A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Taiwan has more than 12K+ startups. Of these, 3 have become Unicorns, with the latest entrant to the club being ProLogium on Oct 29, 2021. In 2026, Taiwan has seen no new unicorn startups.
Globally, Taiwan is number 39 in terms of total Unicorns created, behind Portugal (3 unicorns) at rank 38 and Philippines (3 unicorns) at rank 37. Taipei leads the list of cities in Taiwan with most unicorns at 2. It is followed by Taoyuan City (1 unicorn). Among sectors, Energy Tech has seen the most unicorns created at 2, followed by Enterprise Applications at 1, and High Tech at 1
Here is a list of all 3 unicorns created in Taiwan:
3. ProLogium
ProLogium joined the Unicorn Club on Oct 29, 2021 after raising a $***** Series E funding round led by SBCVC, Danfeng Capital, Epoch Capital Partners.
Manufacturer of next-generation lithium ceramic batteries for electric vehicles. The company focuses on research, development, and manufacturing of battery solutions. Batteries fulfill requirements for extreme safety, high energy density, and fast charging. The company has provided next-generation battery sample cells to car manufacturers for testing and module development.
Key facts about ProLogium
- Founded Year: 2006
- Location: Taoyuan City (Taiwan)
- Stage: Series E
- Primary Sector: Energy Storage Tech
- Time to Unicorn: 15 years 9 months
- Top investors : Primavera, Mercedes-Benz
- Valuation: $*****
- Total Funding till date: $576M
- Employee Count: 241 as on Sep 30, 2026
- Latest Funding Round: Series E, Sep 10, 2026, $*****
Appier Technologies joined the Unicorn Club on Nov 26, 2019 after raising a $***** Series D funding round led by TGVest Capital, Arm.
Personalized omnichannel marketing and advertising solutions for businesses. It offers a range of AI-powered platforms to optimize user acquisition, campaign automation, conversion optimization, and personalized customer experiences. It enables businesses to create personalized marketing campaigns.
Key facts about Appier Technologies
- Founded Year: 2012
- Location: Taipei (Taiwan)
- Stage: Public
- Primary Sector: MarketingTech
- Time to Unicorn: 7 years 10 months
- Top investors : JAFCO Asia, SoftBank Group
- Total Funding till date: $184M
- Employee Count: 867 as on Sep 30, 2026
- Latest Funding Round: Series D, Feb 16, 2021, $*****
1. Gogoro
Gogoro joined the Unicorn Club on Sep 19, 2017 after raising a $***** Series C funding round led by Temasek, Generation Investment Management, and 1 more.
Platform offering electric scooters and operator of battery swapping networks. The scooters have anti-lock braking systems, ABS tires, front suspensions, swappable batteries, tail grips, anti-theft systems, and an integrated app displaying battery levels and vehicle performance. It operates a network of battery-swapping stations using AI and cloud-based solutions across commercial areas such as parking lots and supermarkets. Its swappable batteries are encased in aluminum and are waterproof.
Key facts about Gogoro
- Founded Year: 2011
- Location: Taipei (Taiwan)
- Stage: Public
- Primary Sector: Electric Vehicles
- Time to Unicorn: 6 years 8 months
- Top investors : Generation Investment Management, Princeville Capital
- Total Funding till date: $765M
- Employee Count: 933 as on Sep 30, 2026
- Latest Funding Round: Post IPO, Jun 03, 2024, $*****
