Ecosystem map · Shanghai

Shanghai startup ecosystem map

59 startups based in Shanghai that have raised money in rounds we track, grouped by their main sector. Together they have raised $4.2B; Biotech is the biggest sector, with 15 companies.

59startups on the map
7sectors
$4.2Braised between them
IT Servicesmost funded sector

Biotech

15

IT Services

14

AI

8

E-commerce

6

Advertising & Adtech

6

Fintech

5

Pharma

5

Segment by segment

Biotech

15 startups · $1.1B raised

  1. InventisBioInventisBio is a clinical-stage biopharmaceutical company based in Shanghai, China, with operations in New Jersey, USA.China$236M
  2. MedbanksMedbanks develops customized medical service and health care based on self-built medical expert network and drugstore network, proChina$201M
  3. HenliusShanghai Henlius Biotech is joint venture company that provides clinical-stage biopharmaceutical services.China$190M
  4. Taimei Medical TechnologyZhejiang Taimei Medical Technology Co., Ltd.China$80M
  5. Zentera TherapeuticsZentera Therapeutics, also known as 正腾康生物科技, is a clinical-stage biopharmaceutical company based in Shanghai, China.China$75M
  6. Alpha BiopharmaAlpha Biopharma is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017.China$61M
  7. Epigenic TherapeuticsEpigenic Therapeutics is a biotechnology company based in China, founded in 2021.China$60M
  8. Neukio BiotherapeuticsNeukio Biotherapeutics focuses on development of next generation allogenic cell therapies via the iPSC-CAR-NK axis, through internChina$50M

IT Services

14 startups · $1.1B raised

  1. baixing.comBaixing.com is a prominent online classifieds platform in China, founded in March 2005 and headquartered in Shanghai.China$510M
  2. NeueHCTneueHCT, formerly known as Zhijia Dalu and now branded as Zhijia Xincheng, is a global supplier of intelligent driving systems.China$200M
  3. Jia.comJia.com is an information technology and services company based out of Jiading, Shanghai, China.China$168M
  4. Aiwujiwu爱屋吉屋 is an internet-based real estate intermediary platform based in Shanghai, China.China$155M
  5. HunterOnHunterOn (猎上网) is a recruitment service platform established in 2012, based in Shanghai, China.China$30M
  6. MoSeekerMoSeeker (仟寻招聘) is a Shanghai-based company specializing in AI-driven social recruitment technology.China$22M
  7. MediaVMediaV is a digital marketing and advertising technology company based in Shanghai, founded in 2009.China$15M
  8. ChinaNetCloudChinaNetCloud is an internet managed services provider to build, optimize, and manage their Internet infrastructure.China$11M

AI

8 startups · $469M raised

  1. TranswarpTranswarp Technology (Shanghai) Co., Ltd., also known as Transwarp, is a prominent Chinese provider of enterprise-grade AI infrastChina$151M
  2. YaoyansheYaoyanshe is a clinical research technology company based in Shanghai, specializing in the pharmaceutical R&D ecosystem.China$86M
  3. ThinkForceFounded in 2017, ThinkForce is a AI chip high-tech startup based in Shanghai, China.China$68M
  4. NextVPUNextVPU offers embedded AI solutions for most of the smart devices and applications.China$57M
  5. Cyclone RoboticsCyclone Robotics is a prominent provider of Robotic Process Automation (RPA) software and hyperautomation solutions, founded in 20China$40M
  6. TMiRobA medical robot developer that works with hospitals and clinics to develop medical robots to improve the work efficiency of medical workers.China$30M
  7. MindRank AIMindRank AI is a clinical-stage company based in Shanghai, specializing in AI-powered drug discovery.China$23M
  8. LeaptingLeapting丽天, officially known as Huzhou LEAPTING Technology Co., Ltd., is a high-tech enterprise founded in July 2022 and based in China$14M

E-commerce

6 startups · $440M raised

  1. XiaohongshuXiaohongshu, also known as RedNote or Little Red Book, is a prominent Chinese social networking and e-commerce platform founded inChina$318M
  2. FFineExFineEx is a domestic e-commerce warehouse integration services and provides a professional omnichannel logistics service platform.China$90M
  3. EEyoule.comEyoule.com is a supply chain service platform for catering industry.China$15M
  4. Haizol.comHAIZOL is China's leading professional online sourcing service platform for custom parts and components.China$13M
  5. The BeastThe Beast is a Chinese lifestyle retail brand founded in 2011, initially starting as a flower concept before evolving into a broadChina$3.0M
  6. JiaTableJiaTable 嘉席 is a ready-to-cook meal delivery company that uses sous-vide technology to provide fresh meals to its customer's doorstep.China$1.2M

Advertising & Adtech

6 startups · $462M raised

  1. EnovateENOVATE天际汽车 is a Chinese brand specializing in new energy vehicles, particularly electric cars.China$304M
  2. BUY QUICKLY百秋尚美 - BUY QUICKLY,专注国际时尚领域国内领军的数字化零售综合运营服务商China$71M
  3. TouchmediaTouchmedia is a leading in-taxi interactive media provider based in Shanghai, China.China$47M
  4. ShopalWith collectively ten years experience in retail, we believe that key driver for a successful physical store is to have customers return.China$29M
  5. AppcoachAppcoach, officially known as Shanghai Anpu Information Technology Co., Ltd., is a global mobile performance marketing agency founChina$10M
  6. QuadasQuadas京纬数据 is a mobile advertising technology company based in Shanghai, China.China$1.5M

Fintech

5 startups · $344M raised

  1. DianrongDianrong, headquartered in Shanghai, China, is a leading online marketplace lending and financial technology company, often referrChina$290M
  2. TigeroboTigerobo is an artificial intelligence company based in Shanghai, founded in 2017.China$33M
  3. LeapstackLeapstack is a technology company that provides health insurance operations and risk control system solutions.China$15M
  4. XDXencio Data TechnologyData Analytics, Cash Flow Analytics, Accounting Automation, Auditing AutomationChina$3.6M
  5. PanPayPanPay is a financial technology company founded in 2017, specializing in cross-border financial services.China$2.9M

Pharma

5 startups · $270M raised

  1. Elpiscience BiopharmaceuticalsElpiscience Biopharmaceuticals is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017.China$105M
  2. VelaVigoVelaVigo is a biotech company that specializes in the discovery and development of multi-specific antibodies and antibody-drug conChina$60M
  3. Allink BiotherapeuticsFounded in 2023 and based in Shanghai, China, Allink Biotherapeutics is a biotech company dedicated to expediting the development China$47M
  4. YolTech TherapeuticsYolTech Therapeutics is a clinical-stage biotechnology company based in Shanghai, China, founded in 2021.China$42M
  5. ProfexPROFEX is a pharmaceutical manufacturing company based in Jing'an District, Shanghai, China, established in 2001.China$16M

How this map is made. Every startup here is based in Shanghai and has raised money in rounds we track. Each sits under its main sector, read from its rounds; each sector shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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