About Deep Tech sector in China
Companies included in Deep Tech
Includes companies implementing technologies like blockchain, artificial intelligence, computer vision, robotics, nanotechnology, IoT into their products. Also includes companies providing infrastructure to develop blockchain, AI, IoT technology such as development tools, smart contracts, and sensor technology, among others.Companies excluded in Deep Tech
Excludes companies developing products of conventional technology (Shallow Tech) such as conventional digital platforms, conventional robotics in industrial automation, among othersTop Deep Tech Companies in China
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of multi-utility drones | Shenzhen (China) | 2006 | Series B | $105M | |
Developer of autonomous aerial vehicles and related command and control systems | Guangzhou (China) | 2014 | Public | $52M | |
Developer of blockchain-based PC and mobile games | Kowloon (China) | 2006 | Series C | $880M | |
Manufacturer of automotive lithium-ion batteries | Hangzhou (China) | 2001 | Public | $201M | |
Developer of hardware solutions for crypto mining | Beijing (China) | 2013 | Series C | $950M |
Companies founded year-on-year in the Deep Tech sector in China
613 Deep Tech startups in China were founded in 2016 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 32 |
2024 | 88 |
2023 | 247 |
2022 | 249 |
2021 | 301 |
2020 | 250 |
2019 | 401 |
2018 | 483 |
2017 | 561 |
2016 | 613 |
Stage-wise distribution of Deep Tech sector companies in China
Out of the total 7,144 Deep Tech companies in China, 2,459 have secured funding. Among them, 1,115 have reached Series A or higher, and 672 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 7,144 |
Funded | 2,459 |
Series A+ | 1,115 |
Series B+ | 672 |
Series C+ | 390 |
Funding Trends in the Deep Tech sector in China
Total funding year-on-year in the Deep Tech sector in China
The Deep Tech sector in China saw a total funding of more than $102B in the last 10 years. The most amount of funding was in 2021 at more than $19.7B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $6.06B |
2024 | $6.3B |
2023 | $6.59B |
2022 | $19.4B |
2021 | $19.7B |
2020 | $13.9B |
2019 | $6.21B |
2018 | $18B |
2017 | $4.49B |
Recent Funding Rounds in Deep Tech in China
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 9839 | Dec 24, 2025 | ||
Series A | 9521 | Dec 24, 2025 | ||
Seed | 5601 | Dec 22, 2025 | - | |
Series B | 7847 | Dec 22, 2025 | ||
Series D | 9159 | Dec 22, 2025 |
Top Investors in Deep Tech in China
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Cork (Ireland) | ||
Singapore (Singapore) | ||
Menlo Park (United States) | ||
San Diego (United States) |
M&A activity in Deep Tech sector in China
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 30, 2025 | ||
Business Acquisition | Dec 19, 2025 | ||
Business Acquisition | Nov 18, 2025 | ||
Business Acquisition | Jul 28, 2025 | ||
Business Acquisition | May 21, 2024 |
Acquisition trends in Deep Tech sector in China
Here are the acquisition trends in Deep Tech sector in China:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 4 |
2024 | 5 |
2023 | 6 |
2022 | 8 |
2021 | 2 |
2020 | 4 |
2019 | 4 |
2018 | 2 |
2017 | 4 |
IPOs in Deep Tech in China
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 19, 2025 | Hong Kong Exchanges (HKG) | |
Dec 03, 2025 | Shenzhen Stock Exchange (SZSE) | |
Nov 06, 2025 | Hong Kong Exchanges (HKG) | |
Oct 28, 2025 | Hong Kong Exchanges (HKG) | |
Oct 22, 2025 | Hong Kong Exchanges (HKG) |
Colleges which produce the most Deep Tech companies in China
Companies founded by alumni from top colleges in the Deep Tech in China
Most number of Deep Tech startups in China have been founded by alumni from Tsinghua University, Hong Kong University of Science and Technology (HKUST) and Stanford University.
College | No. of companies |
|---|---|
Tsinghua University | 58 |
Hong Kong University of Science and Technology (HKUST) | 24 |
Stanford University | 15 |
Carnegie Mellon University | 11 |
Columbia University | 10 |
Harvard University | 9 |
Massachusetts Institute of Technology | 8 |
University of California (Berkeley) | 8 |
University of Pennsylvania | 8 |
University of Cambridge | 7 |
Total funding in Deep Tech companies founded by alumni from top colleges in China
In the last 10 years, Tsinghua University graduates' Deep Tech companies in China have raised the most funding among top colleges. Columbia University alumni are second, and Carnegie Mellon University alumni are third.
College | Total Funding |
|---|---|
Tsinghua University | $7.31B |
Columbia University | $3.5B |
Carnegie Mellon University | $1.42B |
The University of Tokyo | $850M |
University of Toronto | $750M |
Massachusetts Institute of Technology | $698M |
Stanford University | $679M |
Cornell University | $657M |
Wharton School | $625M |
Hong Kong University of Science and Technology (HKUST) | $413M |
