Countless startups in Zhejiang are being launched every day.
Many fail because they did not learn from the success of other companies who've managed to rise above.
We just published this list of 55 well-known and fast-growing companies in Zhejiang that impressed investors.
55 Startups in Zhejiang 1) DXY DXY is a website that connects doctors, patients, and healthcare organizations.
Details of the startup:
Started in: 2000 Founders: Jin Zhang, Tiantian Li Industries: Consumer Software, Health Care, Life Science, Medical, mHealth, Pharmaceutical, Social Media, Software Number of employees: 101-250 Funding amount: $682,000,000 Number of funding rounds: 5 Number of investors: 6 You can find their website here
2) Alibaba Cloud Alibaba Cloud creates cloud computing and data management services that are extremely scalable.
Details of the startup:
Started in: 2009 Founders: Wang Jian Industries: Cloud Data Services, Cloud Management, Data Center Number of employees: 1001-5000 Funding amount: $1,200,000,000 Number of funding rounds: 2 Number of investors: 1 You can find their website here
3) Ant Group Through technology, Ant Group aims to provide equal access to financial and other services to all consumers and small enterprises.
Details of the startup:
Started in: 2014 Founders: Lucy Peng Industries: Banking, Financial Services, FinTech, Payments Number of employees: 5001-10000 Funding amount: $22,000,000,000 Number of funding rounds: 4 Number of investors: 15 You can find their website here
4) Kujiale Kujiale is a SaaS-based platform for home décor and design.
Details of the startup:
Started in: 2011 Founders: Hang Chen, Xi Zhu, Xiaohuang Huang Industries: Home Decor, Interior Design, Internet, SaaS Number of employees: 101-250 Funding amount: $234,835,624 Number of funding rounds: 6 Number of investors: 9 You can find their website here
5) LianLian Pay Lianlian Pay is a provider of cross-border payment solutions.
Details of the startup:
Started in: 2003 Founders: Zhengyu Zhang Industries: Financial Services, Mobile Payments, Payments Number of employees: 251-500 Funding amount: $271,560,947 Number of funding rounds: 2 Number of investors: 3 You can find their website here
6) Cainiao Logistics Cainiao Logistics is an internet technology firm that focuses in logistics network platform services.
Details of the startup:
Started in: 2013 Founders: Guojun Shen Industries: Delivery, Delivery Service, Logistics, Supply Chain Management Number of employees: 1001-5000 Funding amount: $4,870,592,296 Number of funding rounds: 2 Number of investors: 5 You can find their website here
7) ECARX ECARX is a smart traffic assistance for automobiles.
Details of the startup:
Started in: 2016 Industries: Artificial Intelligence, Automotive, Information Services Number of employees: 1001-5000 Funding amount: $394,323,889 Number of funding rounds: 3 Number of investors: 5 You can find their website here
8) Jollychic Jollychic is an e-commerce portal where you can buy clothes and accessories online.
Details of the startup:
Started in: 2012 Founders: Aaron Li Industries: E-Commerce, Fashion, Retail, Sales Number of employees: 1001-5000 Funding amount: $95,798,798 Number of funding rounds: 3 Number of investors: 6 You can find their website here
9) Leapmotor Leapmotor is a Chinese new energy vehicle manufacturer based in Hangzhou.
Details of the startup:
Started in: 2015 Founders: Fu Liquan, Zhu Jiangming Industries: Automotive, Electric Vehicle, Energy, Manufacturing Number of employees: 501-1000 Funding amount: $1,067,748,549 Number of funding rounds: 4 Number of investors: 12 You can find their website here
10) Tongdun Technology Tongdun Technology creates online software for applications such as anti-theft and fraud management.
Details of the startup:
Started in: 2013 Founders: Jackal Ma, Tao Jiang Industries: FinTech, Internet, Network Security, Software Number of employees: 501-1000 Funding amount: $251,836,983 Number of funding rounds: 6 Number of investors: 13 You can find their website here
11) Rokid Rokid is a cutting-edge technology firm that focuses on robotics research and AI development.
Details of the startup:
Started in: 2014 Founders: Eric Wong, Mingming Zhu Industries: Artificial Intelligence, Augmented Reality, Consumer Electronics, Human Computer Interaction, Robotics Number of employees: 251-500 Funding amount: $158,300,000 Number of funding rounds: 4 Number of investors: 9 You can find their website here
12) Souche Souche is an automobile dealer who deals in both new and used vehicles.
Details of the startup:
Started in: 2012 Founders: Junhong Yao Industries: Automotive, FinTech, Internet, Leasing, SaaS Number of employees: 1001-5000 Funding amount: $1,213,400,000 Number of funding rounds: 7 Number of investors: 17 You can find their website here
13) Bota Biosciences Bota is a synthetic biotechnology startup focused on programming biological systems for clean and efficient biomanufacturing.
Details of the startup:
Started in: 2019 Industries: Biotechnology Number of employees: 51-100 Funding amount: $37,000,000 Number of funding rounds: 4 Number of investors: 5 You can find their website here
14) Koubei Koubei is a life search engine that provides information on living expenses, restaurants, property renting and buying, vacation, and more.
Details of the startup:
Started in: 2004 Founders: Zhiguo Li Industries: Coupons, Professional Services, Restaurants, Search Engine Number of employees: 51-100 Funding amount: $1,585,262,890 Number of funding rounds: 2 Number of investors: 6 You can find their website here
15) Wacai Wacai is a mobile app developer from China who developed a personal budget management app.
Details of the startup:
Started in: 2009 Founders: Kevin Quan Industries: Finance, Financial Services, Information Technology, Mobile Apps Number of employees: 1001-5000 Funding amount: $341,543,641 Number of funding rounds: 7 Number of investors: 12 You can find their website here
16) Taimei Technology Taimei Technology offers a cloud-based collaboration platform for clinical research.
Details of the startup:
Started in: 2013 Founders: Lu Zhao Industries: Cloud Computing, Medical, Pharmaceutical, Software Number of employees: 251-500 Funding amount: $530,277,791 Number of funding rounds: 8 Number of investors: 16 You can find their website here
17) EMQ Technologies In the 5G era, you'll need a messaging and streaming engine to harness the power of your IoT platform and apps.
Details of the startup:
Started in: 2017 Founders: Feng Lee, Rocky Jin, Susan Gao Industries: Cloud Data Services, Enterprise Software, Information Technology, Internet of Things, Open Source Number of employees: 51-100 Funding amount: $21,430,649 Number of funding rounds: 3 Number of investors: 6 You can find their website here
18) Weimai Weimai's healthcare service platform is digitalized with the help of big data and artificial intelligence.
Details of the startup:
Started in: 2013 Founders: Qiu Jia Lin Industries: Big Data, Health Care, Mobile Apps Number of employees: 251-500 Funding amount: $230,000,000 Number of funding rounds: 4 Number of investors: 6 You can find their website here
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19) Qihan Biotech Qihan Biotech is a company that develops gene-editing organ transplantation technologies.
Details of the startup:
Started in: 2017 Founders: Luhan Yang Industries: Biotechnology, Clinical Trials, Health Care, Medical, Medical Device Number of employees: 251-500 Funding amount: $100,300,000 Number of funding rounds: 3 Number of investors: 8 You can find their website here
20) Caocao Chuxing Caocao Chuxing is a vehicle-sharing firm based in China.
Details of the startup:
Started in: 2015 Founders: Jinliang Liu Industries: Energy, Mobile Apps, Recreational Vehicles, Ride Sharing, Transportation Number of employees: 501-1000 Funding amount: CN¥1,000,000,000 Number of funding rounds: 1 Number of investors: 1 You can find their website here
21) Sumgen Biotech Sumgen Biotech is a Hangzhou-based healthcare start-up.
Details of the startup:
Started in: 2015 Founders: Bin Tan, Ming Lu, Shiwei Yan, Xiaoran Ding Industries: Biotechnology, Clinical Trials, Health Care, Medical Number of employees: 11-50 Funding amount: $39,643,373 Number of funding rounds: 3 Number of investors: 8 You can find their website here
22) GoLong GoLong is a Hangzhou-based e-commerce startup.
Details of the startup:
Started in: 2012 Industries: E-Commerce, E-Commerce Platforms Number of employees: 11-50 Funding amount: $29,283,863 Number of funding rounds: 2 Number of investors: 4 You can find their website here
23) Beidian Beidian is a Chinese social e-commerce platform that sells products for the home, apparel, cuisine, cosmetics, mother and baby, and other categories.
Details of the startup:
Started in: 2017 Industries: E-Commerce, E-Commerce Platforms Number of employees: 1-10 Funding amount: CN¥860,000,000 Number of funding rounds: 1 Number of investors: 7 You can find their website here
24) Hong Jing Drive Hong Jing Drive develops a computing platform for self-driving cars.
Details of the startup:
Started in: 2018 Industries: Artificial Intelligence, Automotive, Autonomous Vehicles Number of employees: 101-250 Funding amount: $8,892,386 Number of funding rounds: 3 Number of investors: 11 You can find their website here
25) Taobao Movie Alibaba Pictures Group bought Taobao Movie, an online ticketing site developed by Alibaba.
Details of the startup:
Started in: 2014 Founders: Yuan Yuan Industries: E-Commerce, Film, Ticketing, Web Browsers Number of employees: 501-1000 Funding amount: CN¥1,700,000,000 Number of funding rounds: 1 Number of investors: 5 You can find their website here
26) Panda Remit Panda Remit is a cross-border remittance service for Chinese people living abroad.
Details of the startup:
Started in: 2018 Industries: Finance, Financial Services, Payments Number of employees: 11-50 Funding amount: CN¥6,000,000 Number of funding rounds: 2 Number of investors: 2 You can find their website here
27) Hunliji Hunliji is a Chinese wedding planner app that assists couples in organizing and sharing their wedding events.
Details of the startup:
Started in: 2013 Founders: Zhe Yu Industries: Apps, Event Management, Wedding Number of employees: 1001-5000 Funding amount: $137,000,000 Number of funding rounds: 5 Number of investors: 6 You can find their website here
28) terminus Terminus is a well-known provider of digital business transformation services.
Details of the startup:
Started in: 2012 Industries: Information Services, Information Technology, Software Number of employees: 51-100 Funding amount: CN¥433,000,000 Number of funding rounds: 4 Number of investors: 7 You can find their website here
29) Qulian Technology Hyperchain is a Chinese blockchain platform developer.
Details of the startup:
Started in: 2016 Industries: Blockchain, Computer, Enterprise Software Number of employees: 251-500 Funding amount: $234,089,703 Number of funding rounds: 3 Number of investors: 5 You can find their website here
30) Yunxi Technology Yunxi Technology is a digital service provider for businesses.
Details of the startup:
Started in: 2016 Founders: Zhigang Bao Industries: Cloud Computing, Digital Media, Intelligent Systems, Network Hardware Number of employees: 251-500 Funding amount: $94,061,150 Number of funding rounds: 5 Number of investors: 6 You can find their website here
31) Vertilite Vertical-cavity surface-emitting laser solutions from Vertilite are high-power and high-speed.
Details of the startup:
Started in: 2015 Industries: Laser, Machinery Manufacturing, Manufacturing, Optical Communication Number of employees: 1-10 Funding amount: $15,519,757 Number of funding rounds: 3 Number of investors: 6 You can find their website here
32) MAYCUR.COM MAYCUR.COM offers innovative cloud financial products and services.
Details of the startup:
Started in: 2015 Industries: Cloud Computing, Financial Services, Software Number of employees: 101-250 Funding amount: CN¥240,000,000 Number of funding rounds: 5 Number of investors: 8 You can find their website here
33) Zhangshang Tangyi Zhangshang Tangyi is a diabetes-focused health management platform.
Details of the startup:
Started in: 2014 Founders: Ming Yan Industries: Health Care, Mobile Apps, Wellness Number of employees: 251-500 Funding amount: $274,800,000 Number of funding rounds: 5 Number of investors: 17 You can find their website here
34) Microtech Medical Microtech Medical is a medical equipment start-up based in China that develops and manufactures medical devices.
Details of the startup:
Started in: 2011 Founders: Dore Mark Industries: Health Care, Manufacturing, Medical, Medical Device Number of employees: 251-500 Funding amount: CN¥588,320,000 Number of funding rounds: 4 Number of investors: 6 You can find their website here
35) Lefit Lefit is a new concept fitness start-up gym situated in Hangzhou.
Details of the startup:
Started in: 2015 Founders: Han Wei Industries: Fitness, Health Care, Personal Health, Wearables, Wellness Number of employees: 11-50 Funding amount: $62,386,833 Number of funding rounds: 3 Number of investors: 5 You can find their website here
36) Hipac.cn Hipac.cn is a B2B2C portal for items for mothers and babies.
Details of the startup:
Started in: 2015 Industries: Apps, E-Commerce, E-Commerce Platforms, Mobile Apps Number of employees: 1001-5000 Funding amount: $175,000,000 Number of funding rounds: 5 Number of investors: 6 You can find their website here
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37) Alipay Alipay is a mobile and online payment platform that transitions from being a digital wallet to a lifestyle enabler.
Details of the startup:
Started in: 2004 Industries: E-Commerce, FinTech, Payments You can find their website here
38) Xiaodian Xiaodian is a company that rents out power banks.
Details of the startup:
Started in: 2016 Founders: Tang Yongbo Industries: Banking, Consumer Electronics, Electronics, Mobile Apps, Mobile Devices Number of employees: 11-50 Funding amount: CN¥450,000,000 Number of funding rounds: 2 Number of investors: 9 You can find their website here
39) vesoft #Nebula Graph# is a lightning-fast open-source distributed graph database created by vesoft.
Details of the startup:
Started in: 2018 Industries: Database, Information Technology, Software Number of employees: 11-50 Funding amount: $8,000,000 Number of funding rounds: 1 Number of investors: 2 You can find their website here
40) Guandata Guandata is dedicated to developing cutting-edge data analytics and business intelligence (BI) solutions.
Details of the startup:
Started in: 2016 Founders: Su Chunyuan Industries: Analytics, Enterprise Number of employees: 1-10 Funding amount: $20,065,442 Number of funding rounds: 3 Number of investors: 4 You can find their website here
41) Maihaoche.com Maihaoche.com is an automotive e-commerce portal that offers finance, warehouse, and logistics services all in one place.
Details of the startup:
Started in: 2014 Founders: Li Yanzhu Industries: Automotive, E-Commerce, Marketplace Number of employees: 11-50 Funding amount: $100,034,991 Number of funding rounds: 6 Number of investors: 7 You can find their website here
42) Bangsun Technology Hangzhou-based real-time financial risk management firm.
Details of the startup:
Started in: 2010 Founders: Xinyu Wang Industries: Financial Services, FinTech, Risk Management Number of employees: 251-500 Funding amount: $74,696,718 Number of funding rounds: 2 Number of investors: 4 You can find their website here
43) Duobaoyu Insurance Duobaoyu Insurance is a platform for internet insurance services.
Details of the startup:
Started in: 2017 Industries: Finance, FinTech, Insurance, Mobile Payments, Software Number of employees: 11-50 Funding amount: $41,191,668 Number of funding rounds: 3 Number of investors: 5 You can find their website here
44) Songxiaocai Songxiaocai is a B2B portal that offers wholesale agriculture services.
Details of the startup:
Started in: 2014 Founders: Yu Lingbing Industries: Agriculture, B2B, Wholesale Number of employees: 251-500 Funding amount: $90,874,778 Number of funding rounds: 4 Number of investors: 10 You can find their website here
45) Neuracle Neuracle is a neurotechnology business that specializes in clinical solutions for neurology patients, functional neurosurgery, and neural engineering.
Details of the startup:
Started in: 2012 Founders: Honglai Xu Industries: Health Care Number of employees: 11-50 Funding amount: $8,377,197 Number of funding rounds: 2 Number of investors: 7 You can find their website here
46) Surron Surron is a manufacturer of electric motorbikes and bicycles.
Details of the startup:
Started in: 2014 Industries: Automotive, Electric Vehicle, Manufacturing Number of employees: 51-100 Funding amount: CN¥10,000,000 Number of funding rounds: 1 Number of investors: 1 You can find their website here
47) KZMall For auto repair companies, KZMall provides a one-stop business solution supply chain service platform.
Details of the startup:
Started in: 2015 Founders: Zheng Wang Industries: Automotive, Retail, Service Industry, Supply Chain Management Number of employees: 251-500 Funding amount: $100,000,000 Number of funding rounds: 3 Number of investors: 4 You can find their website here
48) GalaxyEye GalaxyEye is a company that focuses on artificial intelligence and robotics.
Details of the startup:
Started in: 2015 Industries: Artificial Intelligence, Machine Learning, Robotics Number of employees: 1-10 Funding amount: $2,914,900 Number of funding rounds: 1 Number of investors: 1 You can find their website here
49) Wanwu Dezhi Wanwu Dezhi is a social e-platform that caters primarily to antique buyers and dealers.
Details of the startup:
Started in: 2018 Industries: E-Commerce, Social Number of employees: 11-50 Funding amount: $118,033,126 Number of funding rounds: 5 Number of investors: 5 You can find their website here
50) Dianwoda Dianwoda is a firm that specializes in distribution and short-distance logistics.
Details of the startup:
Started in: 2009 Founders: Xinyu Xie Industries: Logistics, Real Time, Transportation Number of employees: 251-500 Funding amount: $450,008,122 Number of funding rounds: 5 Number of investors: 6 You can find their website here
51) Innoforce Pharmaceuticals Innoforce's goal is to make it easier for novel medications to be developed and commercialized.
Details of the startup:
Started in: 2018 Industries: Health Care, Pharmaceutical Number of employees: 101-250 Funding amount: CN¥625,000,000 Number of funding rounds: 1 Number of investors: 2 You can find their website here
52) Kaishiba Kaishiba is a platform for consumer investment.
Details of the startup:
Started in: 2015 Founders: Xu Jianjun Industries: Internet Number of employees: 251-500 Funding amount: $49,540,015 Number of funding rounds: 4 Number of investors: 8 You can find their website here
53) AnHeart Therapeutics AnHeart Therapeutics is a medicinal product development company.
Details of the startup:
Started in: 2018 Founders: Lihua Zheng Industries: Biotechnology Number of employees: 1-10 Funding amount: $14,600,000 Number of funding rounds: 1 Number of investors: 1 You can find their website here
54) Gmax Biopharm Gmax Biopharm is developing novel GPCR Antibody therapies for medicinal applications that are currently unmet.
Details of the startup:
Started in: 2010 Industries: Clinical Trials, Health Care, Product Research Number of employees: 11-50 Funding amount: $78,000,000 Number of funding rounds: 1 Number of investors: 4 You can find their website here
55) WeDoctor WeDoctor is the most widely used medical health technology platform in the world.
Details of the startup:
Started in: 2010 Founders: Liao Jieyuan Industries: Health Care, Hospitality, Internet, Medical Number of employees: 1001-5000 Funding amount: $1,020,500,000 Number of funding rounds: 8 Number of investors: 13 You can find their website here
