Top startups in China
There are 139,348 startups in China which include DJI, Animoca Brands, Klook, Xiaohongshu , BITMAIN. Out of these, 33,657 startups are funded, with 7,323 having secured Series A+ funding, and 248 achieving unicorn status. Electric Vehicles ($63.7B) and Road Transport Tech ($56B) are the top-funded sectors in China, with over 2,381 companies, including DiDi and A123 Systems. Beijing (3,286), Shanghai (2,840), and Shenzhen (2,152) are the top cities by number of startups hosted. In the last five years, 3,863 companies raised over $159B in funding across 4,891 rounds. AgiBot is the latest startup to join the Unicorn Club from China. The number of companies founded have declined by 47.3%, from 1,161 companies in 2024 to 612 companies in 2025.
Here is the list of top startups in 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
Digital assets and Web3 company that builds, invests in, and accelerates technologies and ecosystems for gaming. Its operations include the creation of virtual environments, identity management systems, and educational platforms utilizing distributed ledger technology. Services encompass treasury management for institutional entities and the facilitation of digital commerce through stablecoin infrastructure. Projects involve the development of interactive software and decentralized networks for managing ownership of virtual items.
Key facts about Animoca Brands
- Founded Year: 2006
- Location: Hong Kong (China)
- Stage: Series C
- Total Funding till date: $880M
- Investors: Liberty City Ventures, Octava and 126 Others
- Latest Funding Round: Series C, Nov 11, 2024, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 2 of 1,030 Competitors
3. Klook
Online retailer of tours, activities, accommodations, and transport options. It provides options for various travel experiences, including cultural activities, water sports, and outdoor adventures. The platform offers tickets for attractions and events. Additionally, it facilitates booking hotels and arranging transportation like airport transfers and car rentals.
Key facts about Klook
- Founded Year: 2014
- Location: Hong Kong (China)
- Stage: Series F
- Total Funding till date: $1.03B
- Investors: Sequoia Capital China, Matrix and 26 Others
- Latest Funding Round: Series F, Feb 11, 2025, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 11 of 3,532 Competitors
4. Xiaohongshu
Online community-based shopping and recommendation platform. The product catalog includes beauty, travel, food, sports, digital, baby care, fashion. and more. It allows users to browse items, share on social media, read reviews, influencers can post, share travel blogs & lifestyle stories via short videos and photos, and more.
Key facts about Xiaohongshu
5. BITMAIN
Developer of hardware solutions for crypto mining. It provides users with a platform that is based on the application-specific integrated chip miner technology for Bitcoin mining. It also offers cloud solutions, for blockchain and artificial intelligence applications.
Key facts about BITMAIN
- Founded Year: 2013
- Location: Beijing (China)
- Stage: Series C
- Total Funding till date: $950M
- Investors: Sequoia Capital, EDBI and 27 Others
- Latest Funding Round: Series C, Aug 13, 2018, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 400 Competitors
