# Morningside Group's Investments in China: 23 Startups by Sector (2026) > The 23 startups in China that Morningside Group has backed, by sector: Biotech, AI and Internet and more. $5.7B raised. Updated nightly. Source: https://millionrounds.com/portfolio-maps/morningside-investments-china (Millionrounds; every figure on the page links to its filing or article) ## Biotech 7 - [*HB* Heyuan Biotechnology](https://millionrounds.com/company/heyuan-biotechnology) - [*AB* Accro Bioscience](https://millionrounds.com/company/accro-bioscience) - [Epigenic Therapeutics](https://millionrounds.com/company/epigenic-therapeutics) - [*M* MobileMD](https://millionrounds.com/company/mobilemd) - [*X* Xgene](https://millionrounds.com/company/xgene) - [Phage Pharm](https://millionrounds.com/company/phage-pharm) - [360Guanxi](https://millionrounds.com/company/360guanxi) ## AI 5 - [Horizon Robotics](https://millionrounds.com/company/horizon-robotics) - [*ZT* Zhuiyi Technology](https://millionrounds.com/company/zhuiyi-technology) - [*R* Redcore](https://millionrounds.com/company/redcore) - [*Z* Zhuiyi](https://millionrounds.com/company/zhuiyi) - [Xmov](https://millionrounds.com/company/xmov) ## Internet 4 - [Xiaomi](https://millionrounds.com/company/xiaomi) - [*X* Xiaozhu](https://millionrounds.com/company/xiaozhu) - [Maimai](https://millionrounds.com/company/maimai) - [*H* Huya](https://millionrounds.com/company/huya) ## Fintech 3 - [Souche](https://millionrounds.com/company/souche) - [*BF* Black Fish](https://millionrounds.com/company/black-fish) - [Yooli](https://millionrounds.com/company/yooli) ## IT Services 2 - [Aiwujiwu](https://millionrounds.com/company/aiwujiwu) - [BestSign](https://millionrounds.com/company/bestsign) ## Gaming 2 - [*N* nice](https://millionrounds.com/company/nice) - [*KD* Kaiheikeji Digital](https://millionrounds.com/company/kaiheikeji-digital) ## Segment by segment ### Biotech 7 startups · $510M raised - [*HB* **Heyuan Biotechnology**](https://millionrounds.com/company/heyuan-biotechnology) Heyuan Biotechnology is a biotechnology company focusing on the field of gene therapy services. China $300M - [*AB* **Accro Bioscience**](https://millionrounds.com/company/accro-bioscience) China $64M - [**Epigenic Therapeutics**](https://millionrounds.com/company/epigenic-therapeutics) Epigenic Therapeutics is a biotechnology company based in China, founded in 2021. China $60M - [*M* **MobileMD**](https://millionrounds.com/company/mobilemd) China $48M - [*X* **Xgene**](https://millionrounds.com/company/xgene) China $20M - [**Phage Pharm**](https://millionrounds.com/company/phage-pharm) Phage Pharm is a professional enterprise in the industrialization of bacteriophages. China $13M - [**360Guanxi**](https://millionrounds.com/company/360guanxi) 360Guanxi is an integrated media company that caters to Chinese chemical, pharmaceutical, and life science industries. China $5.0M ### AI 5 startups · $812M raised - [**Horizon Robotics**](https://millionrounds.com/company/horizon-robotics) China $700M - [*ZT* **Zhuiyi Technology**](https://millionrounds.com/company/zhuiyi-technology) Zhuiyi Technology is an artificial intelligence start-up that develops AI platform. China $41M - [*R* **Redcore**](https://millionrounds.com/company/redcore) China $36M - [*Z* **Zhuiyi**](https://millionrounds.com/company/zhuiyi) China $21M - [**Xmov**](https://millionrounds.com/company/xmov) Founded in 2018, XMOV has developed full-stack AIGC capabilities for 3D AI Avatar generation. China $15M ### Internet 4 startups · $3.3B raised - [**Xiaomi**](https://millionrounds.com/company/xiaomi) Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). China $2.4B - [*X* **Xiaozhu**](https://millionrounds.com/company/xiaozhu) China $485M - [**Maimai**](https://millionrounds.com/company/maimai) 脉脉 (Maimai) is a professional social networking platform based in China, launched in October 2013. China $295M - [*H* **Huya**](https://millionrounds.com/company/huya) China $75M ### Fintech 3 startups · $787M raised - [**Souche**](https://millionrounds.com/company/souche) Souche, a leading automotive new retail platform in China, is founded by Mr. China $526M - [*BF* **Black Fish**](https://millionrounds.com/company/black-fish) China $195M - [**Yooli**](https://millionrounds.com/company/yooli) Yooli (有利网) is a peer-to-peer online lending platform based in Beijing, China, founded in 2012. China $66M ### IT Services 2 startups · $200M raised - [**Aiwujiwu**](https://millionrounds.com/company/aiwujiwu) 爱屋吉屋 is an internet-based real estate intermediary platform based in Shanghai, China. China $155M - [**BestSign**](https://millionrounds.com/company/bestsign) BestSign is a prominent provider of electronic signature and contract lifecycle management services, specializing in blockchain-en China $45M ### Gaming 2 startups · $79M raised - [*N* **nice**](https://millionrounds.com/company/nice) NICE is a smart and grip strength game and product developer. China $64M - [*KD* **Kaiheikeji Digital**](https://millionrounds.com/company/kaiheikeji-digital) Kaiheikeji Digital is a Chinese online game sparring service platform. China $15M **How this map is made.** Every startup here has raised money in a round we track that names Morningside Group as an investor and is based in China. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **Morningside Group portfolio map** 79 startups · $11B](https://millionrounds.com/portfolio-maps/morningside-portfolio-map)[Co-investors **Who invests with Morningside Group** 39 co-investors](https://millionrounds.com/portfolio-maps/morningside-co-investors)[Sector portfolio **Morningside Group's Biotech portfolio** 31 startups · $2.2B](https://millionrounds.com/portfolio-maps/morningside-biotech-portfolio)[Sector portfolio **Morningside Group's AI portfolio** 11 startups · $1.8B](https://millionrounds.com/portfolio-maps/morningside-ai-portfolio)[Investments abroad **Techstars' investments in the United Kingdom** 102 startups · $1.1B](https://millionrounds.com/portfolio-maps/techstars-investments-united-kingdom)[Investments abroad **Sequoia Capital's investments in China** 76 startups · $56B](https://millionrounds.com/portfolio-maps/sequoia-capital-investments-china) ## Raising from investors like Morningside Group? 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