About HealthTech sector in China
The HealthTech sector in China comprises 2.88K companies, including 1.16K funded companies having collectively raised $22.4B in venture capital money and private equity. Out of these, 406 are Series A+ funded, and 9 have achieved unicorn status.
HealthTech sector in China has seen 23 acquisitions and 35 IPOs.
This sector includes companies providing digital health solutions for disease management, diagnosis, treatment etc.
HealthTech sector is also known as Digital Health, e-Health, Health And Wellness Tech, Smart Healthcare, Healthcare Technology or Health Management Technology.
It includes companies providing both B2B and B2C software, platforms and connected devices for providers, hospitals, consumers, employers, and life science industry. It excludes companies providing drugs, in vitro diagnostic solutions, drug delivery and medical devices that do not rely on digital platforms.
Top HealthTech Companies in China
There are 2,877 HealthTech startups in China which include Keep, Jianke, Soyoung, Infervision, Senyi. Out of these, 1,159 startups are funded, with 406 having secured Series A+ funding, and 9 achieving unicorn status.
2026 has seen the creation of 8 HealthTech startups in China. Over the past 10 years, an average of 104 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Tsinghua University, Hong Kong University of Science and Technology (HKUST) and Stanford University.
Here is the list of top HealthTech startups in China
1. Keep
Keep provides app based physical training program. It offers exercise for warm up, workout and cooling schedule. The user can take and share their own pictures. It is also an online social bookmarking & e-commerce platform that enable users to select items from various websites and maintain them in a personal profile. Offers curated collections of various categories including fashion, decor, accessories, and design. Users can see only the keeps from people they follow and also can suggest keepers with highest followers on the website. Keep offers OneCart, a universal shopping cart that allows users to select items from any online stores, add it to a single cart, and check out with a single click. The app is available for iOS & Android users.
Key facts about Keep
- Founded Year: 2014
- Location: Chaoyang (China)
- Stage: Public
- Total Funding till date: $614M
- Investors: Granite Asia, Goldman Sachs Investment Partners and 13 Others
- Latest Funding Round: Series F, Jan 11, 2021, $*****
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 3 of 1,195 Competitors
2. Jianke
Jianke is an online retailer for OTC medicines. Products on the website include drugs, health care products, weight loss, skin care, baby products, safety supplies, etc. The company is a part of Guangdong Health Pharmaceutical Co. Procuring directly from manufacturers helps it to ensure drug quality while reducing the middle-men and controlling the price.
Key facts about Jianke
- Founded Year: 2009
- Location: Haidian (China)
- Stage: Public
- Total Funding till date: $280M
- Investors: Crescent Point, ShenZhen GTJA Investment Group and 8 Others
- Latest Funding Round: Post IPO, Jan 26, 2026, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 75 Competitors
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3. Soyoung
Soyoung is an online platform that helps users identify different cosmetic healthcare doctors and beauty clinics. It also has a community on the platform to help users discuss different cosmetic problems. The users can make an appointment on the platform and also view other users of the doctor's evaluation. It has raised Series B round of funding from Matrix Partner and TBP Capital.
Key facts about Soyoung
- Founded Year: 2013
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $229M
- Investors: Orchid Asia Group, Apax and 8 Others
- Latest Funding Round: Series E, Sep 04, 2018, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 8 of 1,848 Competitors
4. Infervision
AI-based medical imaging and clinical diagnosis solutions. The platform provides neural network-based medical imaging that assists doctors in clinical disease diagnosis and treatment decisions. Also, the clinical workflow can be integrated with the treatment process for surgical planning and precise treatments.
Key facts about Infervision
- Founded Year: 2016
- Location: Beijing (China)
- Stage: Series D
- Total Funding till date: $213M
- Investors: Goldman Sachs Investment Partners, CCB trust and 19 Others
- Latest Funding Round: Series D, Aug 13, 2021, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 3 of 639 Competitors
5. Senyi
Provider of an AI-based medical data management and mining platform for the healthcare industry The company uses medical data governance and medical artificial intelligence for their services, which include medical research, medical management, patient services, and accelerating the construction of smart medical systems. Their platform also provides analysis of data.
Key facts about Senyi
- Founded Year: 2016
- Location: Pudong (China)
- Stage: Series E
- Total Funding till date: $200M
- Investors: IDG Capital, Granite Asia and 13 Others
- Latest Funding Round: Series E, Jul 18, 2024, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 7 of 763 Competitors
Companies founded year-on-year in the HealthTech sector in China
8 new startups have been founded so far in 2026 in the HealthTech sector in China. 222 HealthTech startups in China 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 | 8 |
2025 | 15 |
2024 | 25 |
2023 | 66 |
2022 | 65 |
2021 | 134 |
2020 | 167 |
2019 | 171 |
2018 | 176 |
2017 | 222 |
Stage-wise distribution of HealthTech sector companies in China
Out of the total 2,877 HealthTech companies in China, 1,159 have secured funding. Among them, 406 have reached Series A or higher, and 221 to Series B or beyond.
Founded - 2,877
Funded - 1,159
Series A+ - 406
Series B+ - 221
Series C+ - 134
Company Stage | No. of companies |
|---|---|
Founded | 2,877 |
Funded | 1,159 |
Series A+ | 406 |
Series B+ | 221 |
Series C+ | 134 |
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Funding Trends in the HealthTech sector in China
Total funding year-on-year in the HealthTech sector in China
The HealthTech sector in China saw a total funding of more than $15.3B in the last 10 years. The most amount of funding was in 2021 at more than $4.75B. There has been a total funding of $384M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $384M |
2025 | $525M |
2024 | $161M |
2023 | $362M |
2022 | $590M |
2021 | $4.75B |
2020 | $2.16B |
2019 | $2.03B |
2018 | $2.75B |
2017 | $1.55B |
Recent Funding Rounds in HealthTech in China
In the year 2026, till July 2026, HealthTech companies in China have raised $365M in equity funding across 19 rounds.
In the same period last year (i.e. till July 2025), HealthTech companies in China had raised $147M across 10 rounds.
So, 2026 has seen a 147.34% rise in funding in HealthTech companies in China as compared to 2025.
Here are some recent, important funding rounds in HealthTech companies in China:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 7072 | Jul 13, 2026 | - | |
Series B | 1295 | Jul 08, 2026 | - | |
Series D | 9160 | Jul 08, 2026 | ||
Series D | 4705 | Jun 26, 2026 | ||
Series A | 8633 | Jun 17, 2026 |
Top Investors in HealthTech in China
Plug and Play Tech Center is the top investor in HealthTech companies in China based on number of companies invested.
Here are some top investors in HealthTech companies in China:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
New York City (United States) | ||
Menlo Park (United States) | ||
Menlo Park (United States) | - | |
London (United Kingdom) |
M&A activity in HealthTech sector in China
In the year 2025, till January 2025, 1 acquisition happened in HealthTech sector in China.
Here are some recent, important acquisitions in HealthTech sector in China:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jan 11, 2025 | ||
Acqui-Hired | Feb 10, 2023 | ||
Business Acquisition | Aug 05, 2022 | ||
Business Acquisition | Aug 17, 2021 | ||
Business Acquisition | Jan 18, 2021 | - |
Acquisition trends in HealthTech sector in China
Here are the acquisition trends in HealthTech sector in China:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | 2 |
2020 | 3 |
2019 | 3 |
2018 | 1 |
2017 | 2 |
IPOs in HealthTech in China
In the year 2026, till May 2026, 2 IPOs happened in HealthTech sector in China.
Here are some recent, important IPOs in HealthTech sector in China:
Company | IPO Date | Exchange Symbol |
|---|---|---|
May 13, 2026 | Hong Kong Exchanges (HKG) | |
Feb 05, 2026 | Shanghai Stock Exchange (SSE) | |
Dec 23, 2025 | Hong Kong Exchanges (HKG) | |
Oct 08, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 17, 2025 | Hong Kong Exchanges (HKG) |
Colleges which produce the most HealthTech companies in China
Companies founded by alumni from top colleges in the HealthTech in China
Most number of HealthTech 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 | 20 |
Hong Kong University of Science and Technology (HKUST) | 7 |
Stanford University | 7 |
Harvard University | 6 |
Imperial College London | 5 |
Massachusetts Institute of Technology | 4 |
Columbia University | 3 |
Nanyang Technological University (NTU) | 3 |
University of Chicago | 3 |
University of Oxford | 3 |
Total funding in HealthTech companies founded by alumni from top colleges in China
In the last 10 years, Columbia University graduates' HealthTech companies in China have raised the most funding among top colleges. Tsinghua University alumni are second, and Yale University alumni are third.
College | Total Funding |
|---|---|
Columbia University | $1B |
Tsinghua University | $731M |
Yale University | $366M |
University of Chicago | $218M |
Harvard University | $118M |
Stanford University | $100M |
Massachusetts Institute of Technology | $88.5M |
Imperial College London | $82M |
Nanyang Technological University (NTU) | $65.4M |
Stanford Business School | $47.9M |
Top News in HealthTech in China
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Sinocare Pulls FDA Submission for CGM, Shifts Focus to Next-Gen SystemDrug Delivery Business•Aug 14, 2025•Sinocare
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Quality HealthCare Enhances Pilot Wellness Program to Support Hong Kong’s Aviation SafetyVietnam Investment Review•May 23, 2025•Zhuojian Medical Service
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Smartee Pioneers a New Phase in Orthodontics with Silicon Valley Founder ModePR Newswire•Mar 31, 2025•Smartee
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