# Shanghai Startup Ecosystem Map 2026: 59 Startups by Sector > Map of 59 funded startups in Shanghai across 7 sectors, from Biotech, IT Services and AI on: $4.2B raised. Logos, funding and rounds; updated nightly. Source: https://millionrounds.com/market-maps/shanghai-startup-ecosystem-map (Millionrounds; every figure on the page links to its filing or article) ## Biotech 15 - [InventisBio](https://millionrounds.com/company/inventisbio) - [Medbanks](https://millionrounds.com/company/medbanks) - [Henlius](https://millionrounds.com/company/henlius) - [Taimei Medical Technology](https://millionrounds.com/company/taimei-medical-technology) - [Zentera Therapeutics](https://millionrounds.com/company/zentera-therapeutics) - [Alpha Biopharma](https://millionrounds.com/company/alpha-biopharma) - [Epigenic Therapeutics](https://millionrounds.com/company/epigenic-therapeutics) - [Neukio Biotherapeutics](https://millionrounds.com/company/neukio-biotherapeutics) - [Argo Biopharma](https://millionrounds.com/company/argo-biopharma) - [Origimed](https://millionrounds.com/company/origimed) - [Rona Therapeutics](https://millionrounds.com/company/rona-therapeutics) - [Novamab](https://millionrounds.com/company/novamab) - [Polaris Biology](https://millionrounds.com/company/polaris-biology) - [Delonix Bioworks](https://millionrounds.com/company/delonix-bioworks) - [CorrectSequence Therapeutics](https://millionrounds.com/company/correctsequence-therapeutics) ## IT Services 14 - [baixing.com](https://millionrounds.com/company/baixing-com) - [NeueHCT](https://millionrounds.com/company/neuehct) - [Jia.com](https://millionrounds.com/company/jia-com) - [Aiwujiwu](https://millionrounds.com/company/aiwujiwu) - [HunterOn](https://millionrounds.com/company/hunteron) - [MoSeeker](https://millionrounds.com/company/moseeker) - [MediaV](https://millionrounds.com/company/mediav) - [ChinaNetCloud](https://millionrounds.com/company/chinanetcloud) - [Paraview Software](https://millionrounds.com/company/paraview-software) - [*YM* Yek Mobile](https://millionrounds.com/company/yek-mobile) - [*D* Dapu.com](https://millionrounds.com/company/dapu-com) - [2345.com](https://millionrounds.com/company/2345-com) - [HiCTO](https://millionrounds.com/company/hicto) - [QPSoftware](https://millionrounds.com/company/qpsoftware) ## AI 8 - [Transwarp](https://millionrounds.com/company/transwarp) - [Yaoyanshe](https://millionrounds.com/company/yaoyanshe) - [ThinkForce](https://millionrounds.com/company/thinkforce) - [NextVPU](https://millionrounds.com/company/nextvpu) - [Cyclone Robotics](https://millionrounds.com/company/cyclone-robotics) - [TMiRob](https://millionrounds.com/company/tmirob) - [MindRank AI](https://millionrounds.com/company/mindrank-ai) - [Leapting](https://millionrounds.com/company/leapting) ## E-commerce 6 - [Xiaohongshu](https://millionrounds.com/company/xiaohongshu) - [*F* FineEx](https://millionrounds.com/company/fineex) - [*E* Eyoule.com](https://millionrounds.com/company/eyoule-com) - [Haizol.com](https://millionrounds.com/company/haizol-com) - [The Beast](https://millionrounds.com/company/the-beast) - [JiaTable](https://millionrounds.com/company/jiatable) ## Advertising & Adtech 6 - [Enovate](https://millionrounds.com/company/enovate) - [BUY QUICKLY](https://millionrounds.com/company/buy-quickly) - [Touchmedia](https://millionrounds.com/company/touchmedia) - [Shopal](https://millionrounds.com/company/shopal) - [Appcoach](https://millionrounds.com/company/appcoach) - [Quadas](https://millionrounds.com/company/quadas) ## Fintech 5 - [Dianrong](https://millionrounds.com/company/dianrong) - [Tigerobo](https://millionrounds.com/company/tigerobo) - [Leapstack](https://millionrounds.com/company/leapstack) - [*XD* Xencio Data Technology](https://millionrounds.com/company/xencio-data-technology) - [PanPay](https://millionrounds.com/company/panpay) ## Pharma 5 - [Elpiscience Biopharmaceuticals](https://millionrounds.com/company/elpiscience-biopharmaceuticals) - [VelaVigo](https://millionrounds.com/company/velavigo) - [Allink Biotherapeutics](https://millionrounds.com/company/allink-biotherapeutics) - [YolTech Therapeutics](https://millionrounds.com/company/yoltech-therapeutics) - [Profex](https://millionrounds.com/company/profex) ## Segment by segment ### Biotech 15 startups · $1.1B raised - [**InventisBio**](https://millionrounds.com/company/inventisbio) InventisBio is a clinical-stage biopharmaceutical company based in Shanghai, China, with operations in New Jersey, USA. China $236M - [**Medbanks**](https://millionrounds.com/company/medbanks) Medbanks develops customized medical service and health care based on self-built medical expert network and drugstore network, pro China $201M - [**Henlius**](https://millionrounds.com/company/henlius) Shanghai Henlius Biotech is joint venture company that provides clinical-stage biopharmaceutical services. China $190M - [**Taimei Medical Technology**](https://millionrounds.com/company/taimei-medical-technology) Zhejiang Taimei Medical Technology Co., Ltd. China $80M - [**Zentera Therapeutics**](https://millionrounds.com/company/zentera-therapeutics) Zentera Therapeutics, also known as 正腾康生物科技, is a clinical-stage biopharmaceutical company based in Shanghai, China. China $75M - [**Alpha Biopharma**](https://millionrounds.com/company/alpha-biopharma) Alpha Biopharma is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017. China $61M - [**Epigenic Therapeutics**](https://millionrounds.com/company/epigenic-therapeutics) Epigenic Therapeutics is a biotechnology company based in China, founded in 2021. China $60M - [**Neukio Biotherapeutics**](https://millionrounds.com/company/neukio-biotherapeutics) Neukio Biotherapeutics focuses on development of next generation allogenic cell therapies via the iPSC-CAR-NK axis, through intern China $50M ### IT Services 14 startups · $1.1B raised - [**baixing.com**](https://millionrounds.com/company/baixing-com) Baixing.com is a prominent online classifieds platform in China, founded in March 2005 and headquartered in Shanghai. China $510M - [**NeueHCT**](https://millionrounds.com/company/neuehct) neueHCT, formerly known as Zhijia Dalu and now branded as Zhijia Xincheng, is a global supplier of intelligent driving systems. China $200M - [**Jia.com**](https://millionrounds.com/company/jia-com) Jia.com is an information technology and services company based out of Jiading, Shanghai, China. China $168M - [**Aiwujiwu**](https://millionrounds.com/company/aiwujiwu) 爱屋吉屋 is an internet-based real estate intermediary platform based in Shanghai, China. China $155M - [**HunterOn**](https://millionrounds.com/company/hunteron) HunterOn (猎上网) is a recruitment service platform established in 2012, based in Shanghai, China. China $30M - [**MoSeeker**](https://millionrounds.com/company/moseeker) MoSeeker (仟寻招聘) is a Shanghai-based company specializing in AI-driven social recruitment technology. China $22M - [**MediaV**](https://millionrounds.com/company/mediav) MediaV is a digital marketing and advertising technology company based in Shanghai, founded in 2009. China $15M - [**ChinaNetCloud**](https://millionrounds.com/company/chinanetcloud) ChinaNetCloud is an internet managed services provider to build, optimize, and manage their Internet infrastructure. China $11M ### AI 8 startups · $469M raised - [**Transwarp**](https://millionrounds.com/company/transwarp) Transwarp Technology (Shanghai) Co., Ltd., also known as Transwarp, is a prominent Chinese provider of enterprise-grade AI infrast China $151M - [**Yaoyanshe**](https://millionrounds.com/company/yaoyanshe) Yaoyanshe is a clinical research technology company based in Shanghai, specializing in the pharmaceutical R&D ecosystem. China $86M - [**ThinkForce**](https://millionrounds.com/company/thinkforce) Founded in 2017, ThinkForce is a AI chip high-tech startup based in Shanghai, China. China $68M - [**NextVPU**](https://millionrounds.com/company/nextvpu) NextVPU offers embedded AI solutions for most of the smart devices and applications. China $57M - [**Cyclone Robotics**](https://millionrounds.com/company/cyclone-robotics) Cyclone Robotics is a prominent provider of Robotic Process Automation (RPA) software and hyperautomation solutions, founded in 20 China $40M - [**TMiRob**](https://millionrounds.com/company/tmirob) A medical robot developer that works with hospitals and clinics to develop medical robots to improve the work efficiency of medical workers. China $30M - [**MindRank AI**](https://millionrounds.com/company/mindrank-ai) MindRank AI is a clinical-stage company based in Shanghai, specializing in AI-powered drug discovery. China $23M - [**Leapting**](https://millionrounds.com/company/leapting) Leapting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 - [**Xiaohongshu**](https://millionrounds.com/company/xiaohongshu) Xiaohongshu, also known as RedNote or Little Red Book, is a prominent Chinese social networking and e-commerce platform founded in China $318M - [*F* **FineEx**](https://millionrounds.com/company/fineex) FineEx is a domestic e-commerce warehouse integration services and provides a professional omnichannel logistics service platform. China $90M - [*E* **Eyoule.com**](https://millionrounds.com/company/eyoule-com) Eyoule.com is a supply chain service platform for catering industry. China $15M - [**Haizol.com**](https://millionrounds.com/company/haizol-com) HAIZOL is China's leading professional online sourcing service platform for custom parts and components. China $13M - [**The Beast**](https://millionrounds.com/company/the-beast) The Beast is a Chinese lifestyle retail brand founded in 2011, initially starting as a flower concept before evolving into a broad China $3.0M - [**JiaTable**](https://millionrounds.com/company/jiatable) JiaTable 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 - [**Enovate**](https://millionrounds.com/company/enovate) ENOVATE天际汽车 is a Chinese brand specializing in new energy vehicles, particularly electric cars. China $304M - [**BUY QUICKLY**](https://millionrounds.com/company/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 - [**Touchmedia**](https://millionrounds.com/company/touchmedia) Touchmedia is a leading in-taxi interactive media provider based in Shanghai, China. China $47M - [**Shopal**](https://millionrounds.com/company/shopal) With collectively ten years experience in retail, we believe that key driver for a successful physical store is to have customers return. China $29M - [**Appcoach**](https://millionrounds.com/company/appcoach) Appcoach, officially known as Shanghai Anpu Information Technology Co., Ltd., is a global mobile performance marketing agency foun China $10M - [**Quadas**](https://millionrounds.com/company/quadas) Quadas京纬数据 is a mobile advertising technology company based in Shanghai, China. China $1.5M ### Fintech 5 startups · $344M raised - [**Dianrong**](https://millionrounds.com/company/dianrong) Dianrong, headquartered in Shanghai, China, is a leading online marketplace lending and financial technology company, often referr China $290M - [**Tigerobo**](https://millionrounds.com/company/tigerobo) Tigerobo is an artificial intelligence company based in Shanghai, founded in 2017. China $33M - [**Leapstack**](https://millionrounds.com/company/leapstack) Leapstack is a technology company that provides health insurance operations and risk control system solutions. China $15M - [*XD* **Xencio Data Technology**](https://millionrounds.com/company/xencio-data-technology) Data Analytics, Cash Flow Analytics, Accounting Automation, Auditing Automation China $3.6M - [**PanPay**](https://millionrounds.com/company/panpay) PanPay is a financial technology company founded in 2017, specializing in cross-border financial services. China $2.9M ### Pharma 5 startups · $270M raised - [**Elpiscience Biopharmaceuticals**](https://millionrounds.com/company/elpiscience-biopharmaceuticals) Elpiscience Biopharmaceuticals is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017. China $105M - [**VelaVigo**](https://millionrounds.com/company/velavigo) VelaVigo is a biotech company that specializes in the discovery and development of multi-specific antibodies and antibody-drug con China $60M - [**Allink Biotherapeutics**](https://millionrounds.com/company/allink-biotherapeutics) Founded in 2023 and based in Shanghai, China, Allink Biotherapeutics is a biotech company dedicated to expediting the development China $47M - [**YolTech Therapeutics**](https://millionrounds.com/company/yoltech-therapeutics) YolTech Therapeutics is a clinical-stage biotechnology company based in Shanghai, China, founded in 2021. China $42M - [**Profex**](https://millionrounds.com/company/profex) PROFEX 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. ## More market maps [All maps](https://millionrounds.com/market-maps) [Market map **Marketing tech market map** 1,963 startups · 7 segments · $41B](https://millionrounds.com/market-maps/marketing-tech-market-map)[Market map **Fintech market map** 1,633 startups · 8 segments · $139B](https://millionrounds.com/market-maps/fintech-market-map)[Market map **Crypto and Web3 market map** 1,297 startups · 8 segments · $33B](https://millionrounds.com/market-maps/crypto-and-web3-market-map)[Market map **Food tech market map** 1,226 startups · 7 segments · $20B](https://millionrounds.com/market-maps/food-tech-market-map)[Market map **Edtech market map** 1,014 startups · 7 segments · $15B](https://millionrounds.com/market-maps/edtech-market-map)[Market map **Gaming market map** 914 startups · 6 segments · $18B](https://millionrounds.com/market-maps/gaming-market-map) ## Who backs shanghai startups? 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