# Incubators and accelerators based in Hong Kong SAR China (2026 list)

> 27 incubators and accelerators based in Hong Kong SAR China, 7% active in the last 12 months. Led by Animoca Brands, Brinc, Seedcoin.

Source: https://millionrounds.com/lists/incubators-accelerators-based-in-hong-kong-sar-china (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Incubators and accelerators based in Hong Kong SAR China

Updated 7 November 2026

Incubators and accelerators headquartered in Hong Kong SAR China.

[See all 27 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-based-in-hong-kong-sar-china)The top 25

**27** investors on the list No change this week

**18** cheques in 12 months *-72%* against the market

**$1.8M** median round they joined *-78%* against the market median

**7%** wrote a cheque in 12 months

**7%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (2)

- 1 [Animoca Brands](https://millionrounds.com/fund/animoca-brands) *Deploying now* Accelerator · Hong Kong SAR China **318** **$5M** median round **Nov 2026** last seen
- 2 [Brinc](https://millionrounds.com/fund/brinc) *Deploying now* Accelerator · Hong Kong SAR China **132** **$500K** median round **Jul 2026** last seen
- 3 [Seedcoin](https://millionrounds.com/fund/seedcoin) quiet Accelerator · Hong Kong SAR China **3** **$150K** median round **Apr 2014** last seen
- 4 [The Mills Fabrica](https://millionrounds.com/fund/the-mills-fabrica) quiet Accelerator · Hong Kong SAR China **2** **$1.8M** median round **Mar 2024** last seen
- 5 [Sun Hung Kai & Co. Limited](https://millionrounds.com/fund/sun-hung-kai-and-co) quiet Accelerator · Hong Kong SAR China **1** **$29M** median round **Oct 2025** last seen
- 6 [Booost Incubator](https://millionrounds.com/fund/booost-incubator) unknown Incubator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 7 [CMB International Capital Corporation](https://millionrounds.com/fund/cmb-international-capital-corporation) unknown Incubator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 8 [COINS GROUP](https://millionrounds.com/fund/coins-group) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 9 [Fairchild Capital Management](https://millionrounds.com/fund/fairchild-capital) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 10 [G-Rocket Global Accelerator](https://millionrounds.com/fund/g-rocket-global-accelerator) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 11 [GreaterBayX](https://millionrounds.com/fund/greaterbayx) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 12 [HK Incubation](https://millionrounds.com/fund/hk-incubation) unknown Incubator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 13 [Helix Accelerator](https://millionrounds.com/fund/helix-accelerator) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 14 [IMS Digital Ventures](https://millionrounds.com/fund/ims-digital-ventures) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 15 [Loopnest Accelerator](https://millionrounds.com/fund/loopnest-accelerator) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 16 [Mstone Partners Healthcare](https://millionrounds.com/fund/mstone-partners-healthcare) unknown Incubator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 17 [PANONY](https://millionrounds.com/fund/panony) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 18 [ParticleX](https://millionrounds.com/fund/particlex) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 19 [Pebble](https://millionrounds.com/fund/pebble) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 20 [Saltagen Ventures](https://millionrounds.com/fund/saltagen-ventures) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 21 [Skry Labs](https://millionrounds.com/fund/skry-labs) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 22 [Sow Asia](https://millionrounds.com/fund/sow-asia) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 23 [StartupsDAO](https://millionrounds.com/fund/startupsdao) unknown Accelerator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 24 [TXD Deep Technology Incubator TusPark HK x DEEPTECK](https://millionrounds.com/fund/txd-deep-technology-incubator-tuspark-hk-x-deepteck) unknown Incubator · Hong Kong SAR China **none observed** **-** median round **-** last seen
- 25 [TechGrind](https://millionrounds.com/fund/techgrind-incubator-and-venture-capital) unknown Incubator · Hong Kong SAR China **none observed** **-** median round **-** last seen

**2 more on this list**

All 27 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-based-in-hong-kong-sar-china)

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Bullshot](https://millionrounds.com/company/bullshot)** Other · $7.7M *Led by* [Animoca Brands](https://millionrounds.com/fund/animoca-brands)
- **1** Sept **[RealGo](https://millionrounds.com/company/realgo)** Venture · $6M *With* [Animoca Brands](https://millionrounds.com/fund/animoca-brands)
- **1** Jul **[WildFire Energy](https://millionrounds.com/company/wildfire-energy)** Grant · $2.2M *With* [Brinc](https://millionrounds.com/fund/brinc)
- **1** Jun **[EarnOS](https://millionrounds.com/company/earnos)** Grant · $13M *With* [Animoca Brands](https://millionrounds.com/fund/animoca-brands)
- **1** Jun **[AllScale](https://millionrounds.com/company/allscale)** Venture *With* [Animoca Brands](https://millionrounds.com/fund/animoca-brands)
- **1** May **[IOTrader](https://millionrounds.com/company/iotrader)** Seed · $3.8M *With* [Animoca Brands](https://millionrounds.com/fund/animoca-brands)

## Stages This Year

18 rounds

- Seed **44%**
- Venture **22%**
- Grant **11%**
- Other **11%**
- Series A **11%**

## What They Backed

Sectors, last 12 months

- Web3 & Crypto **6**
- AI **3**
- Gaming **3**
- IT Services **3**
- Drones **2**
- Financial Services **1**

## Cheques by Quarter

Led Joined

14 Q1 25

12 Q2 25

18 Q3 25

18 Q4 25

7 Q1 26

4 Q2 26

2 Q3 26

1 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states)
- [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states)
- [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom)
- [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china)
- [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india)
- [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada)
- [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany)
- [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom)
- [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about incubators and accelerators based in Hong Kong SAR China

### Who are the most active incubators and accelerators based in Hong Kong SAR China?

By cheques observed, the most active are Animoca Brands, Brinc, Seedcoin, The Mills Fabrica and Sun Hung Kai & Co. Limited.

### How many incubators and accelerators based in Hong Kong SAR China are there?

27 are on record. 7% made an investment in the last 12 months and 7% have led a round.

### Which stages do incubators and accelerators based in Hong Kong SAR China back?

Of the rounds with a named stage in the last 12 months, mostly Seed (67%) and Grant (17%).

### How big are the rounds incubators and accelerators based in Hong Kong SAR China join?

The typical (median) round among the leading investors here is $1.8M.

### Which sectors do incubators and accelerators based in Hong Kong SAR China back most?

In the last 12 months, mostly Web3 & Crypto, AI and Gaming.

### Which incubators and accelerators based in Hong Kong SAR China lead the most rounds?

Animoca Brands (6 led) and Sun Hung Kai & Co. Limited (1 led).

### What have incubators and accelerators based in Hong Kong SAR China invested in recently?

Recent rounds include Bullshot (Other, Nov 2026, with Animoca Brands), RealGo (Venture, Sept 2026, with Animoca Brands) and WildFire Energy (Grant, Jul 2026, with Brinc).

### How is this list of incubators and accelerators based in Hong Kong SAR China ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)