This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries they generally invest in.
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.
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Shenzhen is a major hub for startups, with 30 unicorns calling the city home. This group includes a wide range of industries, from hardware to consumer goods.
The list is led by companies like Yinwang Smart Technology, an auto parts firm valued at $16B. It also features consumer-facing brands like the tea shop HeyTea, valued at $9.28B, and drone maker DJI.
Below is the full list of 30 Shenzhen unicorn startups at this time.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Yinwang Smart Technology develops intelligent auto parts, integrating advanced AI directly into core vehicle systems. Their components are engineered to power next-generation features, from autonomous driving capabilities to sophisticated smart cockpits.
HeyTea crafts specialty beverages, popularizing unique cheese-topped and fruit-infused teas. The brand is known for its modern aesthetic and for using high-quality ingredients to reinvent traditional tea drinks for a new generation.
DJI creates the world's leading civilian drones and aerial imaging technology for both consumers and enterprise clients. They are widely recognized for their high-performance camera systems that have made professional-grade aerial photography and videography accessible.
Royole Corporation builds the core technology behind flexible electronics, producing advanced displays and sensors. They are recognized for creating some of the first commercially available smart devices with foldable screens.
WeBank operates as a digital-first private bank, offering online financial services secured with facial recognition technology. Their platform provides a range of commercial banking products for individuals and small businesses, all accessible online.
Yunwang Wandian builds digital services for the eCommerce and online retail industry. They specialize in helping businesses establish and scale their operations in the digital marketplace.
Ruipeng Pet Healthcare operates a large network of pet hospitals across China. Their facilities provide a comprehensive range of services, from advanced medical treatments to professional grooming and beauty care for pets.
Hive Box operates a network of self-service stations for package drop-offs and pick-ups. Their smart lockers provide a convenient solution for last-mile delivery challenges within the e-commerce and logistics industries.
Jusda provides end-to-end supply chain management solutions for businesses, with a specialization in the electronics sector. Their platform helps companies orchestrate complex logistics, covering everything from procurement and manufacturing to final distribution.
HAI ROBOTICS creates autonomous case-handling robotic (ACR) systems to streamline logistics for warehouses and factories. Their goods-to-person technology is known for improving order-picking efficiency and increasing storage density.
The top ten companies are just part of the city's startup story. Many other high growth businesses are building things in artificial intelligence, hardware, and biotech.
Some of these companies are just a few years old, while others have been building for more than a decade. Here is a look at the other unicorns that make Shenzhen's startup scene so strong.
| Unicorn Startup | Main Industry | Year Founded | Amount Raised | Valuation |
|---|---|---|---|---|
| Enterprise | 2015 | $949.5M | $2B | |
| Hardware | 2022 | CN¥15B | $2B | |
| Biotech | 2016 | CN¥5.6B | $2B | |
| Food | 2014 | $215.8M | $2B | |
| Enterprise | 2008 | $216.5M | $2B | |
| Retail | 2006 | CN¥1.4B | $1.45B | |
| Cloud | 2020 | — | $1.34B | |
| Media | 2011 | $378.6M | $1.26B | |
| Marketplace | 2009 | $271.8M | $1B | |
| AI | 2013 | $200M | $1B | |
| Fintech | 2013 | $251.8M | $1B | |
| AI | 2019 | $450M | $1B | |
| AI | 2019 | $300M | $1B | |
| AI | 2019 | $130M | $1B | |
| Mobility | 1997 | $182M | $1B | |
| AI | 2015 | $200M | $1B | |
| Robotics | 2006 | CN¥3.2B | $1B | |
| Biotech | 2016 | CN¥200M | $1B | |
| Manufacturing | 2004 | CN¥2.7B | $1B | |
| Retail | 2012 | $130M | $1B |
