyi Technology logo Zhuiyi TechnologyAI2016$61.6MSeries C
AllSaints Music logo AllSaints MusicMedia1993$60MSeries B
Starfield Food & Science Technology logo Starfield Food & Science TechnologyAgTech2017$125MSeries B
VISPEK logo VISPEKAI2018$6.5MSeries B
Comicool logo ComicoolMedia2014$15MSeries B

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