About Deep Tech sector in Shenzhen, China
The Deep Tech sector in Shenzhen, China comprises 1.37K companies, including 328 funded companies having collectively raised $14.2B in venture capital money and private equity. Out of these, 171 are Series A+ funded, and 7 have achieved unicorn status.
Deep Tech sector in Shenzhen, China has seen 5 acquisitions and 30 IPOs.
This sector includes companies that are developing products based on innovative technology and scientific developments such as blockchain, AI, advanced robotics, IoT , etc.
Deep Tech sector is also known as DeepTech, Deep-Tech, Digital Deep or Deep Technology Solutions.
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. Excludes companies developing products of conventional technology (Shallow Tech) such as conventional digital platforms, conventional robotics in industrial automation, among others.
Top Deep Tech Companies in Shenzhen, China
There are 1,367 Deep Tech startups in Shenzhen, China which include DJI, UBTECH, Sunwoda Electronic, MGI, Hai Robotics. Out of these, 328 startups are funded, with 171 having secured Series A+ funding, and 7 achieving unicorn status.
Over the past 10 years, an average of 40 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Hong Kong University of Science and Technology (HKUST), Tsinghua University and Imperial College London.
Here is the list of top Deep Tech startups in Shenzhen, China
1. DJI
Manufacturer of camera drones handheld stabilizers and intelligent agricultural equipment. Products include aerial photography platforms, gimbal systems for video production, and automated machinery for crop management. The business provides hardware for transportation, delivery, and professional filmmaking. Support services include maintenance programs and technical assistance for hardware operation.
Key facts about DJI
2. UBTECH
Provider of service robots for diversified applications. It develops programmable intelligent humanoid robots for learning. The robot has been designed as a family robot to help out in domestic tasks and also act as a personal assistant. The robot has 20 joints and can replicate the movements of the human body. The robot can act as a home guard and is remotely controllable over the internet. Apart from Alpha, the firm also makes children's robot called Jimu and Delta - a robotic kit, and a patrolling robot called Darwin.
Key facts about UBTECH
- Founded Year: 2012
- Location: Shenzhen (China)
- Stage: Public
- Total Funding till date: $1.34B
- Investors: Tencent, Qiming Venture Partners and 26 Others
- Latest Funding Round: Post IPO, Aug 31, 2025, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 1 of 419 Competitors
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware. The company provides batteries for consumer products, electric vehicles, and energy storage. It offers energy services and develops smart hardware. The business also focuses on sustainable development practices throughout its operations.
Key facts about Sunwoda Electronic
- Founded Year: 1997
- Location: Shenzhen (China)
- Stage: Public
- Investors: Broad Vision Funds, Cygnus Equity and 8 Others
- Latest Funding Round: Post IPO, Jun 28, 2023, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 3 of 1,713 Competitors
4. MGI
Provider of gene sequencing instruments, reagents, equipment, and related products. The company has multi-omics platforms which include robotic ultrasound systems, sequencers, and automation systems for life science research, agriculture, precision medicine, and healthcare. It also has sequencing reagents, enzymes, an instrument for microbial detection, analyzers, and others.
Key facts about MGI
- Founded Year: 2016
- Location: Shenzhen (China)
- Stage: Series B
- Total Funding till date: $1B
- Investors: Guotai Junan Securities, CoStone Capital and 13 Others
- Latest Funding Round: Series B, May 28, 2020, $*****
- Tracxn Score: 66/100 What is this?
- Competitors Rank: 5 of 557 Competitors
5. Hai Robotics
Developer of warehouse automation robotics technology. It provides advanced robotic storage and retrieval systems, space utilisation, and order fulfilment through modular, autonomous case-handling robots. Its solutions are used across industries such as e-commerce, logistics, manufacturing, and retail.
Key facts about Hai Robotics
- Founded Year: 2016
- Location: Shenzhen (China)
- Stage: Series D
- Total Funding till date: $215M
- Investors: 5Y Capital, Capital Today and 9 Others
- Latest Funding Round: Series D, Jun 13, 2022, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 15 of 1,085 Competitors
Companies founded year-on-year in the Deep Tech sector in Shenzhen
100 Deep Tech startups in Shenzhen were founded in 2017 - 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 | 5 |
2024 | 24 |
2023 | 32 |
2022 | 45 |
2021 | 36 |
2020 | 32 |
2019 | 65 |
2018 | 70 |
2017 | 100 |
Stage-wise distribution of Deep Tech sector companies in Shenzhen
Out of the total 1,367 Deep Tech companies in Shenzhen, 328 have secured funding. Among them, 171 have reached Series A or higher, and 110 to Series B or beyond.
Founded - 1,367
Funded - 328
Series A+ - 171
Series B+ - 110
Series C+ - 65
Company Stage | No. of companies |
|---|---|
Founded | 1,367 |
Funded | 328 |
Series A+ | 171 |
Series B+ | 110 |
Series C+ | 65 |
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Funding Trends in the Deep Tech sector in Shenzhen
Total funding year-on-year in the Deep Tech sector in Shenzhen
The Deep Tech sector in Shenzhen saw a total funding of more than $13.4B in the last 10 years. The most amount of funding has been in 2026 at more than $2.91B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $2.91B |
2025 | $1.21B |
2024 | $301M |
2023 | $413M |
2022 | $2.78B |
2021 | $2.43B |
2020 | $1.52B |
2019 | $184M |
2018 | $1.07B |
2017 | $576M |
Recent Funding Rounds in Deep Tech in Shenzhen
In the year 2026, till October 2026, Deep Tech companies in Shenzhen have raised $2.91B in equity funding across 37 rounds.
In the same period last year (i.e. till October 2025), Deep Tech companies in Shenzhen had raised $142M across 17 rounds.
So, 2026 has seen a 1953.35% rise in funding in Deep Tech companies in Shenzhen as compared to 2025.
Here are some recent, important funding rounds in Deep Tech companies in Shenzhen:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 5923 | Oct 13, 2026 | ||
Angel | 6184 | Sep 29, 2026 | ||
Series D | 3605 | Sep 11, 2026 | ||
Series A | 3634 | Aug 17, 2026 | - | |
Seed | 4278 | Aug 14, 2026 |
Top Investors in Deep Tech in Shenzhen
Plug and Play Tech Center is the top investor in Deep Tech companies in Shenzhen based on number of companies invested.
Here are some top investors in Deep Tech companies in Shenzhen:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | Youibot and FJ Dynamics | |
Hong Kong (China) | ||
Shenzhen (China) | ||
Beijing (China) | ||
Shenzhen (China) |
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M&A activity in Deep Tech sector in Shenzhen
In the year 2025, till July 2025, 1 acquisition happened in Deep Tech sector in Shenzhen.
Here are some recent, important acquisitions in Deep Tech sector in Shenzhen:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 28, 2025 | ||
Business Acquisition | Apr 04, 2023 | ||
Business Acquisition | Jan 14, 2022 | ||
Business Acquisition | Dec 02, 2017 | ||
Business Acquisition | Aug 30, 2017 |
Acquisition trends in Deep Tech sector in Shenzhen
Here are the acquisition trends in Deep Tech sector in Shenzhen:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | 2 |
IPOs in Deep Tech in Shenzhen
In the year 2026, till September 2026, 8 IPOs happened in Deep Tech sector in Shenzhen.
Here are some recent, important IPOs in Deep Tech sector in Shenzhen:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 30, 2026 | Hong Kong Exchanges (HKG) | |
Sep 09, 2026 | Hong Kong Exchanges (HKG) | |
Jun 23, 2026 | Hong Kong Exchanges (HKG) | |
May 29, 2026 | Hong Kong Exchanges (HKG) | |
May 27, 2026 | Hong Kong Exchanges (HKG) |
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Colleges which produce the most Deep Tech companies in Shenzhen
Companies founded by alumni from top colleges in the Deep Tech in Shenzhen
Most number of Deep Tech startups in Shenzhen have been founded by alumni from Hong Kong University of Science and Technology (HKUST), Tsinghua University and Imperial College London.
College | No. of companies |
|---|---|
Hong Kong University of Science and Technology (HKUST) | 5 |
Tsinghua University | 5 |
Imperial College London | 2 |
Carnegie Mellon University | 1 |
Columbia University | 1 |
Cornell University | 1 |
Duke University | 1 |
ETH Zurich | 1 |
Harvard University | 1 |
National University of Singapore (NUS) | 1 |
Total funding in Deep Tech companies founded by alumni from top colleges in Shenzhen
In the last 10 years, Hong Kong University of Science and Technology (HKUST) graduates' Deep Tech companies in Shenzhen have raised the most funding among top colleges. Tsinghua University alumni are second, and University of Waterloo alumni are third.
College | Total Funding |
|---|---|
Hong Kong University of Science and Technology (HKUST) | $638M |
Tsinghua University | $258M |
University of Waterloo | $234M |
University of California (Los Angeles) | $149M |
ETH Zurich | $115M |
Carnegie Mellon University | $56.3M |
Columbia University | $22.8M |
Imperial College London | $20M |
National University of Singapore (NUS) | $6.94M |
Cornell University | - |
Top News in Deep Tech in Shenzhen
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Babcock & Wilcox Raised $230M at $18.50, Enabling $50M Buyback to Reverse SharesBusiness News Today•Aug 12, 2026•BW
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China Baoan Subsidiary Plans to Invest 10 Million Yuan with Professional InstitutionsSecurities Star•May 20, 2026•BTR
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KraneShares Launches Humanoid & Embodied Intelligence Index UCITS ETF (KOID) on the London Stock ExchangeGlobeNewswire•Oct 09, 2025•Horizon, UBTECH, KraneShares, RoboSense and 4 others
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Clou unveils latest energy storage innovations at Solar & Storage Live UKPR Newswire•Sep 26, 2025•Shenzhen Clou Electronics
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Clou Aqua-c3.0 Pro Energy Storage System Debuts At Re+, Unlocking Industry Revenue GrowthMiningstockeducation•Sep 10, 2025•Shenzhen Clou Electronics
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