How many total Bicycle Manufacturers companies are there in Taiwan?

As of August 2026, Taiwan has 76 active Bicycle Manufacturers companies.

How many Bicycle Manufacturers companies in Taiwan are funded?

As of August 2026, 2 companies have received funding in this sector.

Who are the top investors in Bicycle Manufacturers companies in Taiwan?

The top investors in Bicycle Manufacturers companies in Taiwan by number of investments are and .

List of 76 Bicycle Manufacturers Startups in Taiwan & Market Trends (Aug 2026)

Most viewed in 2019

The Bicycle Manufacturers sector in Taiwan comprises 76 companies, including 2 funded companies. Out of these, 4 are Series A+ funded.

Bicycle Manufacturers sector in Taiwan has seen 4 IPOs. This represents almost 5.3% of all such companies - which is higher than the 4.3% exit rate of tech companies in general.

This sector includes companies providing traditional solutions within the Bicycle Manufacturers sector to optimize operational workflows and commercial outcomes.

Bicycle Manufacturers sector is also known as Bicycle Manufacturers Solutions, Bicycle Manufacturers Technologies or Advanced Bicycle Manufacturers.

Includes all core software applications, automated frameworks, and specialized technology suites designed specifically to enable Bicycle Manufacturers operations. Excludes generic horizontal consulting services, traditional manual workflows without tech integration, and downstream retail consumer goods.

Key Metrics

Total Companies

Top Companies

Giant Bicycles, Merida Bikes & more

Funded Companies

Series A+ Companies

Series C+ Companies

IPOs

Also known as

Bicycle Manufacturers Solutions or Bicycle Manufacturers Technologies

View complete details of this sector

There are 76 Bicycle Manufacturers startups in Taiwan which include Giant Bicycles, Merida Bikes, SunRace, Ashima Group, Spank-Ind. Out of these, 2 startups are funded, with 4 having secured Series A+ funding.

1. Giant Bicycles

Manufacturer of bicycles, apparel, and cycling gear. Its products are made with aluminum frames and carbon fiber. It also provides modern road racing bikes.

Key facts about Giant Bicycles

Founded Year: 1972
Location: Taichung (Taiwan)
Stage: Public
Tracxn Score: 57/100 What is this?

2. Merida Bikes

Manufacturer of cycling equipment. Its product portfolio includes mountain bikes, cross bikes, trekking bikes, road bikes, helmets, sunglasses, gloves, socks, lights, pumps, bottle cages, bottles, locks, bells, mirrors & other accessories.

Key facts about Merida Bikes

Founded Year: 1972
Location: Changhua (Taiwan)
Stage: Unfunded
Tracxn Score: 38/100 What is this?

View full list of companies in this sector

3. SunRace

Manufacturer of bicycle drivetrain components and internal gear hubs. It develops and produces a wide variety of parts including gears, cassettes, cranks, chains, and internal hub gears. These components are supplied to major bicycle manufacturers globally and are also available in the aftermarket. The company utilizes its research and development expertise to create both standard and customized products for original equipment manufacturers. A focus on delivering value and providing excellent customer service is central to its business model.

Key facts about SunRace

Founded Year: 1972
Location: Taoyuan City (Taiwan)
Stage: Public
Tracxn Score: 24/100 What is this?

4. Ashima Group

Manufacturer of bicycle disk brakes and associated rim brake components. Production focuses on braking systems for bicycles including rotors, mechanical and hydraulic disk brake assemblies, rim brakes, and various braking accessories. The business provides replacement brake pads featuring specific compound formulations, brake shoes, and technical adaptors designed for maintenance and configuration of bicycle braking systems.

Key facts about Ashima Group

Founded Year: 2006
Location: Changhua (Taiwan)
Stage: Public
Tracxn Score: 23/100 What is this?

5. Spank-Ind

Manufacturer of high-performance bicycle components and wheels. They design and manufacture a comprehensive range of products including wheels, rims, hubs, handlebars, grips, saddles, stems, and pedals. The company focuses on precision crafting in its in-house factory, offering products for various cycling disciplines such as trail, all-mountain, gravel, freeride, downhill, and enduro riding. A buyers guide is available to assist customers in selecting appropriate components. Support services include crash replacement and warranty information.

Key facts about Spank-Ind

Location: Taiwan
Stage: Unfunded
Tracxn Score: 22/100 What is this?

Access the full list of 76 Bicycle Manufacturers Startups in Taiwan

Companies founded year-on-year in the Bicycle Manufacturers sector in Taiwan

2 Bicycle Manufacturers startups in Taiwan were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	-
2025	-
2024	-
2023	-
2022	1
2021	2
2020	-
2019	1
2018	2
2017	-

Stage-wise distribution of Bicycle Manufacturers sector companies in Taiwan

Out of the total 76 Bicycle Manufacturers companies in Taiwan, 2 have secured funding. Among them, 4 have reached Series A or higher, and 4 to Series B or beyond.

Founded - 76

Funded - 2

Series A+ - 4

Series B+ - 4

Series C+ - 4

Company Stage	No. of companies
Founded	76
Funded	2
Series A+	4
Series B+	4
Series C+	4

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In the year 2017, till June 2017, 1 IPO happened in Bicycle Manufacturers sector in Taiwan.

Here are some recent, important IPOs in Bicycle Manufacturers sector in Taiwan:

Company	IPO Date	Exchange Symbol
SunRace	Jun 14, 2017	Taipei Stock Exchange (TT)
Giant Bicycles	Jun 23, 1998	Taipei Stock Exchange (TT)
Lee Chi Enterprises	Nov 14, 1995	Taipei Stock Exchange (TT)