69 Best Startups in Shanghai to Watch in 2025

The Definitive Seedtable Ranking of Startups in Shanghai

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 195 start-ups with an aggregate funding of $17.1b. The average funding per company in this subset is $248.0m.

Last update to the database: Feb 18, 2025. See changelog.

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8

Funding Rounds

$551.0m

Money raised

Eat Just is a San Francisco based food technology company founded in 2011. The company is known for its bean-based egg substitute called Just Egg. Eat Just also produces egg-free mayonnaise.

3

Funding Rounds

$113.0m

Money raised

Zilliz is a vector database company providing products for enterprise-grade AI.

4

Funding Rounds

$70.8m

Money raised

A mobile application allowing its users access their office, building or apartment

9

Funding Rounds

$87.8m

Money raised

Everledger is a supply chain and asset tracking company using blockchain to store records of valuable assets like diamonds.

Location:

Key people:

1

Funding Rounds

$34.0m

Money raised

A technology manufacturing company making Li-Metal materials, cells, and packs for drones, consumer electronics and automotive applications.

7

Funding Rounds

$121.9m

Money raised

AMEC is a company founded in 2004 by James Yang.

5

Funding Rounds

$156.0m

Money raised

A financial technology company offering marketing solutions and predictive analytics using big data and machine learning.

Location:

Key people:

2

Funding Rounds

$195.5m

Money raised

JW (Cayman) Therapeutics Co. Ltd is a Shanghai-based developer of cell-based therapy technologies for cancer treatment.

Location:

Key people:

5

Funding Rounds

$76.7m

Money raised

Drug discovery artificial intelligence company founded in 2015 by Jie Fan and Ke Liu.

Key people:

4

Funding Rounds

$7.5m

Money raised

Strikingly is a company providing an online web platform for building mobile-optimized websites. It participated in the W13 cohort of Y Combinator.

Key people:

9

Funding Rounds

$727.0m

Money raised

Dianrong is a Shanghai-based peer-to-peer lending marketplace where users can invest in other people or small businesses, or individuals or businesses can find financial support.

Industries:

Location:

Key people:

1

Funding Rounds

$15.0m

Money raised

Blocklords is a strategy game founded by David Johansson.

5

Funding Rounds

$127.6m

Money raised

Omniome is a San Diego-based company.

11

Funding Rounds

$90.7m

Money raised

VeriSilicon Holdings is a company founded in 2001 by Wayne Dai.

1

Funding Rounds

$14.2m

Money raised

Stemirna Therapeutics is an mRNA therapeutics and nanoparticle formulation company in China focused on treatments for cancer, infectious diseases and rare diseases.

1

Funding Rounds

$530.0m

Money raised

Lixiang is a company founded in 2015.

2

Funding Rounds

Subtle Medical is a medical imaging software company based in Menlo Park, CA.

1

Funding Rounds

$225.0m

Money raised

DaDa (known as DaDaABC prior to June 2018) is a global online education company headquartered in Shanghai, China. The DaDa platform provides children with live one-on-one lessons taught by English teachers, operating through the flipped classroom model and utilizing blended learning strategies.

2

Funding Rounds

$750.0m

Money raised

Tuhu is a company providing an automobile after-sales products and services via its website, mobile application, call center and third-party e-commerce platforms.

2

Funding Rounds

$43.6m

Money raised

Yalochat is an artificial Intelligence company founded in 2015 by Javier Mata.

6

Funding Rounds

$128.9m

Money raised

LAIX Inc. is a developer and provider of AI-powered products designed to help users learn English.

Location:

Key people:

3

Funding Rounds

$23.1m

Money raised

Shanghai Gingkoo Financial Information Co.,Ltd. is a Shanghai-based company.

Location:

Key people:

1

Funding Rounds

$300.0m

Money raised

Chengjia Apartment is a hotel company founded in 2015.

Industries:

Location:

1

Funding Rounds

$100.0m

Money raised

Apollomics Inc is a cancer medicines founded in 2015 by Guo Liang Yu.

Key people:

4

Funding Rounds

$600.0m

Money raised

YITU Technology is a company developing application software integrated with artificial intelligence technologies for security, finance, transportation and healthcare industry.

1

Funding Rounds

$120.0m

Money raised

Inceptio Technology is a Shanghai-based company.

1

Funding Rounds

$3.2m

Money raised

Polyplus-Transfection S.A. is a transfection Supplies founded in 2001 by Anne Monjanel, Joelle Bloch, Patrick Metz and Paul Behr.

1

Funding Rounds

$3.1m

Money raised

Shanghai Personal Biotechnology Co., Ltd. is a Shanghai-based technology company founded in 2011 that provides gene sequencing services.

Location:

2

Funding Rounds

$800.0m

Money raised

Xiaohongshu provides an online platform for sharing information on discount, featured items, shopping malls and shopping tips.

Location:

Key people:

1

Funding Rounds

$500.0m

Money raised

Also known as Shanghai United Imaging Healthcare, United Imaging Healthcare is a company developing and manufacturing medical equipment and solutions. It offers imaging products including computed tomography, molecular imaging, magnetic resonance, and X-ray radiography products, radiotherapy equipment.

Location:

3

Funding Rounds

$460.0m

Money raised

Mobvoi is an AI company that developed Chinese voice recognition, natural language processing, and vertical search technology in-house.

1

Funding Rounds

$10.0m

Money raised

The CareVoice is a Shanghai-based early growth-stage health insurtech startup. It provides a mobile social platform with community-sourced ratings and recommendations on healthcare services.

Location:

Key people:

2

Funding Rounds

$315.0m

Money raised

ITutorGroup provides an online educational platform for students and business professionals.

2

Funding Rounds

$141.2m

Money raised

3D Medicines is a Shanghai-based company developing personalized diagnostics products.

Location:

Key people:

2

Funding Rounds

$49.2m

Money raised

diaDexus is a diagnostics company developing cardiovascular diagnostic products founded in 1997.

1

Funding Rounds

$31.0m

Money raised

Yikon Genomics Co., Ltd. is a company founded by Sunney Xie.

2

Funding Rounds

A company, formerly known as HelloBike, making smart-sharing bikes in China.

Location:

2

Funding Rounds

$1.5b

Money raised

WM Motor is a Chinese company that designs, manufactures, and markets battery-operated electric vehicles

6

Funding Rounds

$359.0m

Money raised

Also known as FlashEx, Shansong Express is a logistics company providing within the city express delivery service in China.

6

Funding Rounds

$368.6m

Money raised

Zhaogang operates an online platform for steel trading information services for buyers and suppliers.

Industries:

2

Funding Rounds

$750.0k

Money raised

Nanotechnology company offering 3D lightfield products and software applications.

2

Funding Rounds

$120.0m

Money raised

BioShin is a small Molecules.

Location:

2

Funding Rounds

$1.0b

Money raised

A China-based grocery delivery service with a focus on fish, vegetables, fresh water, and fruit

3

Funding Rounds

$36.5m

Money raised

PPTV is a company founded in 2004.

Location:

5

Funding Rounds

$10.4m

Money raised

Montage Technology is a company founded in 2004.

9

Funding Rounds

$123.1m

Money raised

Ximalaya is a Shanghai-based company.

Location:

3

Funding Rounds

$203.5m

Money raised

ThinkForce is a Shanghai-based artificial intelligence chip maker.

Location:

Key people:

5

Funding Rounds

$187.0m

Money raised

Hujiang Education Technologies or Hujiang is an educational technology company developing and providing online language learning, communication, information and services.

5

Funding Rounds

$472.0m

Money raised

Zhangmen is an online education company that provides tutoring courses for primary and middle school students.

3

Funding Rounds

$76.6m

Money raised

NextVPU (Shanghai) Co., Ltd. is a Shanghai-based company founded by Alan Feng Xinpeng.

5

Funding Rounds

$108.9m

Money raised

HiScene is a company founded in 2011 by Chunyuan Liao.

1

Funding Rounds

$458.0k

Money raised

The total volume of commodity transactions (GMV) of Pinduoduo platform in 2021 will reach 2.44 trillion yuan [3]. In 2022, the number of annual active buyers of Pinduoduo will reach 880 million [4] out of the 12 "Pinduoduo" in 2022.

Location:

5

Funding Rounds

$532.5m

Money raised

2

Funding Rounds

$20.8m

Money raised

Anhui Cowarobot is a Shanghai, China-based high-tech company developing AI-powered solutions with the aim to make travel more convenient.

1

Funding Rounds

$75.0m

Money raised

GenFleet Therapeutics is a small and Large Molecules founded in 2017 by Qiang Lu.

Location:

Key people:

5

Funding Rounds

$17.4m

Money raised

Alinket Electronic Technology (Shanghai) Co., Ltd. is a company founded by Lintao Tan.

2

Funding Rounds

$11.5m

Money raised

Skysys is an intelligent drone automatic operation platform.

Location:

Key people:

1

Funding Rounds

$150.0m

Money raised

Cyclone Robotics is a Shanghai-based company founded in 2015.

3

Funding Rounds

$236.0m

Money raised

InventisBio Inc is an oncology & Metabolic Diseases founded in 2013.

2

Funding Rounds

$52.4m

Money raised

DLG Power Battery (Shanghai) Co., Ltd. is a Shanghai-based battery company.

Location:

2

Funding Rounds

$1.1b

Money raised

Youxia Motors is a company designing and manufacturing electric vehicles.

3

Funding Rounds

$21.6m

Money raised

APEX Technologies develops and provides end-to-end marketing and analytics solutions to medium and large companies.

Location:

Key people:

2

Funding Rounds

$33.0m

Money raised

ShouTi Inc. is a Shanghai-based company founded in 2019.

2

Funding Rounds

$150.0k

Money raised

meXBT is a blockchain company founded in 2013 by Gabriel Mirón.

5

Funding Rounds

$27.0m

Money raised

xiaoi is a Shanghai-based company founded in 2001 by Yuan Hui.

3

Funding Rounds

$2.6b

Money raised

Biren Technology is a Shanghai-based technology company.

Industries:

Location:

1

Funding Rounds

$1.4m

Money raised

A high-tech enterprise focused on developing new Li-ion battery and cobalt materials.

Location:

4

Funding Rounds

$438.0k

Money raised

Seeder Energy is a company founded in 2013 by Alex Shoer, Alexandre van 't Westende, Johnny Browaeys and Rebecca Coombs.

Location:

Key people:

2

Funding Rounds

$15.3m

Money raised

Motovis Intelligent Technologies (Shanghai) Co Ltd is a Shanghai-based company founded by Bruce Wang, Chunhua Shen, Davy Luk, Eddie Chan and Yu Zhenghua.

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