Xuhui's startup scene is defined by its focus on deep technology sectors. Healthcare and artificial intelligence companies are particularly common in the district.
Healthcare platform MediTrust Health has secured $308M in funding. United Imaging Intelligence, another health company, has raised over one billion yuan.
Below is our list of 50 Xuhui startups worth keeping an eye on.
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Get the Sheet for $50TARS creates embodied AI, giving robots and autonomous systems the power to perceive and operate in the physical world. Their technology aims to automate complex tasks within demanding industries like logistics, manufacturing, and healthcare.
| Year Founded | 2025 |
| Founders | — |
| Funding Amount | $242M |
| Startup Size | — |
| Last Funding Status | Seed |
| Top Investors | Junshan Investment, Qiming Venture Partners, Meituan, SAIF Partners, Lenovo Capital and Incubator Group (LCIG) |
United Imaging Intelligence develops an AI-powered medical imaging platform to assist clinicians with diagnostics. Their comprehensive suite of tools analyzes a wide range of medical scans to help detect and manage various diseases.
| Year Founded | 2017 |
| Founders | — |
| Funding Amount | CN¥1B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | United Imaging Healthcare, Suzhou International Development Venture Capital, Wuhan Optics Valley Industrial Investment, Qingsong Capital, Shanghai Alliance Investment |
Ultizero Games develops high-quality, original video games for a global audience. Their first title is "Lost Soul Aside," a cinematic action RPG being created for PlayStation and PC platforms.
| Year Founded | 2017 |
| Founders | Bing Yang |
| Funding Amount | CN¥7M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Angel |
| Top Investors | Innoangel Fund, Suoni Zhongguo Zhixing Jijin |
MediTrust Health operates a healthcare platform in China focused on making expensive medical treatments more affordable. They connect patients with insurance and pharmaceutical companies to provide innovative payment solutions and manage patient benefits.
| Year Founded | 2017 |
| Founders | Xiaodong Zhang |
| Funding Amount | $308M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Lilly Asia Ventures, Northern Light Venture Capital, Sinovation Ventures, CICC, Ant Group |
IPS develops integrated payment solutions and provides financial consulting for enterprises. They specialize in enabling merchants to accept a wide variety of digital and cross-border payments.
| Year Founded | 2011 |
| Founders | Yumin Luan |
| Funding Amount | CN¥247.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | iBoxPay |
Financely guides companies through the complexities of securing trade and project financing. Their expertise lies in structuring intricate financial deals and arranging capital from a global network of lenders.
| Year Founded | — |
| Founders | — |
| Funding Amount | $116.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Debt Financing |
| Top Investors | Standard Chartered Bank, China Construction Bank, Industrial and Commercial Bank of China, Hang Seng Bank |
Ling Mou Zhineng builds AI technology that uses machine vision to provide intelligent solutions for the retail industry. Their platform helps physical stores analyze everything from customer traffic to on-shelf product availability.
| Year Founded | 2017 |
| Founders | — |
| Funding Amount | CN¥151M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Meridian Capital Asia, Green Pine Capital Partners, Hua Partners, Huaying Capital, Tsing Ventures |
70mai builds a suite of smart car electronics designed to improve the driving experience and vehicle security. Their lineup of advanced dash cams provides drivers with features like 4K recording and AI-powered parking surveillance.
| Year Founded | 2016 |
| Founders | — |
| Funding Amount | $6.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Product Crowdfunding |
| Top Investors | Walden International, Xiaomi, Shunwei Capital, Peak Valley Capital, Longhe Touzi |
Red Bear AI develops an open-source language model platform for building and deploying production-level generative AI applications. Their full-stack tools are designed for enterprises in demanding sectors like finance and healthcare, giving them a single platform to manage their AI development.
| Year Founded | 2024 |
| Founders | — |
| Funding Amount | CN¥23M |
| Startup Size | — |
| Last Funding Status | Seed |
| Top Investors | Greefeng Investment, Kunhua Technology, Huayu Venture Capital, Chen Yongchao, Shenzhen Jiuyu Investment |
Pulse Medical Imaging Technology builds AI-powered software for the non-invasive assessment of coronary artery disease. Their technology analyzes standard CT scans to provide doctors with critical physiological data, helping diagnose heart conditions without invasive procedures.
| Year Founded | 2015 |
| Founders | — |
| Funding Amount | $100M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Hillhouse Investment, Goldman Sachs Asset Management, Boyu Capital, Boxin Capital, Philips (China) |
40 Additional Xuhui Startups Worth Following
Our top 10 picks are just a small slice of what’s happening across Xuhui. The district is full of founders building in fields like AI and healthcare, from brand new ventures to more established companies.
Some are early in their journey, while others are raising major funds to scale. Below is a look at the other startups shaping the local scene.